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11 Articles
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AECIndustry NewsResidential

PCP Plans 731 Units in Three Downtown Redmond Towers Near Light Rail

Cleveland-based PCP plans 731 apartments across three Redmond developments, starting with the 217-unit Rove near light rail.

max-van-den-oetelaar-RORkqnp4ye4-unsplash-apartments
FinanceIndustry NewsResidential

23-Unit Yakima Apartment Community Listed at $3.1MM, 6.81% Cap Rate

Yakima 23’s $3.1 million listing lands as Eastern Washington apartment sales rebound and cap rates compress toward 6.2 percent, testing whether a smaller,...

apartment building facade
FinanceIndustry NewsPortlandResidentialRetail

Grand Peaks, PCCP Acquire 424-Unit West End District Apartments in Beaverton

Denver-based Grand Peaks has expanded its Pacific Northwest footprint with the purchase of a Beaverton apartment complex built on the bones of a...

Rendering of apartment building design
AECIndustry NewsResidential

Trammell Crow Cuts Bellevue Gateway One Apartment Plan to 279 Units, Nearly Doubles Affordable Housing

A year after first floating a 321-unit apartment tower atop a Bellevue office campus, Trammell Crow Residential has filed formal land use applications...

Bainbridge Island Harbor Panoramic View Winslow Washington Beautiful Sunny Day Landscape
FinanceIndustry NewsResidentialRetail

71-Unit Mixed-Use Camelia on Bainbridge Trades for $26.83MM to Local Investment Firm

An international seller handed off Camelia on Bainbridge, a 71-unit apartment and retail property in the heart of Winslow, to a local multifamily...

Skyline of Portland, Oregon
FinanceIndustry NewsPortlandResidential

FPA Multifamily Buys 352-Unit Cyan PDX in Downtown Portland for $61MM

A trophy downtown Portland high-rise has changed hands at a steep discount to its last sale, a repricing that lines up with a...

Aerial Photos of Mercer Island, Washington USA with background shots of Mt. Rainier and the downtown Seattle, WA skyline
AECIndustry NewsLeasingResidential

Lunara Opens Leasing With 146 Units Steps From Mercer Island’s New Light Rail Station

A 146-unit apartment building has opened for leasing in the heart of Mercer Island’s Town Center, arriving just months after Sound Transit’s long-delayed...

apartment building facade
FinanceIndustry NewsResidential

BentallGreenOak Buys 454-Unit The Ayer Tower for $353MM in Seattle’s Denny Triangle

The Ayer trade brings BentallGreenOak’s Seattle multifamily spending to $505 million in a single week, all sourced from the same Holland Partner Group...

View of Seattle skyline at night
FinanceIndustry NewsResidential

BentallGreenOak Buys 238-Unit Ballard Independent for $152MM in Seattle

BentallGreenOak’s $638,655-per-unit purchase of the newly built property from Holland Partner Group and NASH follows a similarly priced Mercer Island trade a week...

Seattle skyline at dusk
FinanceIndustry NewsResidential

Nordic Partners Investments Buys 107-Unit Monticello Apartments for $14.4MM in Seattle’s First Hill

The 107-unit Monticello Apartments drew multiple competing offers in an off-market process before selling for $134,579 a unit, well below Seattle’s broader multifamily...

Apartment building facade
FinanceIndustry NewsResidential

JB Matteson Sells 134-Unit Langara Apartment Community for $55.1MM in Issaquah

CBRE arranged the sale of 134-unit apartment and townhome community Langara, a 134-unit garden-style apartment and townhome community called Langara in Issaquah has...

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