Multifamily
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...
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...
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...
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.
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...
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,...
Shovel-Ready, 128-Unit Tukwila West Hill Development Site Hits the Market in South King County
A fully permitted, 128-unit apartment development site in Tukwila has reached the market with construction drawings complete and permits ready for pickup, offering...
SRM Development Lands $48.5MM Refinance on 178-Unit Gridline Apartments in Seattle’s Capitol Hill
SRM Development has retired the construction debt on its leased-up Gridline Apartments in Capitol Hill, closing a $48.5 million permanent loan from a...
Clackamas County Breaks Ground on 200-Home Cottage-Cluster Rebuild of 1940s Clackamas Heights in Oregon City
The Housing Authority of Clackamas County has launched construction on a full redevelopment of its Depression-era Clackamas Heights site in Oregon City, replacing...
Rush Commercial, Dobler Management Open 128-Unit Fryar Flats in Downtown Sumner
Rush Commercial Construction and owner-operator Dobler Management Company have completed and opened Fryar Flats, a six-story, 176,185-square-foot mixed-use community in downtown Sumner that...
Madison Development Group Lands $60.8MM Fannie Mae Refi on 216-Unit Spruce in West Seattle
Issaquah-based Madison Development Group has secured $60.8 million in Fannie Mae refinancing for Spruce, the 216-unit West Seattle apartment and retail complex it...
105-Unit Alcove First Hill Micro-Apartments Hit the Market in Seattle
An entity affiliated with the managing partner of a Seattle social purpose corporation has put the 105-unit Alcove First Hill micro-apartment building on...
