More Households Relocating Closer to Single-Family Construction
Movers During the Pandemic Have Favored Areas With Active Home Construction and Fewer Apartments
The pandemic intensified some preexisting migration trends, including one with a link to multifamily investment: People moving during the worst part of the pandemic were drawn to m...
High-End Condos Set To Open Doors on Seattle Waterfront
Project Survived COVID Lockdowns, Bridge Closure
A high-end condominium project in Seattle is set to open its doors to potential buyers, testing the region’s market for luxury residences after a two-year construction period marke...
Seattle Apartment Market Shows Signs of Cooling
Supply Momentum Collides With Weakening Demand; Construction Starts on Track for Slowest Quarter in 10 Years
The Seattle multifamily market, long one of the hottest on the West Coast, appears to be cooling, with numerous metrics showing an in-process collision between supply and demand as...
New Owner Plans To Start Fresh on Large Seattle Apartment Project
Oregon Buyer Envisions About 400 Units in Central District
A Portland, Oregon-based buyer is starting from scratch on plans for a significant development on the shoulder of downtown Seattle, but it still intends to place multifamily units ...
California Developer Moves Ahead on Apartments in Greater Seattle Tech Hub
Legacy Partners Plans Eight-Story, 288-Unit Development in Bellevue, Washington
A California investor is moving ahead with a transit-adjacent apartment development in one of greater Seattle’s hottest tech hubs.
Colliers Appoints New Market Lead for Seattle
Canadian Firm Hires Kidder Mathews Broker to Lead Puget Sound
Brokerage Colliers has appointed a new managing director for its operations in the Puget Sound region, an area including Seattle and nearby cities.
Skanska's New Seattle Tower Aims to Honor Area's Recording Studio Heritage
Belltown Project To House Band Rehearsal Space
Skanska's start on a multifamily project in Seattle’s Belltown neighborhood pays homage to prominent local recording studios that once occupied the property.
Trammell Crow Breaks Ground on Seattle Life Science Building
Half-Leased Project Adds to Growing List of Biotech Projects Underway in City
Trammell Crow says it has broken ground on a life science tower on the shoulder of Seattle’s South Lake Union tech hub and has a significant tenant already signed.
Vancouver's Largest Suburb Restarts Experiment With Self-Run Developer
Surrey's Publicly Owned Development Corporation's Targets To Include Housing, Life Sciences Projects
British Columbia’s second-largest city is restarting an unusual development experiment, with an eye on housing and life science projects in the city center.
Seattle Industrial Sales Hit Pandemic High
With Weeks Remaining in Year, Annual Sales Volume Nears Strongest Quarter on Record, Powered by Deals That Had Already Locked in Financing
With weeks left to go before the end of the quarter, Seattle’s fourth-quarter industrial property sales are already in record territory, posting the strongest quarterly total sinc...
Seattle Office Project Lands Financing Despite Downturn in Demand
Seattle Office Project Lands Financing Despite Downturn in Demand
A new construction office project has secured financing in a hip Seattle neighborhood despite signs of lagging demand in the region’s office sector, signaling that at least some of...
Greystar Targets Portland, Oregon's Urban Core for Apartments
Positive Development Sign for City Where Demand Slowed in Pandemic
The nation’s largest apartment builder is targeting downtown Portland, Oregon, for a two-block project, the biggest to get underway in that area this year and a bright sign for the...
Seattle Industrial-Area Portfolio Notches Steep Price Increase
Price Paid by Local Investor a Bright Sign for City’s Industrial Area
A mixed flex-and-industrial portfolio in Seattle saw its main property triple in value over the course of just a two year hold, a bright sign for the city’s SoDo district and the l...
BH Properties’ New Seattle Managing Director Trades Surf for Snow
Southern California Native Opens Northwest Outpost for LA Investment Firm
Hughes McLaughlin traded the waves for the ski slopes when he moved to the Pacific Northwest more than 20 years ago, but the California native and former Cushman & Wakefield senior...
Owner Financing Gains Traction Among Washington State's Multifamily Sellers
Despite Strong Third Quarter, Report Finds Openness Tool As Deal-Making Gets Tougher
Multifamily sales in the rural eastern half of Washington State experienced a strong third quarter, according to a recent report, which also noted a new openness on the part of sel...
Choice Hotels Advances Plan for Downtown Portland Location
Demolition OK'd for Site in City’s Pearl District
Downtown Portland is on track for one of its most significant groundbreakings since the start of the COVID-19 pandemic, a positive development for the city, which has struggled wit...
Sares Regis Adds to Portfolio with Suburban Seattle Multifamily Purchase
Garden-Style Property Notches Price Below Newer Properties
A garden-style complex outside of one of Seattle’s top tech clusters was sold this week, securing a price that put it slightly below average in an area that saw several sales appro...
Grosvenor Taps Vancouver Lead for New Seattle Development Initiative
London-Based Firm Names Canadian Business Leader To Find Projects in Emerald City
Grosvenor, the large London-based real estate investment and development firm, is tapping the head of its Vancouver, Canada, development operations to lead an expansion into anothe...
The Price of Fresh Powder: Jackson Hole Lodge Lists for $1.2 Million Per Key
Owners of Ski-In, Ski-Out Lodge Aim for Market-Beating Price
The family owners of a mountain lodge in Wyoming’s famous Jackson Hole are wagering its unique location will help secure it a price well above market rate in the famous resort comm...
Pandemic Reduced US Commute Times as Much as 20%
Large Cities Post the Biggest Declines, Led by San Francisco and Washington
The sight became a familiar one in many American cities during the worst months of the pandemic: Once bustling streets were devoid of traffic as fewer people traveled to offices am...