Seattle

Condo Prices in Three Major Cities Saw Notable Increases

One West Coast city hit record pricing in August 2015.

Mayor Ed Murray

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.

Fundrise Funds Fourth Project in Hot Seattle Market

The country’s first online marketplace for real estate investment partnered with Pryde+Johnson to provide funding for a new Class A boutique apartment property.

DEAL OF THE DAY: Corporate Housing JV Enters Pacific Northwest

The Oakwood and Mapletree joint venture continues its buying spree.

Enterprise Community Investment Marks 2,000th LIHTC Investment

Cheryl Chow Court, located in the Ballard neighborhood of northwestern Seattle, offers 50 studio and one-bedroom affordable apartments for formerly homeless and low-income seniors in an area undergoing a boost in development of luxury, market-rate apartments.

TODAY’S DEALS: Vulcan Cashes Out in South Lake Union

Vulcan announces its third South Lake Union sale this month; Greystar and The Carlyle Group sell an Austin asset; and The Preiss Co. acquires student housing.

TODAY’S DEALS: Vulcan Completes Another South Lake Union Sale

J.P. Morgan grabs a mixed-use asset from Vulcan; Gebroe-Hammer brokers the $36 million sale of a New Jersey asset; and Hunt Mortgage refinances two multifamily properties.

TODAY’S DEALS: Stockbridge Makes a Statement in Seattle

Vulcan sells a LEED Gold property for $138.2 million in Seattle; Hunt provides $8.4 million for an Orlando acquisition; and Greystone closes the first Fannie Mae M-PIRE mortgage loan.

Waterton Re-Enters Seattle Market with Martha Lake Apartments Purchase

Waterton Associates purchases the 155-unit garden-style apartment community situated about 15 miles from downtown Seattle.

TODAY’S DEALS: Canyon Capital Provides $124M Senior Construction Loan for Miami Development

Canyon Capital Realty Advisors has provided $123.6 million for a 57-story luxury residential condominium development in the heart of Miami’s Financial District; and NorthMarq Capital’s Seattle office finalizes two multifamily transactions totaling $52.709 million.