The Snohomish City Council recently passed a resolution to temporarily defer property taxes on the value of certain multifamily construction in the city's Pilchuck District to spur mixed-use housing.

Record-low vacancy rates, more cost-effective rents, better commuter resources and access to top-tier talent are factors that influence companies such as Alibaba, Microsoft, REI and Facebook to expand their footprint in Bellevue and the up-and-coming Spring District.

The Pierce County market continues to generate high demand from tenants. In the fourth quarter, 94% of new supply was in the Pierce County market.

Instead Amazon “will proceed as planned in Northern Virginia and Nashville, and we will continue to hire and grow across our 17 corporate offices and tech hubs in the U.S. and Canada,”

Located at 39th and Othello, the project will be seven-stories and approximately 230,000 sq. ft. with 176 workforce apartments for individuals and families earning 65% – 120% of AMI.

T-Mobile has also expanded its headquarters, currently owned by Ivanhoe Cambridge, to around 1,000,000 square feet and extended its lease commitment to 2030, according to the company’s annual report

Micro-units have been a staple in highly condensed cities such as San Francisco or New York where land is at a premium, but investors and developers are now adopting these small units in secondary cities such as Austin, Denver and Portland.

Our backlog for the next two to three years is very strong, and we are still seeing many, many opportunities with both new and existing clients. Seattle is attracting industry leading technology companies in search of the local talent in cloud computing, artificial intelligence and visualization tools.

Tableau finished the year with a headcount of 4,181, up 19 percent from the end of 2017, when it had 3,489 employees.

, investment in core properties is coming back into favor, with 41 percent of respondents choosing it as the most attractive strategy at the current point in the cycle compared to just 29 percent in 2018.

Unico Investment sold a 27-building office portfolio of repositioned historic and newly constructed assets totaling 1.8 million square feet to Broad Street Principal Investments, an affiliate of Goldman Sachs.

Blackstone’s real estate funds typically use $2 of debt for every dollar of equity. To illustrate the fund’s financial strength the WSJ noted that $60 billion exceeds the value of all commercial real estate purchased in New York, Chicago and San Francisco in the first 11 months of last year, according to Real Capital Analytics.

mazon is considering enough office space in Bellevue to give it room for 25,000 employees — the equivalent of its proposed HQ2 — as the company withdraws plans to build an office that size in New York.

The three buildings were among the first new multifamily housing near Yesler Terrace, which is now undergoing a transformation of its own.

“The attitude toward renting at any income level is changing,” states the study's authors. “With renters becoming the majority population in many U.S. cities, the spike in the national population of wealthy-renter households could mean a change in attitude toward an American Dream that no longer belongs to this generation of renters.”

In responses to its survey, RCM also found the following sentiments:

Multifamily remains the preferred asset class, with industrial a close second.
Steadily increasing interest rates won’t change investors’ position as buyers in 2019.
Underwriting is more conservative due to rising rates, maturity of the cycle, the pullback of Chinese capital and other factors.

Seattle, WA saw rent grow $40 to $1,940 but stayed the second priciest city.

Bremerton-based developer Sound West Holdings LLC plans to tap into this activity by building Marina Square. The approximately $129 million downtown development

Though the high end of the market may be feeling the strain of overbuilding, the sector overall is benefiting from long-term trends that should continue to fill apartment units for the foreseeable future.

Non-LIHTC Forward loans allow developers to secure favorable terms for projects featuring affordable and workforce housing.

ScanlanKemperBard has plans to further elevate the stature and improve the bustling Original Rainier Brewery property, while maintaining its historic integrity.

T-Mobile is outpacing the rest of the Big Four US carriers on value, loyalty, and satisfaction — here's what consumers say is most important when selecting a mobile provider

many of the tech startups planting their flag in Silicon Valley to be near angel investors, venture capitalists, investment banks, and tech talent are keeping only small teams there. They are increasingly utilizing less-costly satellite offices, remote co-working spaces, or other remote-work options for the majority of their employees.