Greystar
Alexandria’s Seattle Pivot Holds as Q3 Write-Downs Hit Palo Alto, San Carlos and Austin Instead
Alexandria Real Estate Equities' third-quarter results show its Seattle strategy of converting surplus lab sites to housing and courting advanced technology tenants still...
Seattle Lab Pipeline Goes Dark With Zero Construction, Leaving 1.8MM SQFT to Absorb
Seattle has no life science space under construction, and San Diego has joined it at zero while the Bay Area’s pipeline shrank to...
Blackstone’s 432-Unit Ascent and Marlowe in Seattle’s South Lake Union Caught Up as $518MM Portfolio Loan Hits Special Servicing
Ascent South Lake Union and Marlowe, the 432-unit pair Blackstone bought for about $302.8 million in 2021, are now two of the last...
Alliance Residential, Carlyle Deliver 280-Unit Broadstone Walnut Grove, Portland Market’s Largest Q3 Completion, in Vancouver
The three-story community at 6712 NE 88th St. extends a multi-market Alliance Residential and Carlyle Group partnership into Clark County just as new...
Greystar Opens 289-Unit The Views at Angle Lake Next to SeaTac Light Rail Station
Greystar has opened its 289-unit apartment complex across from the Angle Lake light rail station, finishing on roughly the schedule it set at...
Alexandria Stretches $5B Credit Line to 2032 as Seattle Lab Sites Pivot to Housing and Tech
Alexandria Real Estate Equities extended its $5 billion revolving credit facility to 2032 at a lower spread, a refinancing that buys runway for...
Taylor Morrison Sells 424-Unit West End District in Beaverton for $85.25MM
Grand Peaks and PCCP pay $201,000 per unit for the 424-unit Beaverton community, a premium to Portland's metro average as Taylor Morrison exits....
Student Housing Is Now an Institutional Asset Class, and Seattle’s U District Is the Northwest’s Proving Ground
Blackstone, KKR and Greystar have made purpose-built student housing a core institutional holding, and the high-rise wave around the University of Washington, unleashed...
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...
Greystar Takes Over Fully Entitled 219-Unit Belltown Apartment Project at 3000 Western in Seattle, Replacing Washington Holdings
Greystar has stepped into one of Belltown's most prominently sited apartment developments, going under contract for a fully entitled 219-unit project across from...
Toro Street Acquires 128-Unit Carriage Park in Vancouver for $29.4MM as Jackson Square Properties Exits Walnut Grove
Toro Street has paid $29.4 million for Carriage Park, a 128-unit garden-style community on Vancouver's NE 72nd Avenue, closing out Jackson Square Properties'...
Four-Property, 986-Unit Eugene Multifamily Portfolio Secures $128.23MM in Fannie Mae Refinancing
A 986-unit slate of four Eugene apartment communities reset its debt with $128.23 million in Fannie Mae financing, locking in terms just 25...
