Washington
Domain Capital, Simpson Housing Form $1B JV with PFA Pension
Atlanta-based Domain Capital Group, LLC’s subsidiary, Domain Capital Advisors, and Simpson Housing LLLP completed a joint venture with PFA Pension… Read more
NorthMarq Arranges Nearly $23M Refi of Frederickson MF
NorthMarq’s Seattle office secured $22.5 million to refinance Sawyer Trail Townhomes, Phase I in Frederickson, WA, a community 15 miles… Read more
Port Temporarily Suspends 20 Ongoing Construction Projects
The Port of Seattle will temporarily suspend roughly 20 current construction projects from Thursday, April 9 to Monday, April 13… Read more
Arizona GDP Growth Among Nation’s Top in 2019
The Bureau of Economic Analysis ranked Arizona among the top states in the nation for gross domestic product growth, both… Read more
Seattle Drops on Construction Crane Index
Seattle no longer holds the crane count crown on Rider Levett Bucknall’s Crane Index. The Emerald City’s 36 cranes is… Read more
KeyBank Secures $14M Financing for Everett Affordable Development
KeyBank Community Development Lending and Investment (CDLI) secured $13.7 million of construction financing on behalf of Compass Health to build… Read more
Despite COVID-19 Restrictions, Burrard Reports Strong Condo Sales at Seattle’s Nexus
Strong home sales, closings and move-ins are progressing safely and at a swift pace at the Nexus condominium building in… Read more
Virtual Building Inspection Completed on Bothell Starbucks During COVID-19 Shutdown
Avalon Development tapped technology to complete a virtual inspection on a Starbucks store in Bothell. The use of FaceTime allowed… Read more
Kidder Mathews Boosts Bellevue Team with Two Additions
Kidder Mathews added two veteran commercial real estate brokers to its Bellevue office. Steve Pelluer and Kim Hutchins have been… Read more
Port of Seattle Bars Evictions, Offers Emergency Financial Relief to Airport Tenants
The Port of Seattle Commission today approved an immediate, short-term emergency financial relief package for airport-based businesses, barring evictions of… Read more
McKinstry Bolsters Technical Services Business
McKinstry, a Seattle-based designer, builder, operator, and building maintenance firm, named a new National Director of Technical Services and promoted… Read more
Bel-Red Transit-Oriented Development Site Sells for $12M
A 1.4-acre transit-oriented development site, at 1600 132nd Ave. NE in Bellevue, sold for $12.3 million, which works out to… Read more
Property Tax Deadline Extended by King County
King County Executive Dow Constantine has extended the first-half 2020 property tax deadline to June 1, due to the financial… Read moreRedfin Receives $110M Injection from Durable Capital
Seattle-based Redfin Corporation reached an agreement to sell $110 million of capital stock to Durable Capital Partners LP. The proposed… Read more
Vulcan Real Estate Provides Small Business Rent Relief
Vulcan Real Estate will not collect rent from its small business retail and nonprofit tenants for the month of April… Read more
NorthMarq’s Garfinkel Arranges $42M in Debt on Retail in Midwest, Northwest
St. Louis-based NorthMarq Capital SVP David Garfinkel secured $42.3 million in financing for three retail properties in Tacoma, WA, St.… Read more
D.C., MD, VA All Issue Stay-at-Home Orders
Washington, D.C.’s mayor and the governors of Maryland and Virginia all issued mandatory stay-at-home orders Monday, the Washington Post reported.… Read more
Kidder Mathews Sells Silverdale Apartment Asset for $16M
Kidder Mathews’ multifamily investment team closed the sale of Inlet View Apartments in Silverdale, WA, in Kitsap County. The property,… Read more
Top Broker Honorees: Kidder Mathews’ Jason Rosauer, Rob Anderson, and Kristyn Krueger
Jason Rosauer, Rob Anderson, and Kristyn Krueger of Kidder Mathews lead one of the region’s highest-producing investment sales teams, encompassing… Read more