Multifamily
Wallace Properties Files Design Review for 445-Unit East Phase of Bellevue North
The filing would replace a retail shopping center with two residential towers and ground-level commercial space near Bellevue’s downtown core. Wallace Properties has...
Timberlane Partners Acquires 91-Unit Vista Ridge in Issaquah for $37MM
Timberlane Partners has expanded its Eastside footprint with the $37 million purchase of Issaquah's 91-unit Vista Ridge apartments from Vancouver-based Belkorp Holdings, backing...
Goodman Real Estate Lists 374-Unit Icon and Addison Apartment Portfolio in Seattle’s International District
Goodman Real Estate has put two adjacent International District apartment buildings — the 120-unit Icon and the 254-unit Addison on Fourth, separated by...
MG Properties Pays $53MM for 164-Unit Woodcreek Apartments in Lynnwood
The acquisition marks MG Properties’ latest move in a Seattle-area buildout that has added roughly a dozen communities since 2015, following its $95.6...
Waterton Acquires 344-Unit Arrivé High-Rise in Seattle’s Belltown for $155MM
Waterton plans a light value-add renovation of Arrivé’s lobby, amenities and units, betting on Belltown’s walkable access to Amazon, Google and Apple even...
Downtown Seattle Sets Recovery Records as Office Vacancy Climbs Near 35%
The Downtown Seattle Association’s July data shows apartment occupancy, hotel demand and transit ridership all beating or matching pre-pandemic benchmarks, even as office...
Pillar Communities Sells 106-Unit Aperture on Fifth in Seattle’s South Lake Union for $32.3MM
The $32.3 million sale of the 12-year-old apartment building marks an exit for Phoenix-based Pillar Communities, which developed the property in 2014 and...
Goodman’s Approved 134-Unit Redmond Apartment Site Signals a Possible Childcare Pivot
A fully entitled apartment project a short walk from Redmond’s light rail station has sat unbuilt for years, and new signals suggest Goodman...
Lunara Opens Leasing With 146 Units Steps From Mercer Island’s New Light Rail Station
A 146-unit apartment building has opened for leasing in the heart of Mercer Island’s Town Center, arriving just months after Sound Transit’s long-delayed...
Port of Ridgefield’s 40-Acre Waterfront Redevelopment With Palindrome Meets Community Resistance
The Port of Ridgefield and developer Palindrome Properties Group are advancing a roughly 40-acre mixed-use district on remediated industrial land along Lake River,...
Portland Pilot Finds Multifamily Energy Reporting Takes Under 10 Hours
A year-long test run across five Portland apartment properties has undercut one of the loudest objections multifamily owners raised against the city’s push...
Seattle’s 506-Unit Multifamily Community Museum House Secures $250MM in Refinancing
Barings has stepped in with $250 million in permanent financing for Seattle’s newly completed Museum House, the twin-tower First Hill community built beside...
