• Five Themes for 2019

    It’s December and time to take stock of 2018 – another year that came and went in a flash. This past year was notably one of highs and lows, and in the apartment market, as of late, we are not used to hearing of lows. Seattle was named the nation’s fastest growing tech hub, yet,

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  • 3 Important Headlines

    There is simply so, so much noise in any given marketplace – especially those involving financial markets. Given the quantum of information available for consumption, we’ve trained ourselves to skim headlines, and from there glean conclusions – often to our detriment (or at least to the detriment of an objectively, predictably accurate conclusion). For example,

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  • PRESS RELEASE: John Winthrop Apartments in Seattle’s First Hill Neighborhood Sells for $18.2 Million

    October 30, 2018, Seattle, WA – Dylan Simon and Jerrid Anderson of Colliers International’s Seattle Multifamily Team closed the sale of The John Winthrop Apartments in Seattle’s First Hill neighborhood on Monday, October 29, 2018. The sales price of the apartment building was $18,220,000, equating to $230,633 per unit and approximately $425 per net rentable square

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  • New Ballgame

    We all generally read the same headlines – “The Market is Booming” and “Rents Are Skyrocketing” – almost immediately followed by, “The Sky is Falling” and “Rents are Plummeting”. In a truly rational world, little of what journalists (most of whom are inexperienced in any aspect of investing and/or economic analysis) write would matter. Yet,

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  • 2018 Fall Investor Forum Recap

    We can’t lie—we’re still feeling the pain of Dupre and Scott closing shop earlier this year, especially now that market dynamics are starting to shift and there isn’t data readily available to clarify exactly what is happening (beyond the dramatic headlines popping up everywhere). To answer that resounding question, we decided to use our annual

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  • Micro Myths…Busted

    Several years ago, Seattle gained fame as the “Micro Apartment” capital of the nation. However, once a fast-acting City Council plugged what was considered a loophole in the building code, most all the buzz faded. All the while, a market of micro-apartment units continued to perform—err, outperform—amidst a sea of market-rate apartment units, the darling

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  • Where Apartment Rents Remain Hot!

    Whether rental rates are shooting through the roof or dropping like a lead balloon, journalists are busy in the news room churning out sensationalized headlines. And in the ever-watched Seattle apartment market, no audience is more poised to stand at the ready for sensationalism: “Seattle rents continue to skyrocket!” “Apartment rental rates fall for the

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  • PRESS RELEASE: Colliers Sets Pricing Records in Sale of Seattle Apartment Buildings

    May 4, 2018, Seattle, WA – Dylan Simon and Jerrid Anderson of Colliers’ Seattle Multifamily Team set new pricing records for the region, closing the sales of Pomelo Heights and The Willet, both located in Seattle’s University District. Pomelo Heights sold for $4,950,000, equating to $876 per rentable square foot—the highest sales price per square

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