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Hunt Mortgage Group Arranges $14M Refinancing for Metropolitan Apartments Phase I in Tacoma

Hunt Mortgage Group Arranges $14M Refinancing for Metropolitan Apartments Phase I in Tacoma

A multifamily property in Tacoma was recently granted $14.3 million Freddie Mac first mortgage refinancing. Commercial real estate lender Hunt Mortgage Group recently announced that it has recently arranged a financing operation for Metropolitan Apartments Phase I in Tacoma, WA. The borrower is a limited liability company that is backed…

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Grosvenor Sells BluWater Luxury Community to Coast Equity Partners for $25M

Grosvenor Sells BluWater Luxury Community to Coast Equity Partners for $25M

As the greater Seattle residential market continues to stimulate investors, BluWater, a luxury residential community in Everett, WA recently traded hands in a deal worth $25.5 million. The multifamily asset was acquired by Coast Equity Partners from owner Grosvenor Americas. The seller was advised by a team of Kidder Matthews…

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DiNapoli Capital Partners Acquires Pearl District Residential Community in $37M Deal

DiNapoli Capital Partners Acquires Pearl District Residential Community in $37M Deal

Portland’s Pearl District is attracting a large amount of interest lately, with investors ready to move on any great opportunities. Honeymoon Hardware Lofts was recently sold by a joint venture between Seattle-based Security Properties Inc. and Lubert-Adler Partners from Philadelphia to buyer DiNapoli Capital Partners for a total fee of…

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LMN Architects Reportedly Chosen as Lead for Washington State Convention Center Expansion

LMN Architects Reportedly Chosen as Lead for Washington State Convention Center Expansion

As Seattle continues to grow in terms of office and residential real estate, the city has for some time remarked the need of expanding its offering in terms of major events. To that effect, the Washington State Convention Center has announced that a team consisting of GGN, LMN Architects and…

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PM Hospitality Set to Operate New Portland Hotel, Part of Hilton’s Most Recent Brand

PM Hospitality Set to Operate New Portland Hotel, Part of Hilton’s Most Recent Brand

The growing appeal of the Pacific Northwest means that more companies are looking to establish a presence in the region. Hospitality has been a huge component in the conversation regarding major cities in the area, such as Seattle and Portland. The two largest cities in the Pacific Northwest are currently…

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Newport Crossing Community in Newcastle Sold by Security Properties

Newport Crossing Community in Newcastle Sold by Security Properties

The Newport Crossing residential community in Newcastle, Wash., was recently sold by owner Security Properties Inc. in a deal worth a reported $38.8 million. …

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Lowe, Alecta Announce First Hill Condo High-Rise Under Construction, First Project of Its Kind in Decades

Lowe, Alecta Announce First Hill Condo High-Rise Under Construction, First Project of Its Kind in Decades

Lowe Enterprises and Alecta have jointly announced that the partnership has begun construction on the latest high-rise condominium project in the downtown Seattle area.…

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Schuster Group Tops Off Walton Lofts Project in Belltown

Schuster Group Tops Off Walton Lofts Project in Belltown

Earlier this year, we covered part of The Schuster Group’s activity in the Seattle multifamily market, when the vertically integrated real estate company announced the sale of its Joseph Arnold Lofts, and the focus of its attention on a similar project in the proximity of that asset, the Walton Lofts.…

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Woodinville Industrial Property Acquired in $30M Transaction

Woodinville Industrial Property Acquired in $30M Transaction

A Class A five-building industrial asset recently traded hands in the Pacific Northwest as a sovereign wealth fund that is advised by KBS Realty Advisors paid around $30 million for a property in the Eastside industrial market. The Park at Woodinville is a warehouse and light-manufacturing infill project that was…

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Development Site Near Amazon’s Denny Triangle Project Trades Hands in $14M Deal

Development Site Near Amazon’s Denny Triangle Project Trades Hands in $14M Deal

This week it was reported that a development site in downtown Seattle’s Denny Triangle traded hands for a fee of $14.32 million. The site includes two adjacent parcels listed as 1820 Terry Avenue and 1007 Stewart Street, a total of 20,760 square feet of land in one of the most…

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TODAY’S DEALS: Canyon Capital Provides $124M Senior Construction Loan for Miami Development

TODAY’S DEALS: Canyon Capital Provides $124M Senior Construction Loan for Miami Development

Canyon Capital Realty Advisors has provided $123.6 million for a 57-story luxury residential condominium development in the heart of Miami’s Financial District; and NorthMarq Capital's Seattle office finalizes two multifamily transactions totaling $52.709 million.…

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Prime Residential Acquires Two Seatac Residential Communities, Breaks South King County Record for Per-Unit Price

Prime Residential Acquires Two Seatac Residential Communities, Breaks South King County Record for Per-Unit Price

While the city of Seattle has held the spotlight in terms of residential deals, records seem to be falling elsewhere in King County. The current per-unit record fee in South King County was recently shattered as the 140-unit Belvedere Apartments community was acquired by Prime Residential for $28 million, or…

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