Multifamily
Ethos Development and Meritus Property Group List 53-Unit Pine Street Townhomes in Tacoma After $1.1MM Renovation Program
A South Tacoma townhome community has come to market backed by three years of renovation data showing double-digit rent premiums, an unusually well-documented...
Verdant Development Acquires 438-Unit Oregon Apartment Portfolio for $83MM from Bender Equities
Verdant Development Inc. has purchased two well-occupied Oregon apartment communities totaling 438 units — the 257-unit Oak Vale in Corvallis and the 181-unit...
Swickard to Acquire 90% Stake in Portland’s 30-Story Park Avenue West
Auto dealership magnate Jeff Swickard is set to take a 90 percent stake in Park Avenue West, averting a foreclosure auction and marking...
Orix Lends $55MM to Refinance 200-Unit Swell Apartments in Seattle’s Yesler Terrace
A partnership of Mack Real Estate Group, Silverstein Properties and Cantor Fitzgerald has landed a $55 million loan from Japan's Orix to refinance...
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.
