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FinanceIndustry NewsResidential

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’...

multifamily construction site
AECFeaturedIndustry NewsPortlandResidential

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...

Housing graphic
AECIndustry NewsResidential

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...

dollar graphic for economic articles
CommercialFeaturedFinanceIndustry NewsResidential

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...

airport photo with a plane pushing out
AECCommercialFinanceIndustry NewsResidential

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...

Low angle view of a modern style business building, with lots of windows on a sunny, cloudy day
FinanceIndustry NewsResidential

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 skyline at dusk
FinanceIndustry NewsResidential

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...

Planning and design for architects
AECFeaturedIndustry NewsResidential

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...

Seattle skyline from the waterfront
AECFinanceHospitalityIndustry NewsResidential

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...

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...

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