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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...

Kirkland, WA Waterfront Aerial Panoramic Lake Washington, Bellevue Skyline
AECCommercialFinanceIndustry NewsResidentialRetail

Kirkland’s Houghton Village Site Comes to Market for 145-Unit Mixed-Use Redevelopment

The City of Kirkland has hired CBRE to market its long-vacant Houghton Village property, a 2.2-acre Eastside parcel the city bought in 2022...

Seattle arial photo
CommercialFinanceHospitalityIndustry News

Steinhauer Properties Refinances 209,000 SQFT Office and 282-Room Hotel for $107MM in Seattle

Steinhauer Properties refinances its 255 South King Street office and Embassy Suites hotel complex in Seattle for $107 million.

Apartment buildings in Seattle with the Space Needle in the background
AECCommercialFinanceIndustry NewsResidential

Development Site in Seattle’s Belltown Hits Market with Options Ranging From 140 to 353 Units

A Belltown block occupied by three aging office buildings is testing whether entitlements alone can move a Seattle development site to sale, with...

View of Seattle skyline at night
AECIndustry NewsResidentialRetail

Timberlane Partners’ $84MM Redevelopment Plan Would Replace Ballard Goodwill With 300 Apartments in Seattle

A pre-application land use filing with the Seattle Department of Construction and Inspections signals that the longtime Ballard Goodwill store could soon give...

Housing graphic
AECIndustry NewsResidential

Olympia Clears 478-Unit West Bay Yards on Budd Inlet, Denying Environmental Appeal

West Bay Development Group cleared a critical hurdle for its long-planned waterfront redevelopment when Olympia's hearing examiner approved shoreline permits and rejected an...

View of Bremerton, WA with the Olympic Mountains in the background 
AECCommercialHospitalityIndustry NewsResidentialRetail

Circuit of the Northwest Pushes $360MM Bremerton Motorsports and Entertainment Campus Toward 2027 Groundbreaking

Circuit of the Northwest, the long-gestating motorsports project on Port of Bremerton land, has swelled into a $360 million entertainment campus and is...

Seattle skyline from the waterfront
AECFinanceHospitalityIndustry NewsResidential

Three-Parcel Belltown Development Site Hits the Market in Seattle With Zoning for a 400-Foot, 353-Unit Tower

A 0.45-acre assemblage of three parcels on Fifth Avenue in Seattle's Belltown neighborhood has been listed for sale with entitlement studies supporting everything...

Anacortes
AECHospitalityIndustry News

Port of Anacortes Seeks Hotel Developer to Anchor Cap Sante Marina Waterfront Redevelopment

The Port of Anacortes has launched a search for a hotel developer to build the first-ever waterfront lodging at Cap Sante Marina, the...

Seattle, Mortenson, Capitol Hill, RLB Crane Index, AIA/Deltek Architecture Billing Index
AECCommercialFeaturedIndustry NewsResidential

Puget Sound’s $50MM-Plus Building Pipeline Swells to Nearly 60 Projects, Led by Bellevue’s $2.6B Spring District

A new tally of the region's active construction shows nearly 60 projects each carrying price tags above $50 million, with public infrastructure, airport...

View of Bremerton, WA with the Olympic Mountains in the background 
AECIndustry NewsResidentialRetail

Sher, Skyglass Move 151-Unit Mixed-Use Tower Toward Permitting at 302 Pacific Avenue in Downtown Bremerton

Veteran retail-and-placemaking developer Ron Sher has paired with newcomer Skyglass Development to advance a seven-story, 151-apartment building steps from the Seattle ferry dock,...

Financial graphic with downward trending figures
CommercialFeaturedFinanceIndustry News

CMBS Distress Rate Jumps to 11.86% in May as Office Pain Deepens and April Dip Evaporates

A one-month improvement in April proved fleeting as CRED iQ's combined CMBS distress rate snapped back to 11.86 percent in May 2026, with...

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