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FeaturedFinanceIndustry NewsResidential

Seattle Apartment Cap Rates Climb to 5.7%, Highest Since at Least 2018, as Prices Sit 29% Below 2019 Peak

Seattle's average apartment cap rate rose nearly a full percentage point in a year to 5.7 percent in the second quarter of 2026,...

Apartment building with a pink background
FinanceIndustry NewsResidential

Seattle Social Housing Developer to Buy 195-Unit Youngstown Flats in West Seattle for $68MM

Seattle’s social housing authority is buying a 2013 West Seattle apartment building for less than it sold for eight years ago, its second...

seattle skyline
FinanceIndustry NewsResidential

Seattle Awards $13.65MM to Five Developments for 77 Permanently Affordable For-Sale Homes

The City of Seattle is putting nearly twice as much money into affordable homeownership this year as it did in 2025. The awards...

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Industry NewsLeasingRetail

Starbird Chicken Signs 17-Unit Washington Franchise Deal with Former Jack in the Box Operator

A San Francisco-born fast casual chicken concept is following a proven multi-unit operator into Washington, betting on a franchisee with decades of experience...

Facade of an apartment building
FinanceIndustry NewsResidential

32-Unit Edric Apartments in West Seattle Hits Market at $12.5MM

The 32-unit Edric Apartments in West Seattle has come to market at $12.5MM, priced well above the county's average per-unit sale.

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AECCommercialIndustry News

Intuitive Health Plans 13,000 SQFT Freestanding ER in West Seattle’s Triangle

Permit filings have finally named the health-care operator behind a long-rumored redevelopment of a vacant West Seattle clinic site, ending months of speculation...

Sound Transit station
AECFinanceIndustry News

Sound Transit Clears Condemnation of 55 Parcels for West Seattle Link as Opening Slips to 2035

Sound Transit's board authorized its chief executive to acquire, by condemnation if necessary, 55 properties along the West Seattle Link Extension, committing to...

Sound Transit station
AECFinanceIndustry News

Sound Transit Board Set to Authorize Acquisitoin of 55 West Seattle Link Parcels

Sound Transit's board is poised to convert years of conditional authority into funded condemnation power over 43 full-fee and 12 partial acquisitions, provided...

Seattle skyline from the waterfront
CommercialIndustry NewsLeasing

Outdoor Research Relocates Seattle HQ to 8,000 SQFT West Seattle Waterfront Office

Outdoor Research moves its Seattle HQ to a 7,916 SQFT West Seattle waterfront office, a sharp downsize from its former SoDo headquarters.

Seattle Rail in black and white
AECFeaturedIndustry News

Sound Transit Defers Ballard Light Rail Indefinitely as $35 Billion Shortfall Reshapes ST3 Buildout

Sound Transit's board has adopted a sweeping realignment of its voter-approved 2016 expansion plan, protecting the Everett-to-Tacoma spine while indefinitely deferring the Ballard...

DSA unveiling the first IKE digital kiosk in downtown Seattle
CommercialFeaturedIndustry News

Downtown Seattle Switches On First IKE Digital Kiosks Ahead of World Cup, With 50-Unit Network to Follow

The Downtown Seattle Association, the city of Seattle and Orange Barrel Media activated the first of 50 planned IKE Smart City digital kiosks...

alex-rosas-DYN_megHLB0-unsplash-west seattle
FinanceIndustry NewsResidentialRetail

Madison Development Group Lands $60.8MM Fannie Mae Refi on 216-Unit Spruce in West Seattle

Issaquah-based Madison Development Group has secured $60.8 million in Fannie Mae refinancing for Spruce, the 216-unit West Seattle apartment and retail complex it...

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