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Australian Retirement Trust

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Bellevue skyline with the marine in the forefront
CommercialFinanceIndustry News

Anatomy of a Default: How a $229MM Bellevue Office Loan Went From 3.40x Coverage to Foreclosure

A single-tenant office loan that looked untouchable at origination has become one of the Puget Sound’s clearest tests of how far trophy values...

Skyline of Bellevue Washington
CommercialFinanceIndustry NewsLeasing

Schnitzer West Moves to Reacquire 750,000 SQFT Bravern Office Complex in Bellevue After Microsoft Exit and QSuper Default

Schnitzer West is buying back the two-tower Bravern Office Commons it built and sold more than a decade ago, stepping in to reposition...

Skyline of Bellevue Washington
CommercialFeaturedFinanceIndustry NewsLeasing

Eastdil Tapped to Market 750,000 SQFT Bravern Towers in Bellevue After QSuper Default

A King County court has greenlit the sale of the trophy Eastside office complex, with bidders already circling a property whose value has...

Skyline of Bellevue Washington
CommercialFinanceIndustry News

Australian Retirement Trust to Write off $300MM Loss on Bravern Complex in Bellevue

Microsoft’s departure from suburban complex highlights ongoing risks in commercial real estate Australian Retirement Trust is walking away from a Seattle-area office complex...

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