Multifamily
Bellevue Weighs 12th Revision to Spring District Plan, Converting North Blocks to 560 Units
Wright Runstad seeks to convert the Spring District's North Blocks from office to roughly 560 units of housing near Bellevue's light rail station.
Downtown Seattle Draws Nearly 3.8MM Visitors in August, Topping 2019 as Office Return Holds at 62%
Nearly 3.8 million unique visitors and 9.2 million total visits flowed into downtown Seattle in August, pushing tourism, hotel demand and residential occupancy...
Mercy Housing Northwest Plans 158 Affordable Units on Former ESCO Site in Portland
Mercy Housing Northwest’s two-phase filing for family-sized apartments on Northwest Portland’s former ESCO site tests whether the city’s years-long push to rezone industrial...
369-Unit Modera Bridle Trails Opens in Kirkland on Former TechCity Bowl Site
A Kirkland bowling alley that entertained Eastside families for nearly seven decades has given way to a 369-unit apartment community now welcoming its...
Construction Underway on Mercy Housing’s 233-Unit Affordable TOD in Kent
Built on a parcel Sound Transit sold at a $6.5 million discount to spur affordable development, Kent Multicultural Village pairs 233 housing units...
Fully Permitted 111-Unit Development Site Hits Market in Columbia City
As Seattle’s multifamily deliveries fell 53 percent year over year, a triangular Rainier Avenue South parcel entitled for 111 units and ground-floor retail...
Four-Home Shoreline TOD Assemblage Nears $11.5MM Sale, Setting Up Guardian Affordable Apartments Near 185th Station
A quartet of single-family owners along Third Avenue Northeast has bundled nearly two acres of midrise-zoned land steps from Shoreline's newest light-rail station...
Absher Breaks Ground on Bellwether Housing’s 53-Unit Affordable Brightwood in Seattle’s Greenwood
A vacant bus parking lot that Bellwether Housing acquired eight years ago from the Boys & Girls Clubs of King County is finally...
Ethos Development and Meritus Property Group List 53-Unit Pine Street Townhomes in Tacoma After $1.1MM Renovation Program
A South Tacoma townhome community has come to market backed by three years of renovation data showing double-digit rent premiums, an unusually well-documented...
Verdant Development Acquires 438-Unit Oregon Apartment Portfolio for $83MM from Bender Equities
Verdant Development Inc. has purchased two well-occupied Oregon apartment communities totaling 438 units — the 257-unit Oak Vale in Corvallis and the 181-unit...
Swickard to Acquire 90% Stake in Portland’s 30-Story Park Avenue West
Auto dealership magnate Jeff Swickard is set to take a 90 percent stake in Park Avenue West, averting a foreclosure auction and marking...
Orix Lends $55MM to Refinance 200-Unit Swell Apartments in Seattle’s Yesler Terrace
A partnership of Mack Real Estate Group, Silverstein Properties and Cantor Fitzgerald has landed a $55 million loan from Japan's Orix to refinance...
