GID Acquires 524-Unit Griffis North Creek in Bothell for $195 Million in Puget Sound Multifamily Deal
•Institutional Property Advisors
Pacific Northwest CRE News
Commercial Real Estate News
Landmark Properties and CrossHarbor Capital Partners Break Ground on 2,275-Bed Student Housing Development in Eugene
•Landmark Properties
JPI and Chuo-Nittochi Group Break Ground on 257-Unit Multifamily Development in Gardena Near Los Angeles
•Chuo-Nittochi Group
Nuveen Sells Boulder Creek Apartments in Sammamish for $102 Million; CBRE's Eli Hanacek, Kyle Yamamoto and Natalie Kasper Arrange Deal
•CBRE
Institutional Property Advisors Brokers $83 Million Sale of Two Oregon Multifamily Properties
•Institutional Property Advisors
Newmark Arranges $55 Million Refinancing for Mack Real Estate Group, Silverstein Properties and Cantor Fitzgerald at Seattle's Swell Apartments
•Newmark
Derek Doke Gains Chief Investment Officer Title in Aegis Senior Living Leadership Transition
•Aegis Senior Living
DevelopmentHealthcare
Intuitive Health and Baptist Health Hardin Open 24,000-Square-Foot Combined ER and Urgent Care Facility in Radcliff, Kentucky
Intuitive Health and Baptist Health Hardin have cut the ribbon on a 24,000-square-foot, two-story combined emergency room and urgent care facility in Radcliff, Kentucky, the fourth such hybrid site in their growing regional partnership. The facility at 2763 Centennial Ave. opened to the public September 14, 2026, and operates its emergency department around the clock.
Property Transactions
Kidder Mathews Arranges $21.8M Sale of 113-Unit Multifamily Portfolio in Riverside, California
Kidder Mathews has arranged the $21.8 million sale of two adjacent workforce housing properties totaling 113 units in Riverside, California. Senior Vice President Jon Mitchell represented the seller in the transaction, which closed in approximately 60 days following a competitive marketing process that generated multiple offers.
•MultifamilyWorkforce
Property TransactionsMultifamilyMixed Use+1
Decron Properties Acquires 5550 Wilshire in Los Angeles for $114 Million
Decron Properties has acquired 5550 Wilshire, a 163-unit mixed-use apartment community in Los Angeles' Miracle Mile district, for $114 million. JLL's Blake Rogers represented both buyer and seller in the transaction, which marks Decron's first acquisition in nearly two years.
•Decron
Property TransactionsMultifamily
Hamilton Zanze Expands HZ Evergreen Fund to 12 Properties With Eugene, Fredericksburg Additions
Hamilton Zanze has contributed two multifamily communities — Ecco Apartments in Eugene, Ore., and The Kingson in Fredericksburg, Va. — to its HZ Evergreen Fund, bringing the portfolio to 12 properties across six states. The fund's net asset value now exceeds $340 million, with gross asset value surpassing $800 million.
•Hamilton Zanze
More News
Property TransactionsLand
Xtra Lease Pays $9.8 Million for 9.1-Acre Industrial Site in Puyallup, Washington
Xtra Lease, a national semi-trailer rental and leasing company, has purchased a 9.1-acre industrial land parcel in Puyallup, Washington, for approximately $9.8 million. The acquisition at 16205 110th Ave. E. expands the company's existing Seattle-Tacoma presence and is intended for the company's own operational use.
•Kidder Mathews
DevelopmentMultifamilyWorkforce+1
The Pacific Companies Opens 193-Unit Denton Street Apartments on Boise Bench With Idaho Housing and Finance Association, City of Boise Support
The Pacific Companies has completed Denton Street Apartments, a 193-unit income-restricted multifamily development at 6160 W Denton St in Boise's Boise Bench neighborhood. The $74.5 million project was financed through a public-private capital stack including Low-Income Housing Tax Credits, Idaho Housing and Finance Association workforce housing funds, and nearly $7 million from the City of Boise.
LeasingMixed UseRetail
Popup Bagels to Open First Arizona Location at Gilbert's Heritage Park as Five Tenants Join Mixed-Use Project
Heritage Park, a mixed-use development rising at the northern gateway of Gilbert's Heritage District, has announced its first five tenants, headlined by Popup Bagels' inaugural Arizona location. The project, situated at Gilbert Road and Juniper Avenue, is targeting early second-quarter 2027 openings for its retail and restaurant component.
•Creation
Property TransactionsMultifamily
Griffis Residential Completes Sale of 524-Unit Griffis North Creek in Seattle Metro
Griffis Residential has completed the sale of Griffis North Creek, a 524-unit multifamily community in Bothell, Washington, through its Griffis Premium Apartment Fund IV. The Denver-based firm reported 50% NOI growth at the property, driven by capital improvements and operational initiatives.
•Griffis Residential
DevelopmentStudent Housing
Cardinal Group Development and PGIM Break Ground on Three Heyday Student Housing Projects Totaling 1,500+ Beds
Cardinal Group Development and PGIM have closed financing and broken ground on three student housing developments under the Heyday brand, delivering more than 1,500 beds near major university campuses in South Carolina, Illinois, and Oregon. The projects expand the firms' joint development pipeline as national student housing occupancy hovers near cyclical highs.
•Cardinal Group Companies
FundraisingAffordable
CIM-BGV Impact Ventures Affordable Housing Fund Surpasses $370 Million After Fifth Third Bancorp, Truist and Flagstar Commitments
CIM-BGV Impact Ventures has grown its Affordable Housing Impact Fund to more than $370 million in investment capacity following a new commitment from Fifth Third Bancorp and increased commitments from Truist Bank and Flagstar Bank. The fund, managed through a partnership between CIM Group and Bryant Group Ventures, targets affordable housing acquisitions and ground-up development across several major U.S. markets.
•Bryant Group Ventures
Property TransactionsHospitality
Wassamki Springs Campground Sells for $6 Million as William A. Hillock Corp. Exits Generational Maine Asset
William A. Hillock Corp. has sold Wassamki Springs Campground, a 77.82-acre, 261-site seasonal property in Scarborough, Maine, to out-of-state buyer Wassamki Springs Campground, LLC for $6 million. The Boulos Company brokered the transaction through a confidential, targeted sales process.
•The Boulos Company
DevelopmentMultifamily
Republic Properties Tops Out $260 Million Multifamily Tower at Southwest D.C.'s Portals Development
Republic Properties Corporation marked the topping out of 1301 Maryland Avenue SW, a 356-unit luxury residential tower in Southwest Washington carrying a $260 million total development cost. Kennedy Wilson and Pearlmark provided $195 million in construction financing arranged by CBRE, with leasing set to begin spring 2027.
•Republic Holdings Corporation
LeasingIndustrial
Palmer Donavin Signs 225,000-SF Build-to-Suit Lease at Falls Lake Industrial Park, Represented by Newmark
Palmer Donavin, a building materials distributor and door fabricator with more than 120 years in business, has signed a 225,000-square-foot build-to-suit lease at Falls Lake Industrial Park in Butner, North Carolina. Eric Shea and Doug Brock of Newmark represented the tenant in the transaction.
•Trinity Capital Advisors