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Commercial Real Estate Direct Staff Report Spokane Indian Housing Authority has paid $53.3 million, or $266,500/unit, for the 200-unit Waterford Apartments in Everett, Wash., about 23 miles south of Seattle. The Wellpinit, Wash., housing agency purchased the property from an ...
The downtown Seattle office sector has overtaken San Francisco as the worst in the country, in terms of vacancy. That could pose a risk for CMBS loans that are coming due or have matured and remain unresolved.
Bloomberg Spear Street Capital has agreed to pay about $280 million, or $296.61/sf, for U.S. Bank Center, a 944,000-square-foot office property in Seattle. The San Francisco investor would be acquiring the property from Blackstone, which bought it in 2019 for ...
Commercial Real Estate Direct Staff Report Braven Office Commons, a 749,694-square-foot property in Bellevue, Wash., has been placed on the sales block by its receiver as its foreclosure process begins. Eastdil Secured has been tapped to market the property, at ...
Northeast Building LLC has paid $76.5 million, or $287.08/sf, for Gateway North, a 266,476-square-foot industrial property in Tukwila, Wash., a southern suburb of Seattle. The Kirkland, Wash., developer, a unit of Matthew G. Norton Co., which specializes in the ownership ...
The venture of Rabina and New Blueprint Partners that's developing the VIC apartment property in Vancouver, Wash., has lined up $75 million of construction financing for the 250-unit project. The loan was arranged by JLL Capital Markets. The apartment property is ...
Walker & Dunlop provided a $37.8 million Freddie Mac loan to facilitate the purchase. The Milehouse, at 8300 160th Ave. NE, was built in 2015 and was renamed Bell River Trail. The property has studio, one-, and two-bedroom units that ...
Puget Sound Business Journal Premier Storage Investors has paid $51 million, or $51,000/unit, for West Coast Self-Storage, a 1,000-unit property in Bellevue, Wash. The Memphis, Tenn., company acquired the self-storage facility from its developer, Commune Capital of Westlake Village, Calif. ...
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