Washington
First Multifamily Built in Slabtown, LL Hawkins, Trades in Portland
LL Hawkins, a 113-unit LEED Gold multifamily property with ground-floor retail, and the adjacent Slabtown Marketplace, a 36,0000-square-foot retail building… Read more
Village at Ten Trails Acquisition Strategy Looks Outside Urban Core
RISE Properties Trust and funds managed by Oaktree Capital Management LP recently purchased The Village at Ten Trails, a 176-unit… Read more
Low Vacancy, Pipeline Will Sustain Long-Term Demand for 207 East
207 East, a newly constructed multifamily community in Edgewood, WA, recently sold to Security Properties for an undisclosed purchase price,… Read more
NAI Legacy Completes Syndication of $43M DST Portfolio
NAI Legacy has fully subscribed the $42.5-million Essential Net Leased Midwest DST offering. As a sponsor of the DST, Minneapolis-based NAI Legacy helped 50 1031 Exchange investors from 18 states:… Read more
South Korean Hotel Chain Adds Chicago to Its U.S. Map
South Korea-based Lotte Hotels & Resorts has been revealed as the mystery buyer of the Kimpton Hotel Monaco Chicago in the Loop, Crain’s Chicago… Read more
Despite COVID, MainStreet Stays Steadfast on Marymoor
A prime mixed-use apartment development site adjacent to Marymoor Park in Redmond recently sold for $14.25 million. The 2.14-acre parcel… Read more
Kennedy Wilson Targets $3B After Reaching $2B in RE-Secured Loans
Kennedy Wilson’s debt investment platform now exceeds $2 billion in real estate-secured loans, including $300 million in future funding commitments.… Read more
Shoreline Assemblage Fits Spectrum’s Focus on TOD in Paths of Growth
A prime Shoreline mixed-use apartment development site across from the Shoreline South/148th Light Rail Station recently sold to Spectrum Development… Read more
LAC Acquires Alexandria Multifam Via $2B Amazon Housing Equity Fund
Lincoln Avenue Capital has acquired a 569-unit affordable housing property in Alexandria, VA with financing from the Amazon Housing Equity Fund and… Read more
Lowe Tops Out on Yesler Terrace Development
Lowe recently topped out the second of two nine-story towers totaling 550-apartments with approximately 6,800 square feet of ground-floor retail… Read more
Office of Housing Awards $95M to Affordable Housing Project
Seattle Mayor Jenny Durkan and the Office of Housing recently announced a $95 million investment in affordable housing. Nearly $10… Read more
Therapeutic Interfering Particles Use is Within Reach for COVID Treatment
As the SARS-CoV-2 virus mutates, new variants emerge that can better evade immunity and spread more widely. This causes an… Read more
University District Development Shows No Signs of Slowing Down
A two-parcel 22,041-square-foot development site in Seattle’s University District recently sold for $13 million, according to Colliers. Formerly home to… Read more
Solara Furthers MIG’s Goal of Portfolio Expansion into Dynamic Submarkets
MIG Real Estate LLC (MIG) recently purchased Solara, a 238-unit multifamily community in North Seattle, for $84 million. Located at… Read more
Student Housing Demand Surges, Especially in Seattle
Husky Housing, a three-building 96-bed student housing complex located at 4215, 4217 and 4221 9th Ave. Northeast, recently closed for… Read more
EQ Office Recognizes Office’s New Role in 800 Fifth Redesign
EQ Office recently unveiled its redevelopment of 800 Fifth in Seattle’s downtown. The repositioning will maximize exposure and access to… Read more
Amazon Commits $20M+ to Promote RE Developers of Color
Not only are real estate developers of color underrepresented in the industry, but they also lack access to the capital… Read more
Stream 15 and Stream Belmont Sell to a Single Buyer in an Off-Market Transaction
Two multifamily communities known as Stream 15 and Stream Belmont in the Capitol Hill submarket recently sold for $42.1 million… Read more
ZoomCare Clinic Opens in Seattle’s South Lake Union Neighborhood
A new ZoomCare clinic opened last week at 116 Westlake Ave. North in Seattle’s South Lake Union neighborhood. This clinic… Read more