PGIM Buys Seattle Apartment Tower for $293MM
By Meghan Hall
PGIM has made a big investment into downtown Seattle. In a deal that was finalized February 11th, but just recorded, the asset...
Brewery Lofts in Tacoma Secures $13.3MM in Refinancing
Permanent Financing Positions Historic Adaptive Reuse Urban Loft Developer for Next Phase of Legacy Hold; Attractive Agency Financing Includes Interest-Only Period and Seven-Year TermTacoma,...
Report: U.S. Rental Rates to Continue Increasing in 2022
By Catherine Sweeney
While it is only the beginning of 2022, multifamily rental rates are already seeing significant increases. According to a national multifamily outlook...
Seattle Vehicle Service Center to be Transformed into 45-Story Hotel and Multifamily Tower
By Meghan Hall
Plans are taking shape to transform an underutilized vehicle service center in Seattle’s Belltown neighborhood into a sleek, ultra skinny high-rise. In...
Real Estate Investors Are Buying a Record Share of U.S. Homes
Investors bought 18.4% of the U.S. homes that were purchased in the fourth quarter, worth a total of nearly $50 billion
SEATTLE--(NASDAQ: RDFN) — Real...
Kent’s Central Flats Apartments Sells for $149MM to Bridge Investment Group
By Meghan Hall
Another apartment complex has traded hands, adding to an already busy start to the year. In a deal that closed on February...
Koz Development Sells Multifamily Asset in Everett for $27MM
By Meghan Hall
Local firm Koz Development has pursued a number of projects in the Puget Sound over the past couple of years as a...
Everett’s Lumen Apartments Sells for $38.75MM
By Meghan Hall
Investors near and far continue to close on deals for Puget Sound multifamily assets. Last week, Suffern, New York-based Castle Lanterra Properties...
Report: Median Prices for Condominiums Shows Strength in West Coast Markets
By Catherine Sweeney
Condominium markets across the West Coast are showing promising numbers heading into 2022 as median costs are continuing to increase. According to...
229-Unit Project Pitched for Seattle’s University District to Return for Second Recommendation Meeting
By Meghan Hall
Seattle’s University District has become a hub of development activity, and another residential project is working through the design review process. Presented...
