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Mobile home park
FinanceIndustry NewsResidential

102-Space Franklin Pierce Estates Mobile Home Park Trades for $17MM in Tacoma

FP MH Owner LLC pays $17 million for the 102-space Franklin Pierce Estates mobile home park in Tacoma, more than double the national...

Home under construction
AECFinanceIndustry NewsResidential

Construction Underway on Mercy Housing’s 233-Unit Affordable TOD in Kent

Built on a parcel Sound Transit sold at a $6.5 million discount to spur affordable development, Kent Multicultural Village pairs 233 housing units...

A drone view of boats in Gig Harbor Washington at sunset with Mt Rainier
AECFinanceIndustry NewsResidential

Heron’s Key Secures $107MM in Bonds for 112,000 SQFT Expansion of Gig Harbor Life Plan Community

Emerald Communities has locked in $107.165 million in tax-exempt bonds to build out a second phase at its Heron's Key life plan community...

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,...

brandon-griggs-wR11KBaB86U-unsplash1
AECFinanceIndustry NewsNews ReleasesResidential

Great Expectations Closes 102-Unit Puyallup Affordable Housing Project Without Tax Credits

A 102-unit affordable housing development in Puyallup has closed financing without Low-Income Housing Tax Credits therough the combination of recycled tax-exempt bonds, a...

groundbreaking
AECIndustry NewsResidential

HASCO Breaks Ground on $46.7MM, 124-Unit Leonard Crossing Affordable Housing Complex in Marysville

HASCO broke ground on Leonard Crossing, a $46.7MM, 124-unit affordable housing complex in fast-growing Marysville.

mj-haru-EOpC4EtSwLk-unsplash-apartments
AECIndustry NewsResidential

YWCA Taps Truebeck to Raze Century-Old Belltown Building for 83-Unit Affordable Housing Project in Seattle

The YWCA Seattle | King | Snohomish is preparing to demolish its century-old Lexington-Concord Apartments in Belltown and replace them with a seven-story,...

Process of cutting the red ribbon during the grand opening of a new property.
AECIndustry NewsResidential

SRM and Urban League Cut Ribbon on 207-Home Altaire at Jackson Park in North Seattle

The North Seattle community, backed by Amazon, the Washington State Housing Finance Commission and the Seattle Office of Housing, targets workforce renters earning...

Apartments with Space Needle in the background
FeaturedFinanceIndustry NewsPortlandResidential

Private Capital Tightens Grip on Washington Multifamily as Pierce County Heats Up

A Berkadia Q1 2026 report shows mid-market investors driving deal flow, institutional buyers retreating to scale plays, and a coming delivery cliff setting...

Fremont Cut, Lake Union Ballard Locks, Salmon Bay, Olympic Mountains
AECIndustry NewsResidential

BRIDGE Housing Opens 84-Unit St. Luke’s Apartments, Bringing First Affordable Housing to Seattle’s Ballard in Over Two Decades

The eight-story community, developed on land owned by the Episcopal Diocese of Olympia, will serve households earning up to 60 percent of Area...

Bellevue Washington Cityscape and Meydenbauer Bay Aerial View
AECFinanceIndustry NewsResidential

Amazon-Backed Altaire Project Advances as SRM Development Plans 146-Unit Affordable Housing Community Near Mercer Slough in Bellevue

Phase II of the two-building development at 991 118th Ave SE targets households earning as low as 30 percent of Area Median Income,...

Rendering of Prisma in Redmond
AECIndustry NewsResidential

Bellwether Housing Breaks Ground on 328-Unit Prisma Affordable Housing Project Adjacent to Light Rail in Redmond

The $168.7 million transit-oriented development on Sound Transit surplus land targets deeply affordable units in one of the region's most expensive corridors Bellwether...

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