St. Regis Properties Secures $23.25MM Refinance for 105-Unit Align Apartments in Federal Way
St. Regis Properties tapped a life company correspondent lender instead of the debt funds that typically price bridge loans at this leverage, landing...
Ready Capital Lands $141MM C-PACE Loan From Peachtree Group to Recapitalize Ritz-Carlton Portland Tower
Ready Capital has closed a $141 million C-PACE loan from Peachtree Group to recapitalize Block 216, the 35-story downtown tower housing the Ritz-Carlton...
40-Unit Legacy Ridge Apartments in Tacoma Trades for $8.65MM
A brokerage team closed a Tacoma apartment sale within three days of winning the listing, before the property was ever formally brought to...
Essex Property Trust Sells 76-Unit Collins on Pine Apartments for $30MM in Seattle
Essex Property Trust closed out a 12-year hold on the 76-unit Capitol Hill property for barely more than it paid in 2014, even...
Port of Seattle Commits $1.1B to $2.5B Sea-Tac S Concourse Overhaul
The Port of Seattle Commission cleared the first $1.1 billion of a $2.5 billion plan to rebuild the airport’s oldest concourse from the...
Marpac Tapped to Build 65-Unit Milano Issaquah Apartments Near Costco HQ
Milano Issaquah Apartments is heading toward construction just as investor appetite for Issaquah multifamily assets shows signs of rebounding, positioning the 65-unit project...
Trinity Lutheran Church Lists 13,728 SQFT Historic Everett Building for $1.71MM
Facing the same pressures reshaping historic congregations across Puget Sound, Trinity Lutheran Church has listed its Bebb and Gould-designed Everett sanctuary for $1.71...
Essex Property Trust Sells 76-Unit Collins on Pine Apartments for $30MM in Seattle
Essex Property Trust closed out a 12-year hold on the 76-unit Capitol Hill property for barely more than it paid in 2014, even...
Port of Seattle Commits $1.1B to $2.5B Sea-Tac S Concourse Overhaul
The Port of Seattle Commission cleared the first $1.1 billion of a $2.5 billion plan to rebuild the airport’s oldest concourse from the...
Marpac Tapped to Build 65-Unit Milano Issaquah Apartments Near Costco HQ
Milano Issaquah Apartments is heading toward construction just as investor appetite for Issaquah multifamily assets shows signs of rebounding, positioning the 65-unit project...
Portland Council Pledges $120MM Toward $600MM Moda Center Overhaul to Keep Blazers
Wednesday’s vote sets the stage for months of high-stakes bargaining with the Trail Blazers’ new ownership, whose rocky start with City Hall has...
Bellevue Anchors Puget Sound Office Rebound as Regional Vacancy Climbs to 23.4% in Q2 2026
A widening split defined the Puget Sound office market in the second quarter of 2026, with Bellevue’s AI-fueled leasing surge and a thinning...
Ready Capital Lands $141MM C-PACE Loan From Peachtree Group to Recapitalize Ritz-Carlton Portland Tower
Ready Capital has closed a $141 million C-PACE loan from Peachtree Group to recapitalize Block 216, the 35-story downtown tower housing the Ritz-Carlton...
Perry Ellis Returns Jantzen Swimwear to Portland with 25,000 SQFT Lincoln Place Lease
Perry Ellis International’s swimwear division signed a long-term lease for 25,289 square feet at Schnitzer Properties’ Lincoln Place, moving the Jantzen brand from...
Portland Council Pledges $120MM Toward $600MM Moda Center Overhaul to Keep Blazers
Wednesday’s vote sets the stage for months of high-stakes bargaining with the Trail Blazers’ new ownership, whose rocky start with City Hall has...
Portland Committee Advances 3,000-Seat Broadway Venue at PSU, Backs Keller Auditorium Downsizing
A divided Portland City Council committee voted Tuesday to advance a $137.5 million plan for a new Broadway venue at Portland State University...
Urban League of Portland, Northwest Housing Alternatives Open 62-Unit M Carter Commons for Seniors in North Portland
The Urban League of Portland and Northwest Housing Alternatives cut the ribbon Tuesday on M Carter Commons, a 62-apartment affordable community for seniors...
