Multifamily
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...
JB Matteson Sells 134-Unit Langara Apartment Community for $55.1MM in Issaquah
CBRE arranged the sale of 134-unit apartment and townhome community Langara, a 134-unit garden-style apartment and townhome community called Langara in Issaquah has...
Mayor Wilson Appoints Kelli Larsen as Director of Seattle Office of Housing
Mayor Katie B. Wilson has tapped a five-year veteran of the Seattle Office of Housing, Kelli Larsen, to run the agency and execute...
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...
Eastman Companies Buys 192-Unit Grove at Cheney in Spokane County from Harrison Street for $18MM
The Cheney sale is one piece of a larger, three-property transaction: JLL Capital Markets announced July 27 that it had arranged $39.44 million...
Portland Apartment Vacancy Tightens to 7.1% as Values Slide 13% and Cap Rates Widen to 6.4%
Portland’s apartment market has split in two: leasing fundamentals are quietly repairing themselves as demand outruns a collapsing supply pipeline, while the capital...
Lipoma Firs Townhomes Hits Market in Puyallup With Assumable 2.87% Loan on 56 Units
Berkadia has brought Lipoma Firs Townhomes, a 56-unit townhome community in Puyallup’s South Hill area, to market carrying an assumable loan priced well...
Toro Street Acquires 128-Unit Carriage Park in Vancouver for $29.4MM as Jackson Square Properties Exits Walnut Grove
Toro Street has paid $29.4 million for Carriage Park, a 128-unit garden-style community on Vancouver’s NE 72nd Avenue, closing out Jackson Square Properties’...
Portland’s Apartment Construction Pipeline Shrinks 36% to 4,215 Units as Deliveries Slow to 781
Developers delivered 781 apartments across the Portland metro in the second quarter and are carrying just 4,215 units in active construction, a pipeline...
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...
Wells Fargo Sees Rates Higher for Longer as AI Data Centers Anchor Commercial Construction
Wells Fargo's latest U.S. outlook warns that stubborn inflation and a more hawkish Federal Reserve will keep borrowing costs elevated into 2027, sustaining...
Two SeaTac Development Sites Listed for $7.6MM With 200-Unit Multifamily Potential Near the Airport
Kidder Mathews is marketing a pair of adjacent SeaTac parcels totaling roughly 1.3 acres that could support more than 200 residential units, positioning...
