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FinancePortlandResidential

BRIDGE Housing Wins AA Rating from S&P, Setting the High-Water Mark for Nonprofit Housing Developers

S&P Global Ratings lifted BRIDGE Housing Corp.'s issuer credit rating and the rating on its outstanding debt to AA from AA-, rewarding the...

uni rail in Seattle
FinanceIndustry NewsResidential

Coverse Capital Pays $17.5MM for 88-Unit 6700 Roosevelt Apartments Across From Seattle Light Rail Station

Coverse Capital paid $17.5MM, about $198,900 per unit, for the 88-unit 6700 Roosevelt across from Seattle’s Roosevelt light rail station.

View of Seattle from Space Needle
FinanceIndustry NewsResidential

Bellwether Housing Lists 85-Unit Olive Tower Across From Seattle Convention Center for $8.5MM

Bellwether Housing has put its 14-story Olive Tower on the block at $8.5 million, offering investors a rare shot at an 85-unit downtown...

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FinanceIndustry NewsPortlandResidential

Fields Holdings Lands $94.8MM Construction Loan for 13-Story Zev Corvallis Student Housing Tower Near Oregon State University

Fields Holdings secures a $94.8 million Affinius Capital construction loan for Zev Corvallis, a 13-story, 667-bed student housing tower near Oregon State.

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FinanceResidential

45-Unit Suncrest Apartments in Walla Walla Sells for $4.3MM in City’s Largest Deal of the Year

The 45-unit Suncrest Apartments in Walla Walla sells for $4.3MM, or $95,649 per unit, in the city's largest apartment sale of the year.

Vancouver Washington waterfront
AECIndustry NewsPortlandResidential

Hacienda CDC, YWCA Clark County Plan Up to 90 Affordable Homes and New Headquarters on Vancouver’s Main Street

Hacienda CDC and YWCA Clark County plan an 80- to 90-unit affordable housing campus with a new 30,000-square-foot YWCA facility on Vancouver's Main...

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FinanceIndustry NewsResidential

36-Unit Centerwood Apartments in White Center Listed for $8MM

The $8 million asking price pencils to a 5.83 percent cap rate, above both the Puget Sound region's and Seattle's own average multifamily...

Seattle skyline from Elliott Bay
AECIndustry NewsResidentialRetail

Simon Retires Northgate Station Name, Launches The District at Northgate With 234-Unit Everis Opening in Seattle

Simon Property Group is rebranding its 55-acre North Seattle redevelopment as The District at Northgate, pairing the new identity with the debut of...

Apartment building facade
FinanceResidential

Dan Dahl Sells 23-Unit Tamarack Apartments in Wenatchee for $3.25MM, Ending 19-Year Hold

A 23-unit garden-style apartment community a short walk from downtown Wenatchee drew a contract within 72 hours of hitting the market and traded...

money roll
AECFinanceIndustry NewsResidential

SRM Development Lands $72.5MM Bank OZK Construction Loan for 239-Unit Brizo Apartments in Downtown Bellevue

Spokane-based SRM Development has lined up $72.5 million in construction financing from Bank OZK to build Brizo, an eight-story, 239-unit market-rate apartment building...

High angle aerial view of Puget Sound, seen from downtown Seattle.
AECFeaturedIndustry NewsResidential

Seattle’s Security Properties Cuts Deal Underwriting to Minutes as Puget Sound Embraces AI

Seattle-based Security Properties has put a proprietary AI underwriting engine into its acquisition pipeline, and with Seattle, Everett and Bellevue piloting AI permit...

View of lake Sammamish and Issaquah from Poo Poo Point
FinanceIndustry NewsResidential

Investco Sells 99-Unit Saffron Mixed-Use Property in Sammamish for $56.5MM

Principal bought one of the Eastside’s rarely traded mixed-use properties, with apartment rents about $380 below the East King County average and no...

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