Multifamily
Eastman Companies Buys 192-Unit Grove at Cheney in Spokane County from Harrison Street for $18MM
The Cheney sale is one piece of a larger, three-property transaction: JLL Capital Markets announced July 27 that it had arranged $39.44 million...
Portland Apartment Vacancy Tightens to 7.1% as Values Slide 13% and Cap Rates Widen to 6.4%
Portland’s apartment market has split in two: leasing fundamentals are quietly repairing themselves as demand outruns a collapsing supply pipeline, while the capital...
Lipoma Firs Townhomes Hits Market in Puyallup With Assumable 2.87% Loan on 56 Units
Berkadia has brought Lipoma Firs Townhomes, a 56-unit townhome community in Puyallup’s South Hill area, to market carrying an assumable loan priced well...
Toro Street Acquires 128-Unit Carriage Park in Vancouver for $29.4MM as Jackson Square Properties Exits Walnut Grove
Toro Street has paid $29.4 million for Carriage Park, a 128-unit garden-style community on Vancouver’s NE 72nd Avenue, closing out Jackson Square Properties’...
Portland’s Apartment Construction Pipeline Shrinks 36% to 4,215 Units as Deliveries Slow to 781
Developers delivered 781 apartments across the Portland metro in the second quarter and are carrying just 4,215 units in active construction, a pipeline...
Olympia Clears 478-Unit West Bay Yards on Budd Inlet, Denying Environmental Appeal
West Bay Development Group cleared a critical hurdle for its long-planned waterfront redevelopment when Olympia’s hearing examiner approved shoreline permits and rejected an...
Wells Fargo Sees Rates Higher for Longer as AI Data Centers Anchor Commercial Construction
Wells Fargo's latest U.S. outlook warns that stubborn inflation and a more hawkish Federal Reserve will keep borrowing costs elevated into 2027, sustaining...
Two SeaTac Development Sites Listed for $7.6MM With 200-Unit Multifamily Potential Near the Airport
Kidder Mathews is marketing a pair of adjacent SeaTac parcels totaling roughly 1.3 acres that could support more than 200 residential units, positioning...
Graystoke Capital Doubles Down on Central Washington with $31MM Buy of 103-Unit Sutton Place in East Wenatchee
Graystoke Capital Partners has acquired the 103-unit Sutton Place Apartments in East Wenatchee for $31 million, deepening the Mountain West investor’s push into...
Seattle Office of Housing Opens $110MM NOFA for Affordable Rental Housing Development
A $110 million NOFA opens Seattle’s second annual levy-funded round under Mayor Wilson, smaller than last year’s record but paired with a second...
Seattle Shelves 80% MHA Fee Cut as Builders Say 30 Stalled Projects and 6,000 Homes Hang in the Balance
A nonprofit coalition’s abrupt reversal killed the summer timeline for Seattle’s proposed two-year Mandatory Housing Affordability fee reduction, stranding a compromise that market-rate...
Three-Parcel Belltown Development Site Hits the Market in Seattle With Zoning for a 400-Foot, 353-Unit Tower
A 0.45-acre assemblage of three parcels on Fifth Avenue in Seattle’s Belltown neighborhood has been listed for sale with entitlement studies supporting everything...
