Yardi Matrix
The Pacific Northwest Now Has the Nation’s Smallest New Apartments
Seattle, Portland and Tacoma occupy the three smallest spots on the national apartment-size ranking, the product of a building cycle across the Pacific...
Public Storage Pays $6.4MM for Mukilteo Self-Storage Site
Four Snohomish and King County closings totaling $45.6 million have surfaced so far from Public Storage’s $96.9 million purchase of Money Saver Mini...
Public Storage Pays $10.5MM for 67,000 SQFT Money Saver Mini Storage Site in Arlington
Public Storage closed on a $10.5 million purchase of the independently owned Money Saver Mini Storage & Commercial Space in Arlington, folding the...
Sterling Realty Lands $27MM Brookfield Refinancing on 105,000 SQFT Mercer Island Office Building
Sterling Realty Organization has refinanced its Class A office building on Mercer Island with a new Brookfield loan, resetting the debt on an...
Oregon’s In-Migration Slows for Second Straight Year, Squeezing Demographic Math Behind Portland CRE
Driver’s license exchanges hit a five-year low in 2025, signaling fresh demographic drag on Oregon’s office, multifamily and labor markets. Oregon’s reliance on...
57-Unit Capitol Hill Studio Building Vitality on Howell Lists at $9.5MM, Priced 15% Below Appraisal
Greenbuild Development affiliate puts 57-unit 2016-vintage asset on the market at $166,667 per unit as Capitol Hill supply pipeline shrinks to 139 units....
Narrow Stairs Acquires 35-Unit Queen View Apartments Portfolio in Seattle for $6.5MM from Elston Properties
The Santa Barbara-based buyer lands a century-old multifamily asset at $185,714 per unit, well below the Puget Sound average, in a deal that...
161-Unit Belltown and Queen Anne Multifamily Portfolio in Seattle Hits the Market for Sale
The Sidney and Queen Anne Flats hit the market as investor appetite returns to Seattle’s urban core, with the combined offering carrying an...
Starwood Pulls the Plug on SREIT Redemptions, Slashes Distribution as Non-Traded REIT Reckoning Reaches Its Endgame
Barry Sternlicht’s $22.4 billion fund becomes the last holdout in a sector-wide liquidity crisis, betting that Sunbelt multifamily fundamentals will reward shareholders who...
Seattle’s Expense Discipline Pays Off: Essex Cuts Operating Costs 3.4% and Drives 4.9% NOI Growth
The Pacific Northwest delivered Essex Property Trust’s largest expense reduction of any region in Q1 2026, leveraging modest 2.3 percent revenue growth into...
Pacific Urban Tests Eastside Multifamily Demand With Listing of 180-Unit Knoll Redmond
Palo Alto investor takes Microsoft-adjacent garden community to market three years after $71.3MM acquisition, betting on tech-driven Eastside fundamentals as regional sales volume...
Seattle Coworking Footprint Climbs to 3.41MM SQFT, Holds 13th Spot Nationally
The Emerald City added six new flexible workspace locations in Q1 2026, lifting average space size above the national benchmark as meeting room...
