SEATTLE, WA-Through a combination of debt and equity offerings, the self-storage REIT raised $275 million to be used toward payment of a $161-million line-of-credit and a $122.8-million secured-debt obligation.

SEATTLE, WA-The former multifamily loan production officer for Fannie Mae's western Region has been promoted to HomeStreet's new position of vice president and manager of correspondent lending.

SEATTLE, WA-Earthquake damages have initially been estimated at $2 billion, but the damage to buildings is for the most part relatively minor. Experts give credit to seismic retrofitting and strict codes on newer structures.

SEATTLE, WA-Hyatt Hotels Corporation today confirmed earlier reports of a joint venture with R.C. Hedreen on The Elliott, a $140 million super-luxury hotel scheduled for completion in June.

KENT, WA-The four-building campus, purchased by its current owner for just over $5.35 million in May 1999, was put on the market four months ago with a list price of $8.5 million.

SEATTLE, WA-A state of emergency has been declared in the State of Washington as it assesses the damage and copes with the aftermath of a 6.8 earthquake centered 11 miles northeast of Olympia and 35 miles below ground.

SEATTLE, WA-Approximately 600,000 sf of the 700,000 sf waterfront technology campus have been leased or sold. The first two buildings, totaling 105,000 sf, opened with full occupancy, except for 10,000 sf of the project's only retail space.

SEATTLE, WA-Having been selected while still in development as one of the "Leading Hotels of the World," the $140 million super-luxury hotel would give Hyatt a smashing entrance into the Seattle market.