Portland Posts Nation’s Second-Largest Job Loss as Seattle Stalls and Pacific Northwest Unemployment Climbs
Portland shed 25,700 jobs over the year ending June 2026 — the second-steepest decline of any U.S. metropolitan area — while Seattle managed...
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2026 Pacific Northwest CRE Rising Stars
Celebrating the Next Generation of Commercial Real Estate Excellence From the tech epicenters of Seattle and Portland to the industrial ports of...
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Patience Over Growth: TruAmerica’s Bob Hart on the National Multifamily Reset
In a wide-ranging interview on CBRE's The Weekly Take podcast, TruAmerica Multifamily founder Bob Hart laid out how a four-decade veteran is navigating...
Barry Gosin to Step Down as Newmark CEO After Nearly Five Decades; Board Targets Successor by Year End
Barry Gosin, who built Newmark from a regional brokerage into one of the fastest-growing publicly traded commercial real estate firms in the world,...
PSE Must Build New Vernell Substation, Upgrade Bellevue Grid by 2030 to Keep Pace With Growth, Joint Study Finds
A Bellevue-Redmond grid capacity study conducted with Puget Sound Energy concludes the utility must construct a new Central Bellevue substation called Vernell and...
McNellis: One House, One Spouse — A Guide to CRE Wealth Preservation
Why razor-thin overhead and the 'one house, one spouse' rule are the keys to preserving wealth in real estate and in life.
McNellis: In Denial Over the New Normal
By John McNellis Developers always crash and burn in the movies. The eternal bad guy, the developers’ heinous plans to pave a beach,...
Seattle v. Bellevue: The Tortoise Wears a Patagonia Vest
Bellevue is trouncing Seattle on occupancy, but occupancy is the lagging indicator—and the talent that fills tomorrow’s offices still wants the messy city...
The Art of the Quiet Exit, A Hudson Pacific Story
Hudson Pacific’s COO resigned with the usual boilerplate denial attached—but after a $572 million annual loss, a scrapped dividend and a stock down...
A Shot in the (Life Science) Arm for Puget Sound
Eli Lilly’s $1.5 billion cash deal for Bothell-based Curevo Vaccine is the kind of validating, capital-attracting exit Puget Sound’s life sciences cluster has...
The Data Center Bargain: What Every Town Should Demand
Free power. Free heat. Clean water. The bargain every town should be demanding. By Billy the Broker (I just want to stay anonymous)...
Concord Pacific’s $371MM, 1,131-Unit Seattle House Nears Fall Opening as Seattle’s Largest Apartment Project
Concord Pacific and HB Management are preparing to open the two-tower, 1,131-unit Seattle House in the Denny Triangle this fall, capping a six-year...
City of Kirkland Pays $10MM for Former LDS Church in Kingsgate After Competitive Bidding
A municipal government just out-competed the private market for a 3.28-acre Eastside development site, paying well above asking price to secure a former...
$13.65MM Refinance Secured for Walmart-Anchored Retail Center in Sherwood, Ore.
A private investor just locked in seven-year, fixed-rate debt on a fully stabilized Portland-suburb shopping center at a moment when insurance-company lenders are...
Ares Management Pays $55MM for Fully Leased 248,000 SQFT Tacoma Central Logistics
A newspaper’s old printing plant has completed its transformation into a modern logistics hub, trading hands for more than three-and-a-half times what the...
Breakthrough Properties Acquires Stalled Seagen Biologics Plant in Everett for $78MM
A biomanufacturing facility that Pfizer abandoned two years into a $500 million build-out has changed hands for a fraction of that investment, landing...
SpringVue Townhomes Scaled Back From 91 to 36 Units in Bellevue’s BelRed District
Nearly three years after presenting a 91-unit vision for a sloped site near the Spring District light rail station, Taylor Development is asking...
Portland Committee Advances 3,000-Seat Broadway Venue at PSU, Backs Keller Auditorium Downsizing
A divided Portland City Council committee voted Tuesday to advance a $137.5 million plan for a new Broadway venue at Portland State University...
Seattle-Based Entity Sells $22.5MM Residential Portfolio in Buckley
A $22.5 million residential sale in Buckley is landing near the top of Pierce County’s pricing range, in a submarket where investment volume...
