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AECCommercialFeaturedFinanceIndustry NewsNews ReleasesResidential

Seattle Adopts Sales Tax Exemption to Encourage Office-to-Residential Conversions

Seattle – Today, Mayor Bruce Harrell and Councilmember Mark Solomon celebrated the adoption of new legislation that will create a tax exemption for the conversion of...

felipe-galvan-Seattle
CommercialFinanceIndustry NewsNews ReleasesResidential

Report: Commercial, Multifamily Borrowing Declines 53 Percent Year-Over-Year in the Second Quarter

WASHINGTON, D.C. (August 15, 2023) — Commercial and multifamily mortgage loan originations were 53 percent lower in the second quarter of 2023 compared...

Pathfinder Partners, East of Eleven Apartments, Portland, Buckman
FinanceIndustry NewsNews ReleasesPortlandResidential

Pathfinder Partners Spends $22.3MM on East of Eleven Apartments in Portland

Desirable Portland, OR location offers amenities and opportunities as the market recovers post-pandemic SAN DIEGO–Pathfinder Partners (“Pathfinder”), a San Diego-based private equity firm...

AvalonBay, Bothell, King County
FinanceResidential

AvalonBay Communities Buys Property in Bothell for $13MM

Arlington, VA-based equity REIT AvalonBay Communities just closed on the purchase of three parcels of land in Bothell for $13 million. AvalonBay acquired...

Lake City, North Seattle, Kidder Mathews
CommercialFinanceResidential

Development Site Up For Grabs in Seattle’s Lake City

By Brittan Jenkins For $2.5 million or $92.31 per square foot of land, Kidder Mathews is looking for an interested developer to build...

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