workforce housing
Post Real Estate Group Buys 236-Unit Porchlight Apartments in Federal Way for $56.25MM, Locking In 80% AMI Rents
Beverly Hills-based Post Real Estate Group has bought Porchlight, a renovated 236-unit garden community in Federal Way, and will hold every apartment for...
Nitze-Stagen Opens Leasing at 193-Unit, Amazon-Backed Trace 4001 Near Seattle’s Othello Station
Financed with a $19.1 million Amazon Housing Equity Fund loan, a Forbright Bank construction loan and equity from local impact investors, the eight-story...
Kōz Development’s 169-Unit Kōz on Wetmore in Downtown Everett Nears 2027 Opening
Kōz Development's 169-unit Kōz on Wetmore in downtown Everett is well underway and targets a 2027 opening, with half its units at affordable...
RISE Properties Trust Affiliate Sells 366-Unit The Groves in Kent to FPA Multifamily for $72MM
San Francisco-based FPA Multifamily picked up the 1980-built complex for about $196,700 per unit, in line with recent South King County sales and...
Seattle’s Apartment Boom Skipped Families, With Only 14.5% of Rentals Offering Three or More Bedrooms
A Berkadia analysis of Seattle's rental stock finds the metro has spent its building cycle on studios and one-bedrooms, leaving renter families to...
Patience Over Growth: TruAmerica’s Bob Hart on the National Multifamily Reset
In a wide-ranging interview on CBRE's The Weekly Take podcast, TruAmerica Multifamily founder Bob Hart laid out how a four-decade veteran is navigating...
Eastman Companies Buys 192-Unit Grove at Cheney in Spokane County from Harrison Street for $18MM
The Cheney sale is one piece of a larger, three-property transaction: JLL Capital Markets announced July 27 that it had arranged $39.44 million...
Stadium Authority and Building Trades Appeal Seattle Plan That Would Permanently Ban Housing in SoDo’s Stadium District
The public agency that oversees T-Mobile Park has joined Seattle's construction unions to challenge a city subarea plan that would lock housing out...
