Regions West | Seattle/Portland
Work Gets Underway on $200M Portland Seniors Housing Property
May 14, 2008

Construction has commenced on Mirabella, a 30-story continuing care retirement community site on one acre in Portland's South Waterfront submarket. Pacific Retirement Services Inc. is behind the development of the not-for-profit seniors community, which will offer independent living residences and assisted living apartments, as well as skilled nursing facilities and special care memory support rooms. The building is being designed to meet standards for LEED Platinum certification, and is on target to open its doors in summer 2010.

 
Recent Seattle/Portland Headlines
Financing in Place for Portland Industrial Property's Transformation
July 18, 2008
An historic Portland warehouse building is on track to evolve into a mixed-use property now that HomeStreet Capital has provided ConoverBond Development with $10 million in financing for the project.
One Island Square Sells Island Square in Mercer Island
July 09, 2008
One Island Square L.L.C. sold Island Square, located at 2758 78th Avenue SE in Mercer Island, Wash., to United Dominion Realty L.P.
Kennedy Wilson Expands Seattle-Area Apartment Portfolio via $117M Buy
July 01, 2008
Kennedy Wilson Multifamily Management Group Ltd., the multi-family investment division of Kennedy Wilson, has acquired two Class B apartment communities in the Seattle area for a total of just over $117 million.
2ndJohn.jpg Cooling Condo Sales Tied to Seattle Rental Growth, $48M Sale
June 24, 2008
Taking advantage of a Seattle apartment market with a high barrier to entry, Sobrato Development Cos. has acquired Expo62, a 114-unit apartment complex in the Lower Queen Anne area of the city from Intracorp Real Estate L.L.C. in a $48 million deal.
Suburban Seattle Apartment Complex Commands $38M
June 20, 2008
The Hearthstone at Merrill Creek, a 220-unit apartment property in Everett, Wash., has recently come under new ownership