Mill Creek, WA Real Estate and More

Everett “strong fundamentals” cited in $82.7 million apartment complex deal

EVERETT– A Seattle real estate investment firm says “Everett’s strong fundamentals” propelled its decision to ink an $82.7 million deal to buy Canopy Apartments, a 336-unit complex on 112th Street SW. Timberlane Partners acquired the 16-acre property of one-, two-, and three-bedroom units in between Evergreen...

Everett, WA · 8h

425magazine.com

Everett’s 336-Unit Canopy Apartments Sell for $82.75M

Timberlane Partners, a Seattle-based alternative-investment manager focused on multifamily real estate, announced today that it has purchased a 336-unit garden-style apartment community in Everett for $82.75 million. Timberlane acquired the Canopy Apartments, located at 923 112th St. SW, in partnership with EOS Residential Investors, a New York-based investment firm. Canopy...

Everett, WA · 2d

MyNorthwest.com

‘They no longer have a place to rent’: Jake warns of unintended consequences as Tacoma voters favor stronger tenant protections

Tacoma’s Safe Homes for All initiative led in early election returns with more than 60% support, putting the city on course to expand enforcement of tenant protections. The measure would establish rental licensing, increase penalties for violations, and require landlords to bargain in good faith with tenant unions. The...

Tacoma, WA · 5h

islands.com

Salt Lake City Gen Zers Are Moving To This Pacific Northwest Haven Known As 'Mother Nature's City'

Salt Lake City may be among the most popular metro areas for Gen Zers who want large homes, high-paying jobs, and plenty of outdoor adventures. But young adults born between 1997 and 2012 aren't afraid to cross state lines in search of new places to call home. In fact, they're doing it more than any other generation. And according to U-Haul's 2026 Midyear Migration Trends report, many of them are making the 13-hour drive straight to Seattle, Washington. For nature lovers, this Pacific Northwest haven offers a similar combination of bustling city life and the great outdoors.

seattlemedium.com

The Changing Face Of Black Seattle: Displacement Reshapes The Central District And South King County

Seattle’s historically Black Central District has undergone a dramatic demographic transformation, with its Black population declining from roughly 70% historically to just 11% by 2020, according to figures cited by Dr. Tim Thomas, a researcher who has studied housing discrimination, gentrification and displacement. For decades, the Central District served...

partner publisher · 51.7K followers

Reasoncom

Seattle's Newest Progressive City Councilwoman Wants To Make Building Easier

In Seattle's only city council election this year, voters in District 5 elected progressive urbanist Nilu Jenks over moderate Julia Kang, according to The Seattle Times. Jenks' victory may be an unexpected win for both homebuilders and renters. Much of the campaign centered on public safety, affordability, and city taxes....

Seattle, WA · 5h

southsoundbiz.com

Covington to Get New Residential Urban Village

A new housing community is coming to Covington. Designed by Brookfield Residential and Toll Brothers, Inc., the urban village-style LakePointe community will spread across 210 acres with 1,750 homes and 1.35 million square feet of commercial space up to lease. Homes are planned to go on sale sometime in mid-2027.

Covington, WA · 1d

connectcre.com

Weidner Apartment Homes Acquires Kirkland Retail Site

An entity affiliated with Weidner Apartment Homes has acquired a retail property in Kirkland that was rezoned last year for dense mixed-use development. The Kirkland-based multifamily investor, headquartered next door, bought the 1.26-acre site at 9755 Juanita Drive NE for $8.5 million in a sale that King County recorded last week, reported the Puget Sound Business Journal. Dylan Simon, Jerrid Anderson and JD Fuller of Kidder Mathews represented the seller. The team of brokers received six competitive offers for the site. They also sourced the buyer.

Kirkland, WA · 2d

hoodline.com

Martin Selig Restructures Nearly $500M in Seattle Office Debt, Eyes Exit From Receivership

Martin Selig Real Estate has completed loan modifications totaling nearly $500 million across 12 downtown Seattle office buildings, a restructuring that is set to pull nine of those properties out of receivership. The agreements cover roughly 2.2 million square feet of office space, including the company's own Second Avenue headquarters, at a moment when the 89-year-old developer's once-dominant local footprint has been battered by years of rising vacancy and falling revenue.

westseattleblog.com

BIZNOTE: Our area will soon have one laundromat left, with West Seattle Coin Laundry closing

6:35 PM: Bad week for customers of West Seattle cleanliness businesses. Back on Monday, we reported on the shutdown of Car Wash Palace at 35th/Graham; now a closing date is posted for West Seattle Coin Laundry in Admiral Junction. Here’s their sign explaining the plan to close November 15:

partner publisher · 56.1K followers

Willow and Hearth

22% Of Sellers Have Cut Their Asking Price In The Highest Share Redfin Has Ever Recorded, And Pending Sales Fell In All 50 Of The Biggest Metros

More than one in five home sellers has had to admit the price was too high. And Redfin says that share has never been bigger. In the four weeks ending […]

425magazine.com

Report: Condos’ Median Price Lowest Since Early 2023; Home Inventory Near 12-Year High

Condominium buyers in the 27-county area covered by the Northwest Multiple Listing Service paid a median price of $435,000 in October, the lowest since February 2023 and down 13% from a year ago, NWMLS said Thursday in its latest monthly housing report. Median condo sales prices in King and Snohomish...

King County, WA · 8h

connectcre.com

Recent Signing Brings Seattle Office Building to 96% Occupancy

The Swig Company’s Lake Union Building in Seattle now stands at 96% occupied after a recent lease agreement with an unnamed private equity firm for 5,000 square feet. Only one 3,800 square feet space remains on the building’s newly remodeled fifth floor. Located at 1700 Westlake Avenue N...

MyNorthwest.com

‘Last place you want to go is government housing’: Curley warns about Tacoma’s direction after tenant measure vote

Tacoma voters backed a sweeping tenant rights measure on Election Night. KIRO host John Curley said the people who wrote it see it as a first step toward something he thinks renters should be wary of: government-owned housing. Curley, host of “The John Curley Show” on KIRO Newsradio, reacted a...

Tacoma, WA · 1d

425magazine.com

partner publisher · 1.3K followers

Fragrance Boutique Planned for New Downtown Kirkland Condo Development

A niche fragrance boutique has signed a lease to open at the Central Peak Residences condominiums under construction in downtown Kirkland, the housing project’s developer and shop’s founder announced Tuesday. The Drydown, which was founded in Carlsbad, California, by University of Washington alumna and Seattle-area native Shaya Assareh,...

Kirkland, WA · 2d

Realty Today

Zillow October Data: Pending Sales Post Steepest Annual Drop Since 2023 as Rates Entrench Above 7%

The numbers that came out of October's housing market are stark. Newly pending listings fell 16.8% year over year last month, the largest annual decline since August 2023 and the slowest October for contract signings since 2018, according to Zillow's October Market Report published Thursday. The culprit is not mysterious: mortgage rates averaged 7.33% across the month, up nearly half a percentage point from September, and the resulting spike in monthly payment obligations stopped a substantial share of would-be buyers in their tracks.

westsideseattle.com

West Seattle Car Wash Palace closes as property hits market for redevelopment

The self-service Car Wash Palace at 6301 35th Ave SW in West Seattle permanently shut down operations on November 2, 2026. The property, owned by JTV Legacy Holdings LLC, carries an appraised value of $1,492,700. The lot has been taped off and the washing bays are closed as the site goes on the market as a potential redevelopment opportunity.

Seattle, WA · 3d

hoodline.com

Morgan Stanley Unit Drops $87M on Othello Apartments as Seattle Rentals Tighten

A 359-unit mixed-use building next to the Othello light rail station in south Seattle has sold for $87.3 million, landing at roughly $243,293 per unit. The buyer is Eaton Vance, a Boston-based investment firm owned by Morgan Stanley, which acquired the Assembly118 Apartments at 4200 S. Othello St. from Vancouver, British Columbia-based developer Woodbridge Northwest.

connectcre.com

Martin Selig Real Estate Restructures $500M in Debt for Seattle Office Buildings

Martin Selig Real Estate has completed loan modifications totaling nearly $500 million for 12 Seattle office buildings. Newmark leases the portfolio, with a team led by Executive Managing Directors Cavan O’Keefe and Jesse Ottele and Director Brody O’Keefe, working with Martin Selig Real Estate’s Leasing Director Michael Brixner. “These modifications send a clear signal to the market that these assets are actively competing for tenants,” said O’Keefe.

Seattle, WA · 3d

bellevuedowntown.com