Seattle
Strata Wins Financing for Major Seattle-Area Apartment Acquisitions
The company obtained more than $100 million to finance its Seattle-area portfolio.
Bellevue Acquisition Expands Grosvenor’s Holdings
A Puget Sound townhome community recently traded hands in a deal estimated at around $40.2 million.
Downtown Seattle Asset Refinanced as N.W. Rise Continues
Berkadia continues to be one of the most active financing provider in the Pacific Northwest.
High-Flying Seattle Submarket Adds More Residences
Work has begun on Presidio’s new single-family community in Issaquah, WA.
Pacific Northwest Properties Continue to Draw Investors
A Tacoma area apartment community was recently snapped up by a new joint venture.
Residential Community Doubles in Value in Three Years
Hardly a surprise with Portland’s multifamily market leading the nation in terms of rent growth.
Seattle Project Gets a Head Start on New Affordability Agenda
As Seattle struggles with housing affordability issues, Mayor Murray is striving to put in place legislation.
Othello Partners Awaits Design Review on New Rainier Valley Residential Project
Local developer Othello Partners is once again looking to develop a residential complex, in the vicinity of another high-profile project that the company debuted two years ago. Station at Othello Park was in itself an ambitious project, announced and developed in a time of uncertainty for the national residential market. Now the company will follow the Station with its new, Othello Station North.
Development Slate: Amazon Makes Changes to Denny Triangle Spheres, GIS Rekindles Hotel-Condo Project and Belltown Site Trade Hands
Recent news regarding a number of new or resurrected projects have energized an already exciting development scene as Seattle is seeing large projects continue to take the stage in its downtown area. As Amazon continues to modify its artsy spheres, two high-rise projects promise to make their mark on the city’s skyline, as a mixed-use tower project emerged from the shadow of the economic downturn, and a brand new project might be on its way in Belltown after a development site recently traded hands.
Apartment Building Trade in Seattle’s Upscale Queen Anne Breaks Record
Recently, the sale of a small apartment building in Seattle’s upscale Queen Anne neighborhood set a new high for properties with fewer than 100 residential units.
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