Habitat for Humanity Seattle-King & Kittitas Counties has completed the 40-home Miller’s Creek community in Burien.
Home is the Key is the first major U.S. activation of Habitat for Humanity’s Let’s Open the Door campaign. Miller’s Creek is Habitat SKKC’s newest completed community, featuring 40 affordable homes with three- and four-bedroom layouts, along with a playground and green spaces within walking distance of schools, shops, and services. Habitat SKKC has more than 300 homes in its construction pipeline through 2030.
Support for the project came from The City of Burien, National Housing Trust, Amazon, Washington State Department of Commerce, King County Housing Finance Program, South King Housing & Homeless Partners, U.S. Department of Housing & Urban Development, Weyerhaeuser, Black Rock, Washington Trust Bank, Bank of America, U.S. Bank, Boulevard Park Place, the Aven Foundation, the Norcliffe Foundation, and Symetra.
An RK Investors-led team obtained an $81 million construction loan for Sutherland at Piper Glen, a 299-unit multifamily development underway in Charlotte’s Piper Glen neighborhood. The financing was provided by Western-Southern Life Insurance Company. The financing was arranged by Nate Sittema, Kristen Reilley and Elliott Voreis with CBRE’s Debt & Structured Finance team. Currently under...
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NAI Capital Commercial EVPs John S. Archibald and Guillermo Olaiz, alongside senior associate Stephen Lam of the Investment Services Group in the Pasadena office, represented the seller, Star Horizon, LLC, in the sale of ZK Plaza, a 41,586-square-foot office building in Pasadena. The property sold for $13,400,000, representing a 3.5% premium over asking. Located at...
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Berkadia announced the sale of Orchard Corners & Suites, a 139-unit, 264-bed, garden-style student housing property serving The University of Kansas in Lawrence, Kansas. Berkadia’s Student Housing and Kansas City investment sales teams collaborated to facilitate the transaction on behalf of the seller, Utah-based Redstone Residential. The Berkadia team included Senior Managing Directors Travis Prince...
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