Multifamily
West Edge Opens First Phase of $229MM, 516-Unit Cedarside Commons in Stanwood After 25-Year Wait
Arlington-based West Edge Development is set to welcome the first residents to Cedarside Commons in late October, launching a 516-unit, $229 million mixed-use...
Harvest Woodinville Quietly Opens 100,000 SQFT The Yard After Two Decades of Delays
Wine tasting rooms, a steakhouse and local boutiques have started opening at The Yard, the long-delayed centerpiece of the $600 million Harvest development,...
Construction Ongoing for Edge Developers’ 70-Unit Affordable Project for El Centro de la Raza on Seattle’s Beacon Hill
The seven-story building next to the Beacon Hill light rail station will add studios through four-bedroom apartments for households earning 30 to 60...
High Street Residential’s 244-Unit The Ryder Nears Opening Next to Seattle’s Roosevelt Station
The 244-unit transit-oriented building half a block from Roosevelt Station arrives as Seattle's new apartment deliveries fall by more than half. High Street...
Newly Built Nathan and Marx Apartments in Spokane Valley Sell for $18.25MM
Two apartment buildings completed in Spokane Valley during the region's recent construction wave have traded together for more than $18 million, a price...
Pine Forest Properties Sells 30-Unit Heights at Meydenbauer Apartments in Bellevue for $15MM
Redmond Buyer Pays $500,000 per Unit for Bellevue Apartments Near Old Bellevue and Meydenbauer Bay A Bellevue-based firm has sold a small apartment...
106-Unit Adams Square Apartments in Spokane Valley Trades for $13.4MM
A 1970s-era apartment complex in Spokane Valley has changed hands for more than $13 million, a price well below what newer product commands...
125-Unit Chambers Reserve Build-to-Rent Townhome Community in Lacey Sells for $53MM
The newly built Lacey community of three- and four-bedroom townhomes sold for about $424,000 per unit, roughly 53 percent above the Puget Sound...
RISE Properties Trust Affiliate Sells 366-Unit The Groves in Kent to FPA Multifamily for $72MM
San Francisco-based FPA Multifamily picked up the 1980-built complex for about $196,700 per unit, in line with recent South King County sales and...
Washington Wage Floor Hits $17.73 in 2027 as Seattle Climbs to $22.14, Raising the Bill for Retail and Hospitality Tenants
Washington's statewide wage floor climbs to $17.73 an hour on Jan. 1, while Seattle moves to $22.14 and a sharply higher overtime-exempt salary...
Entitled Belltown Tower Site in Seattle Hits Market for $6.65MM With Upzone Path to 195 Units
The 2407 1st Ave. site already has its permits for a 166-unit mixed-use tower, is listed at about 24 percent below its last...
Trepp: Seattle Office Slips, but Seattle Apartments and Portland Self-Storage Rank Among West’s Safest
Trepp analysts told a national webinar audience that Seattle's office market is weakening at the margins, even as the metro's multifamily loans and...
