Multifamily
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...
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...
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...
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’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...
