Multifamily
Essex Property Trust Settles RealPage Rent-Algorithm Antitrust Case for $36.5MM
Essex Property Trust used its second-quarter earnings report to disclose it had fully resolved the closely watched antitrust claims tied to RealPage’s rent-setting...
Innovative Housing Opens 117-Home Garden Park Estates in Southeast Portland, Adding 54 Affordable Homes to Powellhurst-Gilbert
Innovative Housing, Inc. is set to celebrate the grand opening of Garden Park Estates, a $55.9 million redevelopment that replaced 62 aging apartments...
Wright Runstad Sharpens 555-Unit Housing Plan at Bellevue’s Spring District With Clark Barnes Design
Wright Runstad has brought architect Clark Barnes onto its plan to build 555 market-rate apartments on parcels at Bellevue’s Spring District that were...
Rising Costs Squeeze Essex’s Seattle Apartment Income Even as Q2 Revenue Climbs 1.7%
Essex Property Trust’s Seattle-area apartments posted higher revenue but lower profit in the second quarter of 2026, as a double-digit jump in operating...
Fairfield Residential Files Plans for 210-Unit Apartment Redevelopment on Bellevue’s Northup Way
Fairfield Residential has moved to redevelop a low-slung, family-owned parcel near State Route 520 in Bellevue into 210 apartments, adding to a wave...
Development Site in Seattle’s Belltown Hits Market with Options Ranging From 140 to 353 Units
A Belltown block occupied by three aging office buildings is testing whether entitlements alone can move a Seattle development site to sale, with...
JB Matteson Sells 134-Unit Langara Apartment Community for $55.1MM in Issaquah
CBRE arranged the sale of 134-unit apartment and townhome community Langara, a 134-unit garden-style apartment and townhome community called Langara in Issaquah has...
Mayor Wilson Appoints Kelli Larsen as Director of Seattle Office of Housing
Mayor Katie B. Wilson has tapped a five-year veteran of the Seattle Office of Housing, Kelli Larsen, to run the agency and execute...
Timberlane Partners’ $84MM Redevelopment Plan Would Replace Ballard Goodwill With 300 Apartments in Seattle
A pre-application land use filing with the Seattle Department of Construction and Inspections signals that the longtime Ballard Goodwill store could soon give...
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...
