Wells Fargo
Wallace Properties Files Design Review for 445-Unit East Phase of Bellevue North
The filing would replace a retail shopping center with two residential towers and ground-level commercial space near Bellevue’s downtown core. Wallace Properties has...
Vanbarton Wins Approval to Convert Historic 2601 Elliott Avenue Into 260 Seattle Apartments
A distressed office tower that Zulily abandoned after its post-IPO struggles has won conditional city approval to become 260 apartments, giving Vanbarton Group’s...
Savills Completes $1.11B Eastdil Secured Acquisition, Bolstering Seattle Capital Markets Presence
Savills Plc has completed its roughly $1.11 billion acquisition of Eastdil Secured, uniting one of the world’s leading real estate advisors with a...
Wells Fargo: Fed Poised for Extended Hold as Warsh Era Opens Amid Sticky Inflation
Wells Fargo economists expect the Federal Reserve to sit on the sidelines for an extended period as new Chair Kevin Warsh takes the...
$23.6MM DoubleTree Suites Loan Near Seattle Airport Lands in Special Servicing as CMBS Maturity Wall Crashes Hotels
The 219-suite DoubleTree Suites Seattle Airport-Southcenter was transferred to special servicing on May 26, the latest 2016-vintage hotel mortgage to fail a refinancing...
AvalonBay and Equity Residential Forge $69B Apartment Titan in All-Stock Merger of Equals
The combination of the nation’s two largest multifamily REITs creates a 180,000-unit powerhouse with dominant positions in Los Angeles, New York and Greater...
Eastdil Tapped to Market 750,000 SQFT Bravern Towers in Bellevue After QSuper Default
A King County court has greenlit the sale of the trophy Eastside office complex, with bidders already circling a property whose value has...
Wallace Properties Secures Approval for 895-Unit Bellevue North Mixed-Use Development in City’s Downtown
Applicant secures Master Development Plan approval with conditions for a two-phase redevelopment spanning a 28-story high-rise tower and three midrise residential buildings in...
Swift Real Estate Partners Buys Back $101.7MM Wells Fargo Loan on 588,000 SQFT West Coast Office Portfolio for Around $80MM
San Francisco-based investment firm acquires non-performing note on its own three-property office portfolio using all-equity capital from Fund II, eliminating all debt on...
Rising Oil Prices Cloud U.S. Growth Outlook as Labor Market Stalls, Analysts Warn
The bank’s March economic outlook trims consumer spending forecasts and raises inflation expectations amid the Iran-driven energy shock, while still projecting the expansion...
EDENS Lists 125,000 SQFT Lakeland Town Center in Auburn as Grocery-Anchored Retail Draws Institutional Capital
Fully leased center anchored by Haggen Northwest Fresh hits the market four years after EDENS’ inaugural Pacific Northwest acquisition, as the developer redirects...
Savills Closes $1.1 Billion Acquisition of Eastdil Secured, Reshaping Global CRE Capital Markets
The London-based advisory firm adds one of America’s most storied real estate investment banks to its platform, giving Guggenheim and Temasek a nearly...
