Yardi Matrix
Full-Block South Lake Union Site Once Planned for 505,000 SQFT Lab Campus Hits Market as 490-Unit Apartment Opportunity
The 77,760-square-foot block at 200 Taylor Avenue North, cleared for BioMed Realty’s T6 life sciences campus, is now being pitched for about 490...
Portland Leads Nation in Q3 Coworking Growth, Expanding Location Count 10% to 87 Spaces
Portland grew its coworking location count faster than any other top-50 U.S. market in the third quarter, adding eight spaces to reach 87...
Irvine Buyer Acquires 111-Unit Northline Apartments in North Seattle From RISE Properties Affiliate for $17.8MM
A RISE Properties Trust affiliate has sold the 1978-built Northline Apartments on Linden Avenue North to an Irvine, Calif.-based LLC, one of the...
Blackstone Says Rising Rates Hit Apartments Hardest as Data Centers Carry Q3 Real Estate Book
Blackstone told investors that its multifamily holdings absorbed the heaviest blow from widening cap rates in a third quarter marked by the sharpest...
Apollo Takes Two-Thirds Stake in $2B, 7,059-Unit UDR Apartment Portfolio Through $1.34B Joint Venture
UDR is moving 19 apartment communities into a $2 billion joint venture in which Apollo-managed funds will invest $1.34 billion for a roughly...
Local Investors Acquire 81,000 SQFT Pedron’s RV Storage in Vancouver for $5.52MM
Local investors buy the 80,824 SF Pedron's RV Storage in Vancouver, Wash., for $5.52MM, ending a 40-year ownership by its founding operators.
Investco Sells 99-Unit Saffron Mixed-Use Property in Sammamish for $56.5MM
Principal bought one of the Eastside’s rarely traded mixed-use properties, with apartment rents about $380 below the East King County average and no...
Construction Ongoing for Edge Developers’ 70-Unit Affordable Project for El Centro de la Raza on Seattle’s Beacon Hill
The seven-story building next to the Beacon Hill light rail station will add studios through four-bedroom apartments for households earning 30 to 60...
125-Unit Chambers Reserve Build-to-Rent Townhome Community in Lacey Sells for $53MM
The newly built Lacey community of three- and four-bedroom townhomes sold for about $424,000 per unit, roughly 53 percent above the Puget Sound...
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...
Eastern Sunrise Seeks Phased Permit for $18MM, 155-Room Student Housing in Seattle
Eastern Sunrise seeks a phased permit to fast-track demolition on a fire-damaged site for an $18MM, six-story student housing project on the Ave.
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...
