TACOMA, WA-The 337-unit Lakeshore Apartments secures funds from the San Francisco-based Bridger Commercial Funding. The 10-year non-recourse loan carries a fixed rate of 6.7%.

BELLEVUE, WA-After losing the unfinished Technology Tower to creditors earlier this summer, the developer gets a two-week extension on another foreclosure deadline set for today related to property he owns along Northeast Eighth Street between 108th Avenue Northeast and 106th Avenue Northeast.

TACOMA, WA-In a petition filed this week, Tacoma Promenade accuses the Ninth U.S. Court of Appeals of ignoring its claim that the company was deprived of its right to buy city-owned land located south of the Tacoma Mall. The feud began in the early 1990s when Tacoma officials imposed certain conditions on the developer before the $8.3 million purchase could be completed.

TACOMA, WA-In an effort to facilitate the purchase of the historic Albers Mill building, city officials this week will consider floating money from their Community Development Block Grant funds. The money would be earmarked to help buy the building and assist with historic preservation costs.

SPOKANE, WA-Development, leasing and land sales at the Spokane Business and Industrial Park is seen as a positive sign for the area economy despite regional layoffs and stock market volatility, according to Crown West Realty.

BELLEVUE, WA-A publicly-traded software company, a law office and an architectural firm plan to relocate their Puget Sound offices to The Summit, the only remaining major office project currently under construction on the Eastside. Scaled back from 525,000 sf to 256,000 sf, it is slated for completion later this month and is 94% leased.

SEATTLE-The four-story, 31-unit project with ground-floor retail is located at 312 NW 85th Street in the heart of the Greenwood neighborhood. If no appeals are received by Sept. 16, the Master Use Permit for the $4-million project will be approved shortly thereafter.

BELLEVUE, WA-GE's Business Asset Funding unit inks the largest renewal in the City of Bellevue since January 2002. The building, owned by Unico Properties, remains 92% leased in a market with an average vacancy closer to 25%.