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Cairn West Acquires 114-Unit Apartment Building on Bainbridge Island for $65.5MM

Seattle, WA — Newmark announces that it has completed the sale of BLIS Apartments, a 114-unit multifamily community located on Bainbridge Island, Washington....

Modulous, Seattle
AECIndustry NewsNews ReleasesResidential

Modulous Raises $11.5MM to Develop Tech that Enables Developers, Architects & Contractors to Build Net-Zero Modular Homes Without a Factory

Modulous announced today that it has raised £10m ($11.5m) of Series A funding, increasing its valuation despite the slide in global markets. “Building...

industrial site
AECCommercialFinanceIndustrialIndustry NewsNews Releases

CenterPoint Properties Purchases South Seattle Industrial Site for $75.85MM

Seattle, Wash. (September 12, 2022) – CenterPoint Properties has purchased a 19.5-acre industrial site in South Seattle for $75,850,000. This was the biggest...

AECIndustry NewsNews ReleasesResidential

Bellwether Housing & Mercy Housing Northwest Celebrate Opening of 254-Unit Cedar Crossing in Seattle

SEATTLE — Bellwether Housing and Mercy Housing Northwest will celebrate the opening of Cedar Crossing, their new 254-apartment affordable housing development at 6600...

Belltown, Seattle, Noya Hill Real Estate Development Company, Third Place Design Co-Operative, Seattle Department of Transportation
AECIndustry NewsResidential

400-Unit Residential Development in Seattle’s Belltown Neighborhood Asked to Return for Second DRG Meeting

By Jack Stubbs A proposed 400-unit development in Seattle’s Belltown neighborhood will not yet be advancing to the next stage in the City’s...

Sares Regis Multifamily Funds, Newport Beach, San Mateo, Sares Regis Multifamily Value Add Fund IV, Northern California, Southern California, Portland, Seattle, San Diego City Employees’ Retirement System
FinanceIndustry NewsNews ReleasesPortlandResidential

Sares Regis Multifamily Funds Exceeds Capital Raise Goal of $500MM, Looks to West Coast Markets

By Jon Peterson Sares Regis Multifamily Funds, with offices in Newport Beach and San Mateo, has set the West Coast among its targeted markets...

FeaturedIndustry NewsResidential

Report: Puget Sound Records Stable Occupancy, Rent Increases in Multifamily Market During Third Quarter

By Kate Snyder Across the Seattle and Puget Sound region, rental rates have maintained a consistent month-over-month growth that shows the area is...

Seattle, Rainier Valley, OZ Navigator, Neiman Taber Architects
AECIndustry NewsResidential

OZ Navigator’s 191-Unit Residential Project Makes its Way Through Seattle Design Review Process

By Catherine Sweeney A 191-unit apartment project proposed near Seattle’s Rainier Valley neighborhood is continuing to make its way through the City’s permitting...

AECIndustry NewsNews ReleasesResidential

Church in Seattle’s Greenwood Neighborhood to be Redeveloped as 75-Unit Workforce Apartments

Seattle, Wash. – The Woodland Park United Methodist Church (WPUMC) today announced plans to further its social mission and serve the Seattle community...

CommercialFinanceIndustry NewsNews Releases

Workspace Property Trust Buys Eight Million Square Feet Across 53 Suburban Office Buildings for $1.132B

Deal Valued at $1.132 Billion Together with Current Workspace Portfolio, New Platform Becomes the Preeminent National Suburban Office and Light Industrial Company in...

Urban Village, Seattle, Pioneer Square, RailSpur, Hotel Westland, Westland Building, Aparium
AECHospitalityIndustry News

Urban Villages’ 120-Room Hotel Westland Set to Open in Seattle’s Pioneer Square Neighborhood in 2023

By Catherine Sweeney After previously completing an office project at its RailSpur adaptive reuse project in Seattle, Denver-based development company Urban Villages is...

Carmel Partners, Neiman Taber, Seattle, Capitol Hill, East Design Review Board, Cal Anderson Park
AECIndustry NewsResidential

Carmel Partners’ Proposed 293-Unit Project Moves Forward During Seattle EDG Meeting

By Catherine Sweeney Carmel Partners is one step closer to developing a 293-unit apartment building in Seattle’s Capitol Hill neighborhood. During a recent...

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