Multifamily
Nuveen Sells 204-Unit Boulder Creek Apartments for $102MM in Sammamish
CBRE arranged the sale of Boulder Creek to Boston-based TARR Boulder Creek LLC at a per-unit price well above a comparable 2024 Sammamish...
Taylor Morrison Sells 424-Unit West End District in Beaverton for $85.25MM
Grand Peaks and PCCP pay $201,000 per unit for the 424-unit Beaverton community, a premium to Portland’s metro average as Taylor Morrison exits....
Prosper Portland Moves to Buy 30-Unit Concordia Apartments for $7.2MM
Portland’s economic development agency is preparing to become a landlord for the first time under a new strategy aimed at keeping newer, well-maintained...
Cordillera Homes Completes Concrete Structure at Kirkland’s Only New Condo Project, Central Peak
Cordillera Homes has completed the most complex structural pour of Central Peak Residences — a 650-cubic-yard, 10-hour transfer deck operation — clearing the...
Washington Commerce Opens Comment Period on Draft Transit-Oriented Development Guidebook
The state has published a draft guidebook intended to walk cities through a zoning mandate few of them asked for but all of...
Portland Sheds 26,800 Jobs as Apartment Absorption Collapses 76% to 2,150 Units
Seven straight quarters of job losses have drained renter demand out of the Portland apartment market, cutting net move-ins by more than three-quarters...
New Data Splits Washington in Two: Spokane’s Peer Group Is Boise, Not Seattle
A California investment manager has published a 21-year federal data model that treats Greater Seattle as a coastal primary market and counts Washington's...
PCP Plans 731 Units in Three Downtown Redmond Towers Near Light Rail
Cleveland-based PCP plans 731 apartments across three Redmond developments, starting with the 217-unit Rove near light rail.
Portland Apartment Pipeline Contracts to 1,953 Units as 2026 Completions Head for 56% Drop
Northmarq's latest research shows Portland's apartment development pipeline has fallen below 2,000 units after three years of contraction, and the firm expects that...
Oregon Joins a Faster-Growing Inland West on Paper, With Portland Weighing Down the Average
A new 21-year data model from a California investment manager takes Oregon in full as the fourth-largest component of a 47.3 million-person Inland...
Seattle’s Apartment Boom Skipped Families, With Only 14.5% of Rentals Offering Three or More Bedrooms
A Berkadia analysis of Seattle's rental stock finds the metro has spent its building cycle on studios and one-bedrooms, leaving renter families to...
1990s-Vintage Apartments Drive More Than a Third of Portland Sales as Median Price Slides 13% to $183,800 per Unit
Portland multifamily investors spent the first quarter rotating hard into 1990s-built product, much of it changing hands below what the same assets fetched...
