Still Good Times For Seattle Multifamily,
But Challenges Loom
Seattle multifamily is evolving into two markets: the upper end and everything else. The dynamics of the two are quite different, the speakers at our Seattle Multifamily event said. At the upper end, there's a risk of too much product and the challenges of an amenities arms race. For everything else, there's the challenge of simply getting enough product out of the ground in an expensive, regulation-happy market like Seattle.
Our rental market experts included Hunt Mortgage Group VP Jeffrey Ballaine, Thrive Communities president Gary Blakeslee, Bumgardner principal Mark Simpson, and Wallace Properties president and COO Kevin Wallace. Colliers International VP Dylan Simon moderated.
In some ways, the Seattle apartment market is…
Read Full Story
|
|
|
Top stories on Bisnow.com
|
More On Seattle Multifamily
|
|
|
|
Pacific Eagle Snaps Up Potential Hotel Site In Belltown
Pacific Eagle has acquired 1931 Second Ave in Belltown, which is entitled for a 17-story hotel, for $18M. As yet, the San Francisco-based company hasn't released plans for that kind of development, but it believes hospitality would do well on…
Read Full Story
|
|
|
Lee & Associates Establishes Seattle Office
LA-based Lee & Associates is setting up shop in Seattle, with local industry vet Jim Bowles (center) leading its new office here. Joining Bowles in the office are Richard Peterson (left) and his son, Chris Peterson. The goal will be…
Read Full Story
|
|
|
Top Stories On The
West Coast
|
|
|
|
The Real Estate Behind The Richest Men And Women In The World Part 8: Michael Bloomberg
The founder of Bloomberg LP and a former NYC mayor, Michael Bloomberg is one of the richest people in the world with a net worth of $41.1B. Between using his fortune to fund his well-known political campaigns and his philanthropy, which largely focuses on environmental advocacy, Bloomberg found the time to scoop up some serious real estate. He owns at least 14 properties around the world, but we think five of them stand out from the rest.
Click here to view the slideshow. |
|
|
|
|
|
These Three Themes Will Continue To Impact The Construction Industry In 2017
The construction industry continued to see robust activity within all property sectors nationwide as of Q3, despite a deceleration in industry growth.
As companies continue to cut costs by shrinking office space and consolidating business units, uncertainties surrounding declining workloads persist. Coupled with the Fed's rate hike this month and lackluster economic growth, experts predict construction costs will continue to rise.
Click here to read the full story. |
Lessons Learned In Turning Malls Into Someplace Special
While online sales are growing, many people are still choosing to shop at brick-and-mortar retailers. Those behind mall redevelopments are seizing on the demand for retail that provides an experience and a sense of place, with developers learning from the successes and failures of malls that have gone before.
The Bloc in downtown LA is one shopping center that has not given up on foot traffic.
"We want this to be the living room for downtown," said The Ratkovich Co EVP and COO Clare DeBriere (above).
With the Bloc, a…
Read Full Story
|
|
|
6 Effective Ways To Train Your New Hires
You've just hired several new employees—congratulations! Find out the most effective ways to train your new hires and make them company superstars.
Check out Bisnow Education videos to onboard your team. Click here to receive more information and a one-week free trial.
|
|
|
|
|
