Development

While investors are increasing their exposure to senior housing, high operating costs are a top concern.

Construction has commenced on a fully entitled class-A office development site just minutes from downtown Sunnyvale near transit in one of Silicon Valley's most active submarkets.

Apartment rents increased .06% year-over-year in June and were flat month-over-month.

An affiliate of Mosaic Real Estate Investors provided BPM Real Estate Group with $460 million in senior construction financing for a 1-million-square-foot mixed-use development in downtown.

The opening will include the launch of the mall's indoor Nickelodeon Universe Theme Park and DreamWorks Water Park—16 acres of fully enclosed family amusement experience; Big SNOW Ski and Snowboard Park – North America's 1st indoor snow sports center; the Ice Rink—a NHL‐size skating and hockey facility and Angry Birds 18‐hole Miniature Golf experience.

A 38,934-square-foot half-block in downtown Seattle adjacent to Amazon's headquarters recently sold totaling a land value of $60 million, amid plans for a mixed-use multifamily development.