Affordable Housing - Seattle
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Seattle’s Micro-Housing Movement: A Developer’s Take
Housing Diversity Corp.’s Brad Padden makes the case for small-footprint apartments to accommodate the pressing demand for more affordable housing options closer to the city center.
31 August 2020 12:56 -
Top 5 Seattle Submarkets for Development by Number of Units
Seattle’s top five submarkets by development volume accounted for nearly half of the metro’s pipeline, which was in excess of 22,000 units in March.
13 March 2020 11:55 -
Compass Health Breaks Ground on $26M Regional Center
The first phase of the Broadway Campus redevelopment project in Everett, Wash., will provide behavioral health care, primary health care and permanent supportive housing services.
20 February 2020 08:17 -
Turner Impact Makes 1st Pacific Northwest Foray
The move is part of the company’s strategy to acquire $2 billion of assets nationwide through its investment funds.
05 February 2020 21:06 -
Upzoning: Building More to Rent for Less
A few U.S. cities are overhauling zoning rules to increase density and expand the supply of affordable housing. It might take years, however, to find out if significant improvements were made.
25 September 2019 15:45 -
Magma Equities Debuts Seattle-Area Community
The firm has completed a 52-unit condo community designed for entry-level buyers. The project is Seattle’s first condo conversion in more than a decade.
20 March 2019 11:58 -
Seattle Modular Building Gets $13M Refi
CBRE secured the 10-year loan for Cubix North Apartments, a 108-unit affordable community in the northern part of the metro. Parkstone Properties owns the project.
23 January 2019 15:49 -
Microsoft Commits $500M to Affordable Housing in Seattle
The software giant proposes a combination of loans and grants to help expand the Puget Sound region’s inventory of affordable housing.
18 January 2019 08:47 -
2 Affordable WA Assets Land Acquisition Loans
Hunt Real Estate Capital has secured $5.5 million in funding for Colvos Terrace and Street Fawcett, two communities in Tacoma totaling 87 units.
05 November 2018 07:37 -
Local Developer Adds 70 Units to Seattle Affordable Housing Supply
Lake City’s former Fire Station 39 site has been revitalized as an apartment building dedicated to low-income individuals and families. Rents range from $526 to $1,353.
22 October 2018 13:27 -
KeyBank Originates $31M for Affordable Seattle Properties
Both properties are located in the Atlantic neighborhood of Seattle and will provide a total of 126 affordable housing units.
12 September 2018 15:13 -
Phase 1 of Seattle-Area Senior Housing Debuts
Sustainable Housing for the Ageless Generation and the City of Tukwila, Wash., have opened Tukwila Village, a 193-unit affordable community located within 10 minutes of downtown.
24 July 2018 13:46 -
CBRE Hires Affordable Housing Expert
In her new role as director & industry specialist, Sarah Garland will support origination of affordable and workforce housing debt financing.
13 July 2018 06:20 -
Top 10 Largest Multifamily Conversions in the Pacific Northwest
The area recorded a high number of adaptive reuse projects that transformed hotels into affordable multifamily communities, breathing new life into historic buildings. Some of the structures served military purposes during World War II.
20 June 2018 14:35 -
CBRE Brokers Sale, Financing of 171-Unit Affordable Asset
The Seattle-area community traded for $18.9 million. Tim Flint worked on behalf of the seller in the transaction, while Jim Flinn secured acquisition financing.
05 June 2018 07:25