The on-demand platform will double the capacity of its US network by the end of this year.

The developer acquired a 40,888-square-foot land site in Downtown Bellevue for the project.

Attendees at the 2022 Housing California Conference explored housing models, inclusionary practices, government programs, energy incentives and more in an effort to address the affordable housing crisis facing California and the rest of the United States.

H.I.G. Realty Credit Partners originated the loan for the acquisition of the five-property, 4,000-unit portfolio.