Equity Residential Acquires Packard Building for $25.8MM

By Kristin Bentley Chicago-based Equity Residential continues to grow its presence in Capitol Hill, as it purchased a second property last week. The Packard Building,...

Security Properties Buys DuPont Apartment at 5.8% Cap Rate

By Jon Peterson Seattle-based Security Properties has purchased the 188-unit Clock Tower Village Apartments in DuPont and achieved a 5.8 percent cap rate on this...

Design Proposal for 100-Story Mega Skyscraper Approved

By Kristin Bentley The design of the “mega” skyscraper 4/C, planned for the corner of 4th and Columbia in downtown Seattle, was approved Tuesday night...

Capital Seniors Housing Gets 6.25 Cap on $36.25MM Buy on Queen Anne Property

By Jon Peterson Washington, D.C.-based Capital Seniors Housing has acquired the 93-unit Queen Anne Manor property in Seattle at a 6.25 percent cap rate. “This...

Ten Largest Rental Projects in Seattle Delivered 2500+ Apartments in 2015

By Kristin Bentley Apartment construction activity was at record levels in Seattle in 2015, and continues in 2016. With vacancy rates below four percent and the...
San Francisco, Bay Area, Seattle, Castle Lanterra Properties, Kidder Mathews, RentCafe, Oakland, CLP, Austin, Denver, Everett, Housing

Net-zero Energy Homes Building Momentum

By Neil Gonzales Homes that produce as much renewable energy as they consume appear to be gaining traction in North America. That momentum is being fueled...

Alliance Realty Moves Ahead with Pill Hill Apartment Proposal Despite Parking Issues

By Jonah Loeb Alliance Realty Partners of Seattle has unveiled plans to develop The Broadstone First Hill, an 8 story, mixed-use residential and commercial complex...

Clise Properties’ Twin Tower Complex Approved by Seattle Design Review Board

By Kristin Bentley Members of the Downtown Design Review Board in Seattle voted unanimously on Jan. 20 to approve a modified design for Clise Properties’...
California State Teachers Retirement System, Los Angeles, Resmark, ResCal Investments, San Francisco Bay Area, Seattle, CalSTRS

Downtown Seattle is on Solid Footing, Yet Challenges Call for Bold Vision Forward

There was a lot of optimism in the room at last week’s 2016 State of Downtown Economic Report breakfast organized by the Downtown Seattle...

MIG Buys First Apartment Building in the Seattle Market for $46MM

By Jon Peterson Newport Beach, Calif.-based MIG Real Estate has made its $46.6 million purchase of the 274-unit Berkshire Apartments located at 1300 Eagle Drive...

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