Tri-Cities
32-Unit The Lime Apartment Complex Trades in Richland for $5.375MM
The 32-unit midcentury apartment complex traded at approximately $168,000 per unit, wrapping up the brokerage team’s multi-asset seller assignment in a Tri-Cities market...
Vintage Stock Dominates Eastern Washington’s March Apartment Trades as $7.4MM Changes Hands
Three multifamily transactions closed across Kennewick and Spokane in March, pricing between $91,250 and $120,000 per unit and setting the stage for a...
Trumark Homes Enters Pacific Northwest Market with Acquisition of Homebuilder JK Monarch
– Homebuilder’s strategic growth continues notable Western expansion with new Washington Division – Trumark will aggressively pursue land...
Eastern Washington Apartment Market Posts $388MM in 2025 Sales as Value-Add Properties Drive Transactions
The Eastern Washington multifamily market rebounded from a sluggish start to record its strongest fourth quarter since 2021 Eastern Washington’s apartment investment market...
Tri-Cities Apartment Construction Surge Delivers More Than 1,500 Units, Easing Rents as Developers Test the Market’s Limits
A roughly 10 percent expansion in rental stock is bringing relief to tenants, but rising vacancies in newer properties and slowing absorption raise...
Amazon Revealed as Developer Behind $5 Billion, 3.4 Million-SQFT Data Center Campus at Wallula Gap in Eastern Washington
The 16-building project on 554 acres of former farmland represents the largest private economic development effort in Walla Walla County’s history and would...
Office Properties Income Trust Files for Bankruptcy as Remote Work Era Takes Another Casualty
Office REIT seeks to shed $1 billion in debt through Chapter 11 restructuring, the latest sign of distress in commercial real estate Office...
Seattle Multifamily Market Signals Recovery as Rent Growth Returns, Development Reboots
Brokers report 100 percent jump in sales volume, cautious optimism for urban core apartments after years of turbulence After years of navigating pandemic...
Eastern Washington’s Apartment Market Hits the Brakes After Boom Years
The Eastern Washington apartment market, once a darling of real estate investors during the pandemic boom, has experienced a more challenging environment, recently....
BPG Investments, Startup Development Partners Acquire 14.2-Acre Tri-Cities Retail Center in Off-Market Deal for $10.5MM
Kennewick, WA — June 27, 2025 — BPG Investments and Startup Development Partners closed on a premier 14.18-acre shopping center in the heart...
Investor Activity Surges in Eastern Washington’s Apartment Market, Signaling Renewed Confidence
The Eastern Washington multifamily housing sector is gaining momentum in early 2025, marked by a robust uptick in sales activity and steady rent...
60-Unit Sedona Apartments in Pasco Hits the Market for $8.9MM
Sedona Apartments, a multifamily property located at 1327 N 24th Ave in Pasco has been listed for sale at $8.9 million, or approximately...
