Quarterly Expenditures.Xlsx
Total Page：16
File Type：pdf, Size：1020Kb
Load more
Recommended publications
-
Research & Forecast Report
RESEARCH & FORECAST REPORT PUGET SOUND REGION Q2 2020 | MULTIFAMILY YOY YOY YOY YOY Occupancy Rate Number of Sales New Supply (Units) Rental Rate (PSF) 94.1% FORECAST 3 FORECAST 1,410 FORECAST $2.09 FORECAST Overview Key Takeaways Looking solely at occupancy and rental rates, the Puget Sound multifamily · Rents grew 60 basis points year over year in the Puget Sound, largely market appears to be weathering the current pandemic relatively well. fueled by substantial growth (3.5%) in Pierce County. Rents have grown in every county and asset class, with the lone exception · Though occupancy dropped 20 basis points YoY in the Puget Sound, King of 1-bedroom units in King County, which stayed flat. As a whole, the County (accounting for 70% of tracked inventory) grew 10 basis points. Puget Sound saw a 20-basis point reduction in occupancy, though · Total investment volume by dollar amount has dropped 188% year over occupancy year over year in King County (where 70% of inventory exists) year in the Puget Sound. still grew by 10 basis points. Investment sales declined significantly quarter over quarter and year over year (down 33% and 367%, · The average cap rate for the Puget Sound dropped slightly, from 4.6 to respectively), given the new excise tax and flood of listings pulled off the 4.4% quarter over quarter. market. However, the Kiara trading hands for $320M ($700K/unit)—which · Deliveries dropped 34% quarter over quarter, though the under- was the quarter’s 5th largest multifamily sale nationally—signaled that construction pipeline is mostly flat. institutional interest in the Puget Sound region remains strong. -
Affordable Housinghousing Designdesign Studiostudio
AffordableAffordable HousingHousing DesignDesign StudioStudio 1 Annual Summer Fair at Othello Square 2LIHI Tiny House ABOUT Our Firm Since our founding, Weber Thompson has designed over 10,000 residences in low, mid- and high-rise structures. Every day, people from all walks of life come home to one of our designs. From young to old, individuals to families of all kinds, from those with lower incomes to the affluent, we are proud to serve the full breadth of our community. This work motivates us; it’s sparks our passion to create. We want to make a difference in people’s lives and in the community. For these homes to be successful, every detail matters. We understand the intimate role these spaces play in people’s lives. To that end, we work with providers to meet the needs of their residents, designing homes that support them in their daily lives by providing healthy places; places of safety and respite that are flexible enough to allow for a wide range of living styles, ages, family sizes and configurations. Equally important, and perhaps more difficult to capture, is the level of personal commitment Weber Thompson, and this team in particular, brings to serving our affordable housing clients. Whether it’s organizing a book drive for the Raven Terrace lending library, building a Tiny House for LIHI, or working through a gazillion permutations of the tax credit programs with Bellwether, Weber Thompson approaches affordable housing as part of our mission. We understand how difficult these projects are and how hard our clients work to serve their communities. -
Apartments Specialty Area: 100 Commercial Revalue for 2020 Assessment Roll
Apartments Specialty Area: 100 Commercial Revalue for 2020 Assessment Roll Department of Assessments Setting values, serving the community, and pursuing excellence 500 Fourth Avenue, ADM-AS 0708 Seattle, WA 98104-2384 OFFICE (206) 296-7300 FAX (206) 296-0595 Email: [email protected] Web: http://www.kingcounty.gov/assessor/ Department of Assessments 500 Fourth Avenue, ADM-AS-0708 John Wilson Seattle, WA 98104-2384 Assessor