Seattle

With the acquisition of Modera, RISE now owns a total of 12 assets in the Puget Sound area, and plans to make technology upgrades and transition Modera property management to Thrive Communities.

Sound West Group and Securities Veteran Greg Genovese recently launched a new company focused on qualified opportunity zone funds and GlobeSt.com caught up with him to discuss more behind that decision and on why project-oriented funds specifically, among other things.

The multifamily industry has been much slower to adopt this technology, reluctant to make the investment when predicting the ROI is challenging, but this is starting to change in new construction.

The property at 4634 East Marginal Way is 94% leased to a variety of tenants, including ride-sharing giant Uber's Greenlight, a hub designed to provide in-person support to drivers.

The two hotel properties, constructed in 2007 and 2008, sit on 4.5 acres and feature a total of 212 units.

Even with moderate outdoor temperatures, infrared imaging shows dynamic glass reduces surface temperatures by 10 to 15 degrees on seats, carpets, passenger clothing and skin.