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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.
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.
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.
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.
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.
Investors have shown strong interest in Federal Way and the surrounding South King County locations, not only driven by the growth of the Seattle core but also Kent Valley, the Port of Seattle and Tacoma.
Flexible accommodations firm Stay Alfred can market vacant units as short-term rentals to provide an authentic, upscale living experience in 30 urban downtowns, GlobeSt.com learns in this <b>EXCLUSIVE</b> .
Knock focuses on building a CRM and analytics platform to minimize tenant turnover and maximize NOI in this competitive environment, and recently raised $10 million in Series A funding to fuel growth.
Now selling from $598,880, Ravenna88 will be located just 6 miles north of Seattle's central business district, 2 miles from the University of Washington, 5 miles from South Lake Union and near Interstate 5.