Bank of America
Essex Property Trust Lands $275MM Bank of America-Led Term Loan to Retire Commercial Paper
Essex Property Trust has lined up $275 million of unsecured bank debt led by Bank of America to retire short-term commercial paper, trading...
Seattle’s World Cup Spending Boost Outlasted Its Rivals, Bank of America Data Shows
Seattle stood apart among the 16 World Cup host cities as one of only two where small-business sales at hotels, bars and restaurants...
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.
Merrill Lynch Renews 35,000 SQFT at Portland’s PacWest Center
A marquee wealth-management tenant recommits to a landmark downtown tower as financial-services firms anchor the CBD's slow recovery. Merrill Lynch has renewed its...
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...
Da Li Development Proposes 115-Unit Apartment Tower at Seattle’s Roosevelt Station
A vacant bank branch near Roosevelt Station becomes Da Li's next bet, as unit counts shift from 100 to 120 to 115 en...
Essex Signals Seattle Apartment Market Poised to Close the Gap with the Bay Area
The West Coast multifamily giant points to dwindling supply, fresh office expansions and improving April leasing data as evidence Seattle's recovery is underway....
Blackstone’s $315B Real Estate Machine Pivots Hard to Data Centers as Traditional Portfolio Treads Water
The world's largest alternative asset manager is betting its real estate franchise on AI infrastructure while waiting for logistics and multifamily to rebound...
Charles Schwab to Close Downtown Portland Branch in June
The financial services firm is repositioning its Portland footprint, moving 20 employees out of Park Avenue West as the downtown core continues to...
Sculptor Capital Acquires 506-Room Portland Marriott Downtown Waterfront for $30MM in Distressed Sale
The landmark waterfront hotel at 1401 S.W. Naito Parkway traded at approximately $59,300 per room — a 64 percent discount from its $82.7...
Skanska Writes Down US Property Values by $63MM as Construction Business Thrives
Swedish construction giant posts 4.2 percent operating margin in Q3 as American operations face tougher comparisons to exceptional 2024 Skanska AB's US construction...
KKR Posts Record Quarter as Insurance and Credit Fuel Growth Machine
The investment giant raised $43 billion in its second-largest fundraising quarter ever, driven by its insurance business and expanding credit platform KKR &...
