Seattle

The multifamily market in and around the Seattle MSA continues to reach new heights for both rent levels and values, and there are more dollars than deals, say Berkadia brokers for a recent Renton deal.

James Wong, co-founder/CEO of Vibrant Cities, and Bob Tiscareno, principal/founder of Tiscareno Associates, recently shared insights on Infinity Shore Club Residences in this EXCLUSIVE.

The single-tenant net-lease asset investor was an all-cash Southern California-based 1031-exchange buyer that owns several At Home locations as well as other commercial real estate in the Spokane trade area.

Jeff Lyon announces that Kidder Mathews will complete its three-year succession plan with the promotion of the firm's president and COO, Bill Frame, to CEO on July 1, 2020, and Lyon will remain chairman.

A community's keys to success are walkability, abundant retail, restaurant and recreation options, and the quality of schools, interior flow and finish, amenities and management.

Some $100 billion was poured into the asset class during the past decade, which has been matched by a technical shift and major influence by cloud platform providers–Amazon, Google and Microsoft.

The .75 acre site is just blocks from the main entrance to the University of Washington and its historic Greek row, and will become home to a new multifamily community to serve University of Washington students.

The significant liquidity provided to Gemini Rosemont through this transaction will be used to acquire additional class-A assets in coastal and tech-centric markets in keeping with its acquisition mandate.