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Equity Residential Bets on Bellevue-Redmond as Seattle Apartment Market Trails San Francisco’s AI Recovery

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Seattle skyline with Elliott Bay
Photo by Electron Photography on Unsplash
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The REIT's 8,051-unit Seattle portfolio underperformed in Q1 2026, but executives see Eastside office momentum and migration patterns positioning the metro for a 2027 inflection. Seattle is running about a year behind San Francisco — and Equity Residential's executives are betting that history will rhyme. The Chicago-based REIT, which owns 38 properties totaling 8,051 apartment […]

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