City: Shoreline

Pacific Western Lends $85Mln for Construction of Seattle-Area Apartments

by Dan Moynihan

April 25, 2022 in West

Daily Journal of Commerce Pacific Western Bank has provided $85 million of financing for the construction of the 252-unit Ion apartment property in Shoreline, Wash. CBRE arranged the financing. AAA Management of San Diego is developing the property at 345 ...

Paceline

by Dan Moynihan

March 21, 2022 in

An affiliate of Rush Cos. of Gig Harbor, Wash., sold property, which is encumbered by a $49.1 million Fannie Mae loan that's securitized through FNA, 2019-M17. The loan, which Kennedy Wilson is assuming, pays a 3.33 percent coupon and matures ...

Kennedy Wilson-Led Group Pays $264Mln for Apartments in Idaho, Washington and New Mexico

by Dan Moynihan

March 8, 2022 in General News

An investment group led by Kennedy Wilson has paid $264 million for three apartment properties with 905 units in Idaho, Washington and New Mexico. The Beverly Hills, Calif., investment manager owns a 50 percent stake in the group, which had ...

2 Affordable-Housing Properties Planned Near Seattle

by Dan Moynihan

May 4, 2021 in West

Puget Sound Business Journal TWG is planning to build a pair of affordable-housing properties totaling 375 units in King County, Wash., about 12 miles from Seattle. The Indianapolis developer expects both projects to be completed by mid-2023. Units will be ...

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