KeyBank
BRIDGE Housing Surpasses $92MM at First Close of Impact Fund I to Preserve West Coast Affordable Housing
The nonprofit developer’s inaugural equity fund draws six institutional investors and positions BRIDGE to acquire approximately 3,500 units across California, Oregon, and Washington....
LIHI’s $50MM Senior Housing Project Tops Out in North Seattle, Adding 90 Affordable Units to Bitter Lake
The seven-story Passive House development at 12245 Aurora Ave. N. marks the first phase of a two-phase affordable housing plan on the former...
Seattle Church Partnership Breaks Ground on 92-Unit Affordable Housing Development
Mixed-use project marks first use of city’s density bonus program for religious institution land New Hope Community Development Institute and the Low Income...
New Hope Community Development Institute’s 92-Unit Housing Project Breaks Ground in Seattle’s Central District
Church-owned 71,000-square-foot, $54 million project will bring income-restricted units to the neighborhood Seattle’s Central District, long a focal point of debates around affordability...
BRIDGE Housing Launches $1B Private Equity Fund for West Coast Affordable Housing
SAN FRANCISCO – BRIDGE Housing, the leading nonprofit affordable housing owner and developer on the West Coast, has launched its first private equity fund...
29,900 SQFT Retail Complex in Poulsbo Hits the Market for $7.2MM
Liberty Center, a three-building retail complex in Poulsbo, has been listed for sale at $7.2 million, or about $240 per square foot. The...
BRIDGE Housing Raises $71.5MM in Bond Offering to Finance 224-Unit Affordable Housing Community in Portland
The oversubscribed offering was underwritten by KeyBanc Capital Markets and marks the first time a nonprofit housing developer has tapped capital markets to...
LIHI Purchases 68-Unit Aventine Apartments in Downtown Bellevue for $29.2MM
(Editor’s Note: According to a report from the Puget Sound Business Journal, the sales price was $29.2 million, or approximately $429,411 per unit.)...
Seattle’s Historic KeyBank Building May Get a New Lease on Life
In a cityscape characterized by its dynamic blend of history and innovation, the transformation of a former KeyBank building at 815 Second Ave....
Low Income Housing Institute Celebrates Groundbreaking for 148-Unit Mixed-Use Project in Seattle
148 workforce housing apartments and early learning center Seattle, WA – The Low Income Housing Institute (LIHI) is pleased to announce the groundbreaking...
EJF Capital & Holland Partner Group JV Spends $62.5MM for Two Vancouver, WA Properties
EJF Capital LLC (“EJF”) and Holland Partner Group (“HPG”) today announced that they have formed a joint venture to acquire and operate two...
CREW Study Indicates Diversity and Business Success Are Linked
By Meghan Hall A new white paper recently released by the Commercial Real Estate Women’s (CREW) Network, a leading producer of research on...
