Capitol Hill
Private Capital Tightens Grip on Washington Multifamily as Pierce County Heats Up
A Berkadia Q1 2026 report shows mid-market investors driving deal flow, institutional buyers retreating to scale plays, and a coming delivery cliff setting...
LIHI Plans 32-Unit Belmont Tiny House Village on Seattle’s Capitol Hill
The $1.1 million emergency shelter will occupy a cleared lot on Belmont Avenue while the Downtown Emergency Service Center advances plans for a...
Seattle to Unveil Denny Way Bus Lane Plan to Rescue Metro Route 8, Corridor’s Largest Employers
Mayor Katie Wilson’s administration is set to commit to dedicated transit infrastructure on one of the region’s most congested commercial arteries, a move...
Red Tail Acquisitions Buys 115-Unit Exeter House Apartments for $25MM in Seattle’s First Hill
The 1927 property traded at roughly $217,400 per unit, well below comparable recent multifamily sales across Seattle’s urban core. An entity affiliated with...
Puget Sound Apartment Market Hits $6 Billion in Transaction Volume as Institutional Investors Return to the Region
The Simon | Anderson Multifamily Team at Kidder Mathews delivered its spring market outlook at its 26th investor forum, citing a surge in...
Alliance Multifamily Sells Historic 34-Unit Roy Vue Apartments in Seattle’s Capitol Hill for $11.5MM
(Editor’s Note: According to King County public records, the seller was an entity affiliated with Alliance Multifamily, and the buyer was a Seattle-based...
91-Unit Alt Flats in Seattle’s Capitol Hill Listed for Sale as New-Construction Multifamily Asset
The 2024-built property at 421 Belmont Ave. E has reached 95 percent occupancy and features a diverse unit mix across nine floors in...
Tourmaline Capital Acquires 43,000 SQFT Harvard Market Shopping Center in Seattle for $14.2MM
The value-add acquisition of the 55 percent-leased retail center on Broadway closes at a 15 percent discount to the sellers’ 2007 purchase price...
Hearthstone and Redwood Housing Affiliate Acquires 60-Unit Elizabeth James House in Seattle for $13MM
The HUD-subsidized affordable housing building, restricted to elderly and disabled residents, trades at roughly $216,600 per unit as Seattle accelerates its affordable housing...
Dave’s Hot Chicken Targets 11 New Western Washington Locations as Billion-Dollar Brand Accelerates Puget Sound Growth
The Nashville-style hot chicken franchise, backed by Roark Capital, is seeking sites across the region from Bellingham to Olympia as its Capitol Hill...
Lou Development Plans 52-Unit Mixed-Use Project in Seattle’s Central District
Seattle officials grant conditional approval for redevelopment near Seattle University with 52 apartments, street-level commercial space and subgrade parking Urban infill development continues...
Hamilton Urban Partners Buys 52-Unit Crest Apartments in Seattle for $9.8MM
Capitol Hill property at 1718 Melrose Ave. trades below its $14.2 million June 2025 ask; seller tied to Metropolitan Management Company A period...
