Seattle

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News

Northstar Commercial-Integrity Trust Launch $125M Fund

John Jordan |

The fund, structured as a REIT under a 506(c) designation, is an evergreen fund focusing on 75% value-add, and 25% cash-flowing commercial real estate investments in primarily Western growth markets, including but not limited to Colorado, Utah, Texas, Arizona, New Mexico and California.
Features

Renter Reviews Go Right Down the Middle, Mostly

Lisa Brown |

The most negative reviews were found in Washington and Oregon, with average ratings of 2.1 and 2.3 respectively, but nationwide, the average reviews sit right in the middle of the scale at 3.2, says Rent.com.
Features

2+U Brings in the Big Hitters with Dropbox Lease

Lisa Brown |

Development and construction firm Skanska engaged community stakeholders in the planning stages of 2+U to create a building that adds immediate value to tenants and the surrounding community.
Features

Growth Path Boosts South Snohomish Investor Appeal

Lisa Brown |

Affluent cities in South Snohomish have become an attractive alternative to Bellevue, pushing multifamily rental rates and pricing for newer construction such as the $58 million sale of Altia.
News

Common Announces Coliving Expansion to Philadelphia

Steve Lubetkin |

Common says $100 million in new coliving developments are coming to Philadelphia, the first in partnership with Elk Street Management.
News

MetLife CRE Investments Exceed $91B Market Value

Steve Lubetkin |

The increase in market value of MetLife's CRE investments is being driven by strong activity throughout North and South American, European, and Asian markets.
News

Largest Single Asset Trade Hits Seattle Record Books

Lisa Brown |

Troy Block, two newly constructed class-A office towers, has sold to a private high net-worth family office, representing the largest single asset trade by volume in Seattle history, according to HFF.
Features

Funding of Nearly $100M Gets Portfolio Over the Finishing Line

Lisa Brown |

A $97.85 million Fannie Mae credit facility provided Investors Capital Group LLC with permanent fixed-rate acquisition financing for five multifamily assets in four western states: Washington, Idaho, Utah and Arizona.
Features

Entry Level, Affordable Housing is Rare Commodity

Lisa Brown |

Magma Equities recently completed a condominium conversion of the Slater, including five homes permanently designated as affordable housing for residents earning less than 80% of the area’s median income.
Features

Acquisition Sets Record Per SF Pricing for Micro-Units

Lisa Brown |

Micro-unit dwellings and co-living space represent a big part of the future for the multifamily industry, especially in urban markets where there is a significant live-work-play appeal but yet people are being priced out.

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Resources

Can Artificial Intelligence Really Predict When a Tenant is About to Leave?

From Okapi

Artificial Intelligence (AI) is transforming what’s possible in CRE. Learn how this innovative technology is allowing property managers to predict a tenant’s behavior, streamline resources, and reduce costs.

Download Resource ›

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