Seattle
Report: Increasing Office Sublet Space Could Add Challenges to Upcoming Maturities
The office sector continues to take a beating, as indicated by higher vacancies and flight to quality. Then there is… Read more
PPM Promotes Guy Faretra to National Director
Pacific Program Management (PPM) promoted Guy Faretra to National Director, Delivery Services for the firm’s leading national high-tech online retail… Read more
Amazon Lends $10M for Seattle Affordable Housing Project in Northgate
Amazon.com Inc. has loaned nearly $10 million to WF Northaven LLC, an entity related to Seattle-based social benefit corporation Gaard… Read more
Scholastic Inc. Lease for 69K SF Brings Salmon Creek Corporate Park to Full Occupancy
Scholastic Inc., one of the world’s largest publishers and distributors of children’s books and educational materials, signed a lease for… Read more
“Little Tuscany” Multifamily Asset Acquired by Timberlane Partners in Olympia for $37M
Timberlane Partners, a leading Seattle real estate investment manager, purchased the 143-unit three-story multifamily building known as Little Tuscany from… Read more
Veda Living Triples Senior Housing Portfolio with Washington State Management Deal
Veda Living, the management company spin-off of ETROS Management Firm, acquired a 10-property management agreement in Washington state. Dallas-based Veda… Read more
Broadmark Completes Merger with Ready Capital
Specialty real estate finance company Broadmark Realty Capital Inc., headquartered in Seattle, completed its merger with and into a wholly… Read more
Timberlane Partners Launches Acquisition Fund, Makes Key Hires
Seattle-based real estate investment manager Timberlane Partners expanded its leadership team with three key executive hires. The new hires coincide… Read more
Six Years On, Opportunity Zone Funds are Finding Secondary Markets
Since its introduction in 2017, the opportunity zone program has been lauded and criticized in turn. Cutting through some of… Read more
CBRE Facilitates Sale of 139-Unit Student Housing Community near UT
CBRE facilitated the sale of 303 Flats, a 433-bed, 139-unit student housing community near the University of Tennessee, Knoxville. The… Read more
Simon Launches Construction on First Hotel at Northgate Mall Redevelopment
Simon has launched construction on a new Residence Inn by Marriott at its Northgate Station redevelopment in Seattle. It’s the… Read more
Stuf Brings Tech-Enabled Self-Storage to Two Seattle Office Properties
Stuf, a New York City-based self-storage startup, has entered the Seattle market with two new locations, both utilizing space within… Read more
Washington Holdings Proposes Apartments Near Olympic Sculpture Park
Washington Holdings on Wednesday announced preliminary plans for a nine-story apartment building across Western Avenue from Seattle’s Olympic Sculpture Park,… Read more
Pebblebrook Divests Hotel Vintage Seattle for Slightly More Than It Paid
Pebblebrook Hotel Trust closed on the sale of the 125-key Hotel Vintage Seattle in Seattle for $33.7 million to an… Read more
RISE Properties Trust Exits Hold on Everett Apartments for $62M
RISE Properties Trust, a Canadian real estate trust based in Seattle, closed on the sale of Artesia Apartments, a 192-unit… Read more
Eastern Washington Multifamily Sales Pull Ahead in Q1
Despite rising interest rates, Eastern Washington’s first-quarter multifamily investment sales transaction volume and sales volume exceeded Q4 2022, Kidder Mathews’… Read more
We’re Looking for More of CRE’s Top Mortgage Brokers and Lenders
Response to date has been strong for Connect Commercial Real Estate’s third annual Top Mortgage Brokers & Lenders awards program.… Read more
Transit-Oriented Apartments Fetch $35M in South Seattle
Institutional Property Advisors (IPA), a division of Marcus & Millichap, closed the sale of Encore, a 96-unit apartment building with… Read more
City of Seattle Allocates $147M to Affordable Housing Projects
Seattle Mayor Bruce Harrell recently announced the city’s yearly funding awards for affordable housing providers, totaling $147 million for the… Read more