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524-Unit Multifamily Garden Community in Bothell Sells for $145MM

Seattle, Wash. (October 24, 2016) – Griffis Residential, a Denver-based multifamily investment and management firm, has purchased Bridges at Northcreek, a 524-home multifamily...

Industry NewsNews Releases

Griffis Residential Acquires 524-Unit Residential Asset in Bothell for $145MM

(Editor’s Note: The sales price of the property was $145 million, or $276,718 per unit, and a cap rate of 4.7 percent.) October 18,...

kidder2
Industry NewsNews Releases

Seattle Development Site Sells for $19.25MM to Joint Venture, Vanke USA and Laconia Development

(Editor’s Note: According to public records, Vanke and Laconia purchased the parcel for nearly $15.4 million, which represnets 80 percent of the investmnet. This informaiton was confirmed...

Kidder Mathews, Washington, Oregon, West Coast
Industry NewsNews ReleasesPeople on the Move

Kidder Mathews Names Bill Frame President to Support Expansion and Remain Independent

Seattle, Wash. (October 18, 2016) Kidder Mathews Chairman and CEO, Jeff Lyon, announced that Bill Frame will become the firm’s President, responsible for...

CommercialFinanceResidential

Vancouver, B.C.-Based Condo Developer Bosa Acquires Property In Downtown Bellevue For $35MM

By Kristin Bentley Condo developer, Vancouver, B.C.-based Bosa Development, paid just a little over $35 million on Monday for a nearly 19,000 square-foot...

Industry NewsNews Releases

360-Home Multifamily Garden Community in Woodinville Sells for $98MM

Seattle, Wash. (October 17, 2016) – Acacia Capital Corporation, a property investment firm based out of San Mateo, California, has purchased Campbell Run,...

CommercialFinance

Kimco Realty Buys Mill Creek Retail Asset for $18.1MM

By Kristin Bentley N.Y.-based Kimco Realty Corp., a firm that owns and operates shopping centers across the country, announced on Tuesday that its...

Hilton
CommercialFinance

NYC-Based Westbrook Partners Purchases The Hilton Seattle For $60.3MM

By Kristin Bentley In yet another example of a healthy Puget Sound hotel market, Boston-based AEW Capital Management sold the The Hilton Seattle,...

CommercialIndustry News

Chicago-Based Bridge Development Partners Break Ground on New 241,000 SQ FT Cold Storage Facility In Burien

By Kristin Bentley Bridge Development Partners, LLC, a Chicago-based developer, broke ground Wednesday on the construction of its Northeast Redevelopment Area (NERA), in...

Altitude
CommercialResidential

San Francisco-Based Stanford Hotels Receives Approval On Downtown Seattle High-Rise Project

By Kristin Bentley The San Francisco-based hotel developer, Stanford Hotels, received an approval from the city’s design review board on Tuesday for its...

Industry NewsNews Releases

City Of Burien Sells 14 Acres In Historic Land Deal

Seattle, Wash. (August 18, 2016) – Bridge Development Partners, LLC, a Chicago-based industrial and office developer, has purchased 14 acres of land located...

Industry NewsNews Releases

Wallace Properties Acquires Park at Northgate in Seattle for $33MM

Bellevue, WA (August 8, 2016) – An investment group led by Wallace Properties has acquired Park at Northgate apartments for a purchase price...

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