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FinanceIndustry NewsPortlandResidential

Builders and Funds Sell $320MM of Portland Apartments in Q3 as Per-Unit Prices Rise 11.9% Despite Higher Cap Rates

Five Portland-area apartment communities totaling 1,302 units traded for nearly $320 million in the third quarter, as builders and institutional funds sold to...

apartment building
FinanceIndustry NewsPortlandResidential

MG Properties Acquires 188-Unit Tupelo Alley From Holland Partner Group for $57.2MM in North Portland

Priced 54 percent above the metro's average per-unit sale, the deal shows a national buyer paying a steep premium for walkable inner-Portland product...

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FinanceIndustry NewsPortlandResidential

BentallGreenOak Buys 301-Unit Savanna at Reed’s Crossing for $160MM in Hillsboro

The $531,561-per-unit price BentallGreenOak paid for a Hillsboro apartment community delivered last year runs roughly triple what suburban Portland-area apartments have been fetching,...

Fremont Cut, Lake Union Ballard Locks, Salmon Bay, Olympic Mountains
AECIndustry NewsResidential

Holland Partner Group, Tokyo Tatemono Break Ground on 185-Unit Fremont Apartment Project in Seattle

Demolition, grading and shoring are underway at the century-old North 36th Street retail strip Holland Partner Group and Tokyo Tatemono bought for $18.5...

Seattle skyline from Lake Union
AECIndustry NewsResidential

Seattle’s 201 Queen Anne Office-to-Apartment Conversion Nears Completion

Seattle's push to turn empty office towers into apartments is about to produce a tangible result, with a Queen Anne building set to...

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AECIndustry NewsResidential

Concord Pacific’s $371MM, 1,131-Unit Seattle House Nears Fall Opening as Seattle’s Largest Apartment Project

Concord Pacific and HB Management are preparing to open the two-tower, 1,131-unit Seattle House in the Denny Triangle this fall, capping a six-year...

apartment building facade
FinanceIndustry NewsResidential

BentallGreenOak Buys 454-Unit The Ayer Tower for $353MM in Seattle’s Denny Triangle

The Ayer trade brings BentallGreenOak's Seattle multifamily spending to $505 million in a single week, all sourced from the same Holland Partner Group...

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FinanceIndustry NewsResidential

BentallGreenOak Buys 238-Unit Ballard Independent for $152MM in Seattle

BentallGreenOak's $638,655-per-unit purchase of the newly built property from Holland Partner Group and NASH follows a similarly priced Mercer Island trade a week...

elephant car wash seattle
AECFinanceIndustry NewsResidential

Holland Partner Group, NASH Top Out 45-Story, 442-Unit Sloane Tower at Former Elephant Car Wash Site in Seattle

Holland Partner Group and North America Sekisui House have completed structural work on Sloane, a 45-story apartment tower rising on the triangular Denny...

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AECCommercialIndustry NewsResidential

Henbart to Convert 22,000 SQFT of Former Office Space at The Commons at Ballard in Seattle into 23 Apartments

When Gravity Payments left and Bartell Drugs went dark below, Henbart finally had the opening — and the city's incentives — to do...

Seattle skyline from the waterfront
AECCommercialIndustry NewsResidential

Holland Partner Group Completes Seattle’s First Post-Pandemic Office Conversion, 44 Units at the Ivey on Boren in Denny Triangle

Holland Partner Group completes Seattle’s first post-pandemic office-to-apartment conversion, 44 units at the Ivey on Boren in Denny Triangle.

Fremont Cut, Lake Union Ballard Locks, Salmon Bay, Olympic Mountains
AECIndustry NewsResidential

Timberlane Partners Files Permits for 133-Unit, Seven-Story Apartment Project on Fremont’s Stone Way Corridor

Timberlane Partners has moved its long-planned Fremont redevelopment off the drawing board, filing demolition and construction permits to clear three century-old rental buildings...

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