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Bellevue skyline with mountains in the background
FeaturedIndustry NewsResidential

Bellevue Puts $25MM on the Table for Affordable Housing, Pairing Sales Tax Dollars With $11MM in One-Time Reserves

Bellevue’s Office of Housing is soliciting proposals from affordable housing developers and operators for up to $24.95 million in capital and operating funding,...

Construction figures on top of a mobile phone
AECFinanceIndustry NewsResidential

Merlone Geier Markets Fully Permitted 323-Unit Overlake East Development Site in Redmond

Seven years after paying $41 million for a Redmond shopping center, Merlone Geier Partners has taken a permit-ready, 323-unit residential project near the...

elephant car wash seattle
AECFinanceIndustry NewsResidential

Holland Partner Group, NASH Top Out 45-Story, 442-Unit Sloane Tower at Former Elephant Car Wash Site in Seattle

Holland Partner Group and North America Sekisui House have completed structural work on Sloane, a 45-story apartment tower rising on the triangular Denny...

Aerial View of Portland, Oregon at Dusk on a cloudy Day
AECFeaturedIndustry NewsPortlandResidential

Metro’s $652.8MM Housing Bond Delivers 5,379 Affordable Homes Across Portland Region, Blowing Past Original Target

Eight years after Portland-area voters approved a $652.8 million bond to confront a deepening housing crisis, Metro’s 2025 annual report shows the measure...

lab interior
AECCommercialFeaturedIndustry NewsLeasingLife ScienceResidential

Seattle Life Sciences Vacancy Spikes to 19% as Alexandria Converts Lab Site to Apartments and Astellas Exits Stem Cell Operation

Seattle’s life sciences vacancy rate surged 540 basis points year over year to 19 percent in the second quarter as new lab space...

garage interior
AECCommercialFinanceIndustry NewsResidential

Vanbarton Puts Full-Block Belltown Garage at 2600 Elliott in Seattle on the Market as HOP Upzone Opens Door to 245-Foot Tower

Vanbarton Group has listed the full-block parking garage it owns at 2600 Elliott Ave. in Belltown, betting that a newly approved Seattle height...

model houses
FeaturedIndustry NewsResidential

Harvard’s 2026 Housing Report Signals a Demand-Side Reckoning as Household Growth Slows and Sales Freeze at 30-Year Lows

Harvard’s Joint Center for Housing Studies warns that the housing market’s central problem is shifting from a supply-and-price shock to a broad weakening...

Seattle skyline from the waterfront
AECCommercialIndustry NewsResidential

Holland Partner Group Completes Seattle’s First Post-Pandemic Office Conversion, 44 Units at the Ivey on Boren in Denny Triangle

Holland Partner Group completes Seattle’s first post-pandemic office-to-apartment conversion, 44 units at the Ivey on Boren in Denny Triangle.

San Mateo, Essex Property Trust, BRE Properties
AECIndustry NewsPortlandResidentialRetail

High Street Residential Breaks Ground on 369-Unit Transit-Oriented Community at Beaverton’s Cedar Hills Shopping Center

A Trammell Crow Company-led joint venture has started construction on a 369-unit mixed-use apartment community that will replace most of the 1950s-era Cedar...

Seattle, Mortenson, Capitol Hill, RLB Crane Index, AIA/Deltek Architecture Billing Index
AECCommercialFeaturedIndustry NewsResidential

Puget Sound’s $50MM-Plus Building Pipeline Swells to Nearly 60 Projects, Led by Bellevue’s $2.6B Spring District

A new tally of the region’s active construction shows nearly 60 projects each carrying price tags above $50 million, with public infrastructure, airport...

Apartment buildings
FinanceIndustry NewsPortlandResidential

Dwight Capital Lands $39MM HUD Loan to Refinance Pahlisch’s 174-Unit Timberview Community in Oregon City

Pahlisch Commercial has replaced the construction-era bridge debt on its newly built Timberview Apartments and Townhomes outside Portland with permanent, federally backed financing,...

Apartment building facade
FinanceIndustry NewsPortlandResidential

Four-Property, 986-Unit Eugene Multifamily Portfolio Secures $128.23MM in Fannie Mae Refinancing

A 986-unit slate of four Eugene apartment communities reset its debt with $128.23 million in Fannie Mae financing, locking in terms just 25...

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PNW CRE Rising Stars

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