Property, Rentals, Transactions

Property, Rentals, Transactions

John Burns Real Estate Consulting Experts State “Big Shifts Ahead” for Washington DC Market...

International award-winning firm KTGY Architecture + Planning recently hosted an invite-only event for John Burns Real Estate Consulting (JBREC) Principal Mollie Carmichael and Senior Vice President Dan Fulton. Carmichael and Fulton presented findings from JBREC's survey of over 21,000 home shoppers nationally, and JBREC's housing market outlook for the Washington, DC region and beyond. Rohit Anand, AIA, managing principal of KTGY’s East Coast office, offered his comments as well.

CBRE’s Philip D. Voorhees and NRIG-West Team Complete Sale of Community Center in Tacoma,...

CBRE Executive Vice President Philip D. Voorhees announced today that he and the National Retail Investment Group – West (NRIG-West) team completed the sale of Lincoln Plaza, an 80,922-square-foot community shopping center in the city of Tacoma, WA, leased to a complementary mix of retail, service and restaurant tenants including Big 5, Jared The Galleria Of Jewelry, Men’s Warehouse, Skechers, Starbucks, Wingstop, Sprint and others. The sale price was $26.7 million. The property was approximately 95% occupied at the time of sale

New loan partnership helps Tacoma Habitat for Humanity build 25 more homes in Pierce...

Thanks to a financing partnership between the Washington State Housing Finance Commission and Habitat for Humanity of Washington State, the Tacoma-Pierce County Habitat affiliate will build seven new homes in Lakewood’s Tillicum area, as well as complete an ongoing community.

Kennedy Wilson Taps Cathy Leap to Lead Pacific Northwest Region

Global real estate investment and services company Kennedy Wilson has named Cathy Leap as senior managing director of property services for the Pacific Northwest region. Leap, who brings more than 20 years of property management and commercial real estate experience to the position, has relocated to the firm’s Seattle office.

Council Committee to Consider Ban on Limiting Rent Increases

Council's Housing Affordability, Human Services and Economic Resiliency Committee will consider a resolution on state prohibition of rent control tomorrow, which is co-sponsored by Councilmembers Kshama Sawant and Nick Licata. The resolution urges state legislators to change the Washington State law restricting local governments from instituting rent control or regulating rents. If the state ban were lifted, Seattle would have the option to pursue rent regulation legislation locally.

Residents and businesses help cut water use by 14 percent

Bellevue residents and businesses have done their part in helping the region cut water use by 14 percent over the last four weeks -- exceeding requests by water providers to cut use by 10 percent.

City collects $3.48 million on Sisley properties

The City of Seattle received payment of the judgments, interest and penalties in excess of $3.48 million related to code violations on rental properties owned by Hugh and Martha Sisley in the Roosevelt neighborhood

Local impacts of ConnectHome pilot announced

This morning representatives from the U.S. Department of Housing and Urban Development (HUD), City of Seattle, and Seattle Housing Authority announced the local impacts of the ConnectHome initiative pilot, a 28 jurisdiction pilot that was announced yesterday.

Drought Fallout: Washington Residents – Are Your Finances Ready for A Wildfire?

As Washington residents remember the state’s largest wildfire in history - the Carlton Complex Fire that began a year ago today burning 350,000 acres and destroying 300 homes - the Property Casualty Insurers Association of America (PCI) is urging residents throughout Chelan, Douglas, Grant, Kittitas and Okanogan counties to take a wildfire reality check and be sure their homes and finances are prepared for wildfire threats in 2015.

City acquires Greenwood property for Community Park

Property will offer park space adjacent to the new Greenwood Library. Today Mayor Ed Murray announced the acquisition of property at 8118 Greenwood Ave. N. for a new park in the Greenwood-Phinney neighborhood. The deal closed on July 1, 2015.

Thousands of homes now eligible for rain garden rebates

RainWise, a joint program of Seattle and King County, is a popular and beautiful way to fight water pollution. The average rebate for the installation of an approved rain garden or cistern is $4,500. Collectively, more than 600 RainWise projects are reducing 9 million gallons of runoff annually. These functional systems also add curbside appeal to homes.

The 2015 Top Thousand List by Real Trends/Wall Street Journal Honors Who’s Who in...

Real Trends just published their ninth annual ‘The Thousand’ list in The Wall Street Journal to honor the top 1,000 real estate sales professionals and teams in the United States. Only agents who have a closed sales volume that ranked in the top one half of one percent of more than one million REALTORS® nationwide make the cut. Over 260 members of the Who’s Who in Luxury Real Estatenetwork made the list this year – that is a 60 percent increase over last year’s numbers.

Conservation program highlights river properties with public tours

Three upcoming events offer opportunities to enjoy river-based conservation properties and celebrate Legacy Lands’ 30th anniversary in Clark County. Anniversary activities for July include a volunteer effort and tours.

King Co. Delegation Urges Administration to Fix Inflation Formula in Housing Voucher Program

Today, Congresswoman Suzan DelBene (WA-01) led the congressional delegation representing Washington’s King County in urging the Department of Housing and Urban Development (HUD) to fix the inflation formula used in the Housing Choice Voucher (HCV) program, which provides rental assistance to low-income households. The current formula has been particularly damaging in areas with rapidly escalating rental costs, such as the Puget Sound region.

Council Roundup: Actions aim to boost affordable housing

The council adopted a multifamily tax exemption ordinance to encourage developers to include affordable rental units in their projects, and they approved a comprehensive plan amendment to help St. Luke's Lutheran Church build affordable apartments on its property.

Assessment notices to reflect property values rising as of January

Those trends are reflected in annual Notice of Value statements set for mailing this week. The notices report market values as of Jan. 1, 2015, as required by state law. Values for 2015 will be one factor in calculating property taxes for 2016

Fire Marshal presents tips to protect families, homes, property

Experts are predicting an early start to the grass and forest fire season. Meanwhile, Clark County Fire Marshal Jon Dunaway is urging homeowners to take simple steps to prevent injuries and damage.

Levelok Celebrates 20 Years of Ladder Safety

President and CEO, Phillip Lanzafame, says the future holds even more promise. “In just the past few months, we have secured another new product approval in 2 of the leading USA telecommunications organizations, Verizon and Cox Communications.” This adds to the growing list of Levelok products now used by hundreds of utilities across the globe

Councilmember Godden’s Statement on Sisley Property Review

Councilmember Jean Godden today issued the following statement in response to Mayor Murray's directive that the Department of Neighborhoods and the Department of Planning & Development begin a 60-day review of options for the Sisley properties in the Roosevelt neighborhood:

Seven projects, 457 affordable homes financed

Developers and nonprofit organizations will create or renovate 457 affordable homes across the state, thanks to almost $67 million in financing approved last Friday by the Washington State Housing Finance Commission

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KCHA spearheads successful effort to preserve nine subdized apartment complexes in...

WASHINGTON, D.C. - December 3, 2013 - (RealEstateRama) -- When a portfolio of nine privately owned Section 8-assisted housing complexes located in five counties scattered across Washington state was offered for sale last spring, the King County Housing Authority spearheaded a collaborative effort to purchase it. The housing authorities of Bremerton, Grays Harbor County, Yakima, and Chelan County and the City of Wenatchee participated in assuring the preservation of a total of 337 homes within the various communities.

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Seattle to Host ULI’s 2017 Spring Meeting, Set for May 2-4...

The Urban Land Institute (ULI), a global research and education institute dedicated to responsible land use and creating thriving, sustainable communities, will hold its 2017 Spring Meeting May 2-4 at the Washington State Convention Center in Seattle.