Seattle Complex Sells in King County’s Second-Biggest Apartment Sale of the Year
The nation’s largest owner of student apartment properties has paid $112.1 million for a 283-unit complex next to the University of Washington’s Seattle campus.
Multi-family Rent Growth Reaches Six-Year Low
Though May was the third consecutive month national multifamily rents increased, the rate at which rents grew continued to cool.
Seattle Proposes Another Ordinance Requiring Landlords to Provide Voting Information
The Seattle City Council is proposing another ordinance putting yet another requirement on landlords in the city this time to provide information to tenants about how to register to vote and how to update voter registration information.
Up to 25 Percent of US Shopping Malls May Close in the Next Five Years, Report Says
According to a new Credit Suisse study, between 20 percent and 25 percent of America’s shopping malls will close in the next five years.
Seattle Construction and Development: Demand Still Strong – Developers Squeezed by Costs
At this point in the Seattle real estate cycle, the positives are still strong, according to the speakers at our Seattle Construction and Development event, such as high demand for office and residential space.
Property Maintenance Equals Tenant Retention
Of all of the reasons why tenants leave, inadequate maintenance is right at the top. There aren’t many people that would put up with a ceiling leaking for days, or a toilet that won’t work, or a faucet that constantly drips.