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FinanceIndustry NewsPortlandResidential

Fourth Avenue Capital Buys 87-Unit Steppe Apartments in Bend for $20MM

CBRE brokered the sale of a brand-new, 87-unit apartment community in Bend, Oregon at a per-unit price below what a similar Bend property...

Rendering of apartment building design
AECIndustry NewsResidential

279-Unit Apartment Project Proposal Seeks Approval in Bellevue

A request to build 13 feet above Bellevue’s 70-foot height limit would let the SE 8th Street project reach 279 units, with roughly...

Aerial View of Portland, Oregon at Dusk on a cloudy Day
FinanceIndustry NewsPortlandResidential

Trinity Property Consultants Buys 46-Unit Brooklyn Yard Apartments in Portland for $6.3MM

The deal pencils to roughly $136,400 per unit, well below both of the two most-cited averages for the Portland apartment market, extending a...

Low angle view of a modern style business building, with lots of windows on a sunny, cloudy day
AECIndustry NewsResidential

BIG Management Delivers 24-Unit Big 1410 Apartments on Seattle’s Capitol Hill

Developer BIG Management and architect Public47 have replaced an 11-unit Capitol Hill building with a 24-unit apartment project designed around open-air light courts...

Skyline of Bellevue Washington
AECIndustry NewsResidential

Wallace Properties Files Design Review for 445-Unit East Phase of Bellevue North

The filing would replace a retail shopping center with two residential towers and ground-level commercial space near Bellevue's downtown core. Wallace Properties has...

brandon-griggs-wR11KBaB86U-unsplash1
FinanceIndustry NewsResidential

MG Properties Pays $53MM for 164-Unit Woodcreek Apartments in Lynnwood

The acquisition marks MG Properties' latest move in a Seattle-area buildout that has added roughly a dozen communities since 2015, following its $95.6...

Apartment building facade
FinanceIndustry NewsResidential

Pillar Communities Sells 106-Unit Aperture on Fifth in Seattle’s South Lake Union for $32.3MM

The $32.3 million sale of the 12-year-old apartment building marks an exit for Phoenix-based Pillar Communities, which developed the property in 2014 and...

hard hats
AECFeaturedIndustry NewsResidentialRetail

Lynnwood Public Facilities District Issues RFQ for General Contractor on Event Center Redevelopment

Lynnwood Public Facilities District has opened bidding for a general contractor to build the public portion of its Event Center redevelopment, with qualifications...

Rendering of apartment building design
AECIndustry NewsResidential

Shilshole Development Breaks Ground on 70-Unit Trestle Flats Near U Village

Construction has begun on Trestle Flats, Shilshole Development's 70-unit apartment project on a long triangular lot near University Village, bringing street-level medical and...

Apartment building facade
AECIndustry NewsResidential

Intracorp Homes Scales Back Edgewood Town Center Apartments to 336 Units

A site once marketed at $25 million for a 578-unit tower has resurfaced with barely more than half that density, as Intracorp Homes...

Facade of an apartment building
FinanceIndustry NewsResidentialRetail

50-Unit Town Centre Village Apartments Trades for $9.1MM in Lakewood

TCV Lakewood LLC's $182,000-per-unit purchase of the 50-unit Town Centre Village Apartments marks one of the pricier Pierce County multifamily trades of the...

Bothell Mill Creek, Washington Suburbs Forest Aerial
AECIndustry NewsResidential

American Capital Group Wins Preliminary Approval for 322-Unit Bothell Apartments

A hot dog stand and an underused shopping center parking lot in Bothell's North Creek district are giving way to an eight-story apartment...

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