Multifamily
BentallGreenOak Buys 238-Unit Ballard Independent for $152MM in Seattle
BentallGreenOak’s $638,655-per-unit purchase of the newly built property from Holland Partner Group and NASH follows a similarly priced Mercer Island trade a week...
Nordic Partners Investments Buys 107-Unit Monticello Apartments for $14.4MM in Seattle’s First Hill
The 107-unit Monticello Apartments drew multiple competing offers in an off-market process before selling for $134,579 a unit, well below Seattle’s broader multifamily...
Greystar Takes Over Fully Entitled 219-Unit Belltown Apartment Project at 3000 Western in Seattle, Replacing Washington Holdings
Greystar has stepped into one of Belltown's most prominently sited apartment developments, going under contract for a fully entitled 219-unit project across from...
King County Housing Authority Announces Groundbreaking on 154-Unit Trailhead Apartments in Issaquah
Nearly a decade after the city first solicited proposals for the site, the King County Housing Authority has started construction on an eight-story...
Brokers Turn to Autonomous AI Agents to Automate Rent Comp Tracking
Commercial real estate brokers are increasingly handing rote market research to autonomous AI agents that assemble proprietary comp databases and monitor rival properties...
Pillar Communities Sells 120-Unit Pine+Minor Apartments in Seattle for $28.4MM
The sale of Pine+Minor marks the first ownership change at the Capitol Hill property since Portland developer Gerding Edlen sold the building roughly...
42-Unit Bellewood Townhomes to Replace 1978 Office Park in Bellevue
A Northwest Bellevue office park built in 1978 has cleared a major hurdle toward becoming 42 townhomes, with the city’s director issuing approval...
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...
