Seattle

Properly utilized the CRA is an effective tool for lenders to help address the housing affordability crisis, not only in booming metropolitan areas like Seattle, but also in areas of the country that desperately need institutional investments to re-vitalize their communities.

The Summit, located just one block north of the existing Arch building in the heart of downtown, will double the footprint of the convention center when it opens for business in 2022.

With a rate of 63.1%, Seattle has the most educated workforce in North America of residents older than 25 holding a bachelor's degree or higher and ranks second for tech talent only behind the Bay Area.

WeWork has emerged as the clear front runner in coworking and is also a top tenant in some of the largest loans securitized in CMBS deals, according to Kroll Bond Rating Agency.

The value of a multi-tenant office asset, $58.75 million, created significant bidding depth and a lease for the remaining vacancy was negotiated with WeWork during the marketing process, bringing the tenancy to 100%.

The Dow Hotel Company plans to further expand its portfolio of hotels in markets with barriers to new entry and demand drivers such as in Seattle at a time when dozens of new hotels have opened in the past few years.

Staggering rent growth and no impact on leasing velocity illustrate strong fundamental health for many of the top-performing universities and the student housing properties surrounding them.

The local job market and Seattle's appeal to Millennials are the two pillars that will continue to support the extraordinary demand for rental housing in one of the most active US multifamily markets.