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Skyline of Bellevue Washington
AECFeaturedFinanceIndustry NewsResidential

Bellevue Advances Record $37MM Affordable Housing Investment Spanning 271 Units Across Four Projects

The City Council’s largest single funding round draws from both the Housing Stability Program and a newly tapped Affordable Housing Fund to accelerate...

Bellevue Washington Cityscape and Meydenbauer Bay Aerial View
AECFinanceIndustry NewsResidential

Amazon-Backed Altaire Project Advances as SRM Development Plans 146-Unit Affordable Housing Community Near Mercer Slough in Bellevue

Phase II of the two-building development at 991 118th Ave SE targets households earning as low as 30 percent of Area Median Income,...

Rendering of Prisma in Redmond
AECIndustry NewsResidential

Bellwether Housing Breaks Ground on 328-Unit Prisma Affordable Housing Project Adjacent to Light Rail in Redmond

The $168.7 million transit-oriented development on Sound Transit surplus land targets deeply affordable units in one of the region’s most expensive corridors Bellwether...

Skyline of Bellevue Washington
AECIndustry NewsResidential

Alliance Residential Plans to Transform Bellevue Medical Imaging Site with 278-Unit Apartment Development

Alliance Residential is planning to transform a longtime medical facility in Bellevue’s rapidly evolving Wilburton neighborhood into a substantial residential complex, marking another...

Bellevue Washington Cityscape and Meydenbauer Bay Aerial View
AECIndustry NewsResidential

BRIDGE Housing Breaking Ground This Week on Bellevue’s Largest Affordable Housing Community in the Heart of the Spring District

BRIDGE Housing, in partnership with public and private stakeholders, will celebrate the groundbreaking of a transformative affordable housing community in Bellevue’s Spring District...

alex-rosas-DYN_megHLB0-unsplash-west seattle
AECIndustry NewsResidential

Developer Bode Eyes 308-Unit Apartment Development in West Seattle

Seattle-based housing developer Bode is charting its next project with plans for a new eight-story residential multifamily building in West Seattle. The proposed...

felipe-galvan-Seattle
AECFeaturedIndustry NewsResidential

New Affordable Housing Development in Seattle: 160-Unit Beacon Pacific Village Opens Its Doors

On November 7, 2024, SCIDpda (Seattle Chinatown International District Preservation and Development Authority) will host a ribbon-cutting ceremony for Beacon Pacific Village, a...

Ceremonial ground breaking at 4001 South Willow Street in Seattle on Sunday, Oct. 20, 2024.
AECIndustry NewsNews ReleasesResidential

Nitze-Stagen Announces Construction Start on 195-Unit Trace 4001 in Seattle

Keeping Othello Affordable with 195 Attainably Priced Units 50%-80% AMI  Seattle, WA.  – October 22, 2024 – Nitze-Stagen, the lead developer for Trace 4001,...

643d74120cf2ac013c2cc453_Grata-at-Totem-Lake-2
AECIndustry NewsResidential

Together We Grow & Amazon Open 125-Unit Grata at Totem Lake in Kirkland

At a ribbon-cutting ceremony today, real estate developer TWG (Together We Grow) and Amazon will come together to celebrate the grand opening of...

SRM, The Mill at First Hill, Seattle, First Hill, Amazon Housing Equity Fund, Shelter America Group, Washington State Housing Finance Commission, Microsoft, King County, Bellevue, Institutional Property Advisors, Puget Sound
FinanceIndustry NewsNews ReleasesResidential

SRM Purchases 358-Unit Workforce Housing Community in Seattle’s First Hill for $84MM

Amazon’s Housing Equity Fund, Shelter America Group, Fannie Mae and the Washington State Housing Finance Commission Come Together to Execute Unique $84M Deal...

Low Income Housing Institute, Aventine Apartments, Bellevue, Sound Transit, Amazon Housing Equity Fund, ARCH, KeyBank, Greystar, Lucky 7 Foundation, Puget Sound
FinanceIndustry NewsNews ReleasesResidential

LIHI Purchases 68-Unit Aventine Apartments in Downtown Bellevue for $29.2MM

(Editor’s Note: According to a report from the Puget Sound Business Journal, the sales price was $29.2 million, or approximately $429,411 per unit.)...

AECIndustry NewsResidential

Great Expectations Looks to Transform Sagebrook into an Affordable Housing Hub In Bellevue

Seattle-based Great Expectations is embarking on an innovative endeavor, set to breathe new life into the vacated Sagebrook Senior Living Center in Bellevue....

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