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

Seattle Social Housing Developer Closes $60.9MM, 150-Unit Elara at the Market in Belltown Acquisition, With Second Deal on Deck

The Seattle Social Housing Developer has closed on its purchase of the 150-unit Elara at the Market in Belltown, converting first-year tax receipts...

planet-volumes-SaLr2VYgknw-unsplash-housing
AECCommercialIndustry NewsPortlandResidential

Oregon Land Board Revives Resident Appeal Threatening Shorenstein’s 12.87-Acre Kruse Way Office-to-Housing Rezone in Lake Oswego

A single Lake Oswego resident’s mail-routing dispute has kept alive a challenge to Shorenstein Properties’ plan to convert three Kruse Way office buildings...

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...

Skyline of Portland, Oregon
AECIndustry NewsPortlandResidential

Self Enhancement Inc. and Community Development Partners Open 75-Unit Strong Empowerment Village in North Portland’s Humboldt Neighborhood

The $44 million Luther Strong Jr. and Dr. Jackie Strong Empowerment Village opens June 23 at North Alberta Street and Williams Avenue, delivering...

planning and development
AECCommercialFeaturedIndustry NewsLeasingResidential

Bellevue Drafts Plans to Convert Eastgate and Factoria’s Aging Office and Retail Cores into Walkable Mixed-Use Districts

Bellevue has published draft neighborhood area plans for Eastgate and Factoria that would steer two of the Eastside’s most car-dependent commercial submarkets toward...

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

Cliff Avril’s C&A Development Lands $18.1MM for 67-Unit Affordable Project on Seattle’s Capitol Hill

C&A Development lands $18.1MM, including Amazon backing, for a 67-unit affordable apartment project on Seattle's Capitol Hill.

Seattle skyline from the waterfront
CommercialFinanceIndustry NewsLeasingResidential

Seattle’s Nitze-Stagen Abandons New Office Bets, Doubles Down on Multifamily as Downtown Vacancy Hits 35.1%

Nitze-Stagen & Co., the contrarian Seattle developer that built its name buying office property no one else wanted, has stopped chasing new office...

apartment building facade
FinanceIndustry NewsResidential

107-Unit University Place Multifamily Community Listed at $18MM with Below-Market Seller Financing

A 107-unit apartment community in University Place has come to market at $18 million, paired with below-market seller financing designed to hand a...

Skyline of Bellevue Washington
AECIndustry NewsResidential

American Capital Group Advances Redesigned Nine-Story, 222-Unit Apartment Plan on Bellevue’s Greenbaum Site Near Mercer Slough

American Capital Group has resubmitted a reworked apartment proposal for the Greenbaum Home Furnishings property in Bellevue’s Wilburton area, trading an earlier 248-unit...

groundbreaking
AECIndustry NewsResidential

HASCO Breaks Ground on $46.7MM, 124-Unit Leonard Crossing Affordable Housing Complex in Marysville

HASCO broke ground on Leonard Crossing, a $46.7MM, 124-unit affordable housing complex in fast-growing Marysville.

portland skyline with bridges
AECIndustry NewsPortlandResidential

Related Northwest and Centro Cultural Open 159-Unit Alder 9 Affordable Housing Community in Portland’s Central Eastside

Related Northwest and Centro Cultural have completed Alder 9, a 159-apartment affordable housing community in Portland’s Central Eastside that pairs deeply affordable rents...

groundbreaking
AECIndustry NewsResidential

Fourth Avenue Capital Breaks Ground on 72-Unit Badger Heights Apartments in Richland

Seattle-based Fourth Avenue Capital has started construction on Badger Heights, a 72-unit garden-style apartment community inside Richland’s 1,500-acre South Badger Mountain master plan,...

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