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  Real Estate

Sellen well above ground on Schnitzer's Artise in Bellevue


Construction began in the summer of last year at 788 106th Ave. N.E. on a corner site in downtown Bellevue. Schnitzer West then said it was aiming for completion of the 25-story Artise by the end of next year.

Mill Creek eyes another 420 units in Redmond


Mill Creek Residential Trust is currently building its 288-unit Modera Overlake near the future Overlake Village Station.

Commercial trio sells for nearly $5M


Three small old commercial buildings recently sold for just over $4.9 million, according to King County records. The seller, via three LLCs, was a local family that owned the properties for two decades or more.

Security Properties inks $175M deal


Local shop Security Properties has multifamily investments all over the county, including Nashville. There, Connect CRE has reported — apparently from other news outlets — it just sold a three-building portfolio with 551 units. The reported sales price of $175.6 million works out to around $318,693 per unit.

Merlone Geier files big plan for Redmond that could top 1K units


Three years back, via an LLC, Merlone Geier Partners paid $41 million for the rather tired old Overlake East shopping center, at 15340 N.E. 24th St. The over 6-acre Bel-Red property is about a 10-minute walk north to Overlake Village Station, where light rail service should begin in 2024.

‘Mountain town of the future' takes form at Snoqualmie Pass


A new neighborhood consisting of 16 mountain homes, a community room and year-round heated pool is under construction at Snoqualmie Pass. The community is located at the intersection of state Route 906 and Pass Life Way, and is part of Evolution Projects' Pass Life that the developer calls “the mountain town of the future.”

Portland politician disputes $77K fine over cheap rent

; A Portland City Council candidate has formally asked elections officials to waive a $77,000 fine, arguing that a deeply discounted downtown office space he received from a wealthy backer doesn't go against the city's campaign finance rules.

Ian threatens Fla. insurance market

Florida's property insurance market was already in peril. Now comes Hurricane Ian.

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