Seattle
UDR Trades Suburban Seattle Apartments for $93M
Berkadia provided the buyer of the Class A property with a $59 million Freddie Mac loan.
JV Secures Equity for Seattle Development
Trent Development and Hatteras Sky have partnered for the 274-unit community.
Thayer Manca Scores $27M Refi for Washington Community
The owner worked with Hunt Real Estate Capital to originate the 10-year, fixed-rate Fannie Mae loan.
A Developer’s View on Seattle’s Multifamily Market
Vibrant Cities’ James Wong touches on how the coronavirus crisis has impacted the metro’s long-lasting economic expansion and shares his expectations for the market.
Seattle-Area Community Scores $23M Refi
NorthMarq secured the Fannie Mae loan for the third phase of the 486-unit property.
Vanbarton Group Scores $116M Financing for Seattle Property
The firm recently acquired the community from Columbia Pacific Advisors for $209.2 million.
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.
Cypress Equity JV Lands $35M Financing for Tacoma Development
Construction on the 168-unit development stalled in 2018 but got back on track last year.
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.
Seattle Luxury Development Scores Construction Loan
First Interstate Bank provided the financing for the 93-unit project to developer Vibrant Cities.