Multifamily
North40 Capital Buys 15-Unit Narrows Townhomes in Tacoma for $7.3MM
Puyallup-based North40 Capital pays $7.3 million for the 15-unit Narrows Townhomes in Tacoma's West End, about $486,667 per unit.
University of Maryland Climate Database Puts Pacific Northwest Building Owners on Notice
A new University of Maryland database of 1,406 local climate and energy policies across 157 U.S. cities counts Seattle, Tacoma, Portland and Salem...
Tam Ridge Partners Buys 99-Unit The Boxer Apartments in Forest Grove for $14.7MM
San Francisco Investor Buys Renovated Forest Grove Apartments for About 19% Below the Portland Metro Average per Unit A San Francisco investor has...
Essex Property Trust Lands $275MM Bank of America-Led Term Loan to Retire Commercial Paper
Essex Property Trust has lined up $275 million of unsecured bank debt led by Bank of America to retire short-term commercial paper, trading...
Quarterra Plans 300-Unit Apartment Project at Former FOX 13 Site in Seattle’s South Lake Union
Seattle's most storied piece of Westlake Avenue real estate is headed toward a third act, as multifamily developer Quarterra moves to raze a...
Wells Fargo’s Higher Rate Floor Tests Northwest Housing as Data Centers and Power Drive Construction
Wells Fargo's September economic outlook points to a widening split in Pacific Northwest real estate: a data-center and power construction build-out gaining momentum...
Coombes Development’s 80-Unit StoneRow Apartment Building Opens for Leasing on Fremont’s Stone Way
Metrica- and Cone-Designed StoneRow Joins Growing Cluster of New Apartments Along Fremont's Stone Way A Fremont apartment project that its developer built without...
Puget Sound Apartment Developers Shelve Projects as Approved Pipeline Shrinks to 12,931 Units
Puget Sound apartment developers formally shelved a meaningful number of projects over the past year instead of extending permits, shrinking the region's approved...
GID Buys 524-Unit Griffis North Creek Apartments for $195MM in Bothell
The sale caps a ten-year hold for Griffis Residential and marks GID's third Puget Sound apartment acquisition since 2022. A 524-unit Snohomish County...
Millennium Northwest Clears Downtown Spokane Site for Potential Seven-Story Mixed-Use Project at Browne and Main
Spokane-based Millennium Northwest has begun demolishing four parcels it assembled at Browne Street and Main Avenue downtown, clearing the way for a potential...
32-Unit Edric Apartments in West Seattle Hits Market at $12.5MM
The 32-unit Edric Apartments in West Seattle has come to market at $12.5MM, priced well above the county's average per-unit sale.
Mayor Wilson’s $9.1B Seattle Budget Spares Employers a JumpStart Hike, Tightens the Screws on Apartment Fees
Mayor Katie B. Wilson's first proposed budget closes an inherited $175 million General Fund gap through spending cuts rather than a JumpStart payroll...
