West
LMC Tops Off Pair of Seattle Communities
Valdok, a seven-story, 178-apartment community, is located in the city’s Ballard neighborhood. Axle, an eight-story, 226-unit community seeking LEED Gold certification, is situated in the city’s Interbay community.
Security Properties’ Seattle Sale Completes 1st Fund
700 Broadway, a mixed-use property in Capitol Hill, marked the last of 17 assets that comprised the firm’s first closed-end discretionary multifamily real estate fund.
Robust Development, Insatiable Demand in Seattle
The city has been one of the strongest rental markets during the current cycle. Over the last five years, average rents have risen nearly $500 to $1,770.
Western National Begins Construction of Luxury CA Development
The company has started building its 11th property in Brea. Calligraphy, a 206-unit community, is expected to be completed in early 2019.
Passco Adds New Acquisitions VP in Denver
With nearly 20 years of industry experience, Brett Johnson will be responsible for sourcing and acquiring multifamily investments.
$120M Senior Housing Opens in LA
C.W. Driver developed Fountainview at Gonda West, a 460,000-square-foot development in Playa Vista that will serve more than 250 seniors with a full range of active living, healthcare and in-home services.
NASA Seeks Developer for 1,930 Silicon Valley Units
In partnership with the U.S. General Services Administration, NASA intends to build a massive community on 45 acres near Moffett Field, Calif. The project will also include 100,000 square feet of retail space.
Wendy Forsythe to Join HomeSmart as COO
The real estate veteran used to serve as president of the brokerage division of T3 Sixty, one of the largest management consulting companies in the residential real estate industry.
Rents Rise Despite Surging Deliveries in Denver
Growth has cooled since the metro was among the nation’s leaders in appreciation, but rents are now increasing at a more sustainable pace.