Seattle
Northeast Seattle Project Gets $27M Loan
State Farm originated the financing for the development of Union Bay Place, a 98-unit community near the University of Washington.
PGIM Real Estate Arranges $482M West Coast Refi
The Fannie Mae credit facilities involve six apartment properties in the San Francisco Bay area and Seattle.
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.
Kidder Mathews Arranges $45M Seattle-Area Sale
Dylan Simon, Jerrid Anderson and Matt Laird assisted the seller in the disposition of the 216-unit community in Kent, Wash.
Equity Residential Pays $49M for Seattle Asset
Goodman Real completed the 158-unit property earlier this year, with construction financing from U.S. Bank.
Landmark Properties Expands Student Housing Portfolio
The four communities will add a total of 3,100 beds across Georgia, Florida, Michigan and Washington.
Aspen Heights Expands Student Housing Portfolio
The company’s newest project will offer 752 beds to students attending Washington State University one mile away.
RISE Properties Buys Seattle Apartments for $34M
The new owner assumed $21.4 million in existing Fannie Mae debt on the 117-unit community.
Mill Creek Breaks Ground on Seattle Apartments
The developer has started construction on the 288-unit Modera Overlake with completion expected by the end of 2022.
West Seattle Community Gets $12M Refi
KeyBank originated the mortgage, which retires an $11.3 million Fannie Mae loan from 2013.