News - Seattle

  • Tech Scene Continues to Thrive in Seattle

    Fueled by the continued expansion of the technology sector and population growth, the city's multifamily market remains healthy.

    26 December 2017 15:59
  • MG Properties Acquires 2 WA Assets for $133M

    The company purchased Beaumont in Woodinville from Guardian Life Insurance Co. and Newberry Square in Lynwood from Fairfield Residential. Totaling 467 units, both communities will undergo interior and exterior renovations.

    20 December 2017 16:11
  • Why Grosvenor Likes Seattle’s Condo Market

    Alex Henderson, who leads Grosvenor’s Puget Sound Co-Investment team, foresees renewed interest in development, given the potential oversupply of rental product and undersupply of for-sale product in the area.

    29 November 2017 17:11
  • Kennedy Wilson Buys $135M WA Community

    The three five-story buildings offer a mix of studios, one- and two-bedroom units averaging 827 square feet. The community is close to various park, trails and hiking trails.

    23 November 2017 11:55
  • SHAG Opens Newest WA Senior Housing

    Lynnwood City Center Senior Living features 308 one- and two-bedroom floorplans ranging from 515 to 787 square feet. A selection of apartments is reserved for individuals and households with fixed incomes.

    13 November 2017 16:35
  • Greystone Refinances 131-Unit WA Community

    The Henry, a Class A community situated near the Museum of Glass, offers 161 units and 10,500 square feet of office and retail space.

    07 November 2017 16:52
  • Security Properties Expands Its WA Portfolio

    The 178-unit community offers convenient access to major employers such as Intel, JBLM, State Farm Insurance and Amazon. Garco Construction sold the asset for $32.3 million.

    03 November 2017 12:29
  • Weidner Acquires Seattle Community for $225M

    Continental Properties sold the 313-unit Tower12 for $719,000 per apartment, a multifamily sales record for the area.

    30 October 2017 19:14
  • HFF Arranges $20M Seattle Sale

    PCCP and Westbridge Properties have sold the 1990-built Arterra Townhomes, an 81-unit community in Kent, Wash.

    19 October 2017 00:33
  • Yesler Terrace—Soon to Be Seattle’s Densest Neighborhood

    Yesler Terrace is a 30-acre development that Seattle Housing Authority (SHA) built in the 1940s as the city's inaugural subsidized housing community. Stephanie Van Dyke, director of development at SHA, spoke with MHN about the site's future as a mixed-use global neighborhood.

    16 October 2017 15:47
  • Terra Closes $23M Preferred Equity for Seattle Property

    Bristol I is situated within the waterfront community of Southport, a new mixed-use village with 188 units and 730,000 square feet of Class A office space.

    11 October 2017 15:16
  • Lowe Begins Construction on Newest WA Development

    The 286-unit Talisman in Redmond, Wash. is set to anchor the Redmond Town Center’s mixed-use development. The property will also include 9,400 square feet of ground floor specialty retail shops.

    10 October 2017 15:58
  • MG Properties Buys 321-unit Senior Community

    The senior housing community is located in close proximity to major employers such as Microsoft, AT&T, Nintendo and Expedia. CBRE worked on behalf of the seller.

    06 October 2017 11:33
  • Bellwether Enterprise Closes $51M Refi

    The company arranged the refinancing of Alley 111, a 12-story apartment building offering a mix of studios, one- and two-bedroom units, along with 4,000 square feet of retail space.

    19 September 2017 16:24
  • LMC Tops Off Pair of Seattle Communities

    Valdok, a seven-story, 178-apartment community, is located in the city’s Ballard neighborhood. Axle, an eight-story, 226-unit community seeking LEED Gold certification, is situated in the city’s Interbay community.

    11 September 2017 14:59