• The Fuss About January Rental Rates

    Reminiscent of Paul Revere’s great ride through Boston, in mid-January 2018 the media exclaimed, “Rents are dropping, rents are dropping!” It seems there was a lull in North-Korea-versus-Trump news that week, and an exaltation of “significantly dropping” rental rates was the news du jour. The Seattle Times reported (and I quote), “Rents are dropping significantly

    Read more »
  • A Crystal Ball Into 2018

    Last week, we discussed how apartment investment sales in 2017 compared to previous years in our post Apartment Sales: How Did 2017 Stack Up? A few weeks prior, we looked back on both the apartment and office markets in Seattle and the Puget Sound over the previous decade, hypothecating that In 2018, Seattle Will Prove

    Read more »
  • Economic Insights Into 2018

    As we settle into the new year, questions surrounding the state of the market, tax reform, and city regulations are impacting plans for our investments. What can we expect? We reviewed Colliers’ State of the U.S. Market and 2018 Outlook for the top five market and economic drivers that will shape our year. INSIGHTS INTO

    Read more »
  • Apartment Sales: How Did 2017 Stack Up?

    As we enter each year, we never know how sales pricing or volume will stack up to previous years. Just twelve months ago, investors watched patiently as Inauguration 2017 was held on January 20. Then we waited…and waited…and waited. And when it came to apartment sales, not much happened. For months. It wasn’t until around

    Read more »
  • 2017 Recap: 25 Deals & $269M

    The Seattle Multifamily Team had its best year ever in 2017 — and we have each of you to thank! We are truly grateful to have the best clients in the industry. Additionally, we would like to thank all the lenders, architects, attorneys, engineers and appraisers who contributed to the success of our clients in

    Read more »
  • In 2018, Seattle Will Prove Its Mettle

    Welcome to 2018 – time to buckle up for a fast-paced year! Looking back, 2017 was a banner year for Seattle and the Puget Sound region. In Spring 2017, it was announced that Seattle was the fastest growing city in the country. Following was a string of equally impressive accolades: Seattle is the fastest growing

    Read more »
  • Citywalk Apartments in Northgate Sells for $26.9 Million

    December 20, 2017, Seattle, WA – Dylan Simon and Jerrid Anderson of Colliers’ Seattle Multifamily Team closed the sale of Citywalk Apartments in Seattle’s Northgate neighborhood on Wednesday, December 20, 2017. The sales price of the apartment community was $26,900,000, equating to $263,725 per unit and approximately $292 per net rentable square foot. Built in

    Read more »
  • Predictions from 3 Years Ago

    Way, way back in December 2014, I wrote the blog post 2015 Planning: Key Concepts for Apartment Investments in 2015, discussing market conditions and predictions for the future. Well, the future is now – how did we do? Back in that post we covered four key concepts: Where we were in the real estate cycle Low

    Read more »
  • Workers, Wages & Rents – Who’s Winning

    Seattle remains basking in the glow of its recent announcement as ULI’s #1 Investment Market for 2018.  Given the breadth and depth of ULI’s analysis, this is quite an accolade.  Of course, rankings are relative, so an understanding of the greater context of both the broad US economy and competitive cohort of comparable investment markets

    Read more »
  • The Recession Ain’t Coming Soon!

    Investing is truly about predicting the future better than anyone else.  And predictions are difficult.  They are so difficult that they are wrong more often than they are right.  So, when it comes to predicting the future – at least in the near term – taking a good hard look at data is often the

    Read more »

Back to Top