Mike Crapo

$124M Salt Lake City Project Starts Construction

A joint venture between The Domain Cos. and Giv Development broke ground on The Exchange, a mixed-use development with 412 residential units and more than 14,000 square feet of retail space.

FPA Multifamily Trades Seattle-Area Asset for $71M

The transaction marks the buyer’s second acquisition in the Federal Way submarket in the past 12 months, bringing the firm’s Seattle-area portfolio to more than 600 units.

Employee Recruitment

National Multifamily Report – March 2019

Rents increased by $4 to $1,430 over the previous month, but year-over-year growth dropped by 20 basis points to 3.2 percent, according to a Yardi Matrix survey of 127 markets.

Multifamily San Jose Report – Winter 2019

Bolstered primarily by the tech sector, San Jose’s employment growth has been solid, hovering around the 3.0 percent mark all year long and hitting 3.3 percent last September.