Seattle

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.

Seattle Efficiency Community Changes Hands

Wilshire Capital Partners acquired the 75-unit property for nearly $18 million, financed with a loan from Bridge Investment Group Partners.

Coast Equity Purchases Suburban Seattle Community

Hunt Real Estate Capital provided the buyer with more than $16 million through Freddie Mac to finance the nearly $25 million acquisition.

Bridge Investment Group Pays $144M for WA Portfolio

Wells Fargo Bank provided the buyer with nearly $94 million in financing to acquire the assets, which contain 682 units across two properties

Seattle Community Opens its Doors

The 226-unit luxury community, developed by LMC, is fully integrated and offers smart-home technology, as well as also pursuing LEED Gold certification.

Security Properties JV Sells Seattle Community for $150M

A private investor—with financing from New York Life Insurance Co.—acquired the 309-unit luxury multifamily asset, which welcomed its first residents in 2017.

Seattle-Area Community Sold for $173M

Los Angeles-based Decron Properties entered the Puget Sound market with the acquisition of Avana 522 in one of the largest transactions in the region this year.

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.

Capstone Development Opens $350M Student Housing Assets

The properties include The Village Phase 2, The University of Massachusetts Boston Residence Hall and Dining Center, Vi Hilbert Hall, Montage on College and Calaveras Hall.

Value-Add University District Portfolio Commands $20M

The two student housing buildings are located on high-rise-zoned land, which is hard to find in Seattle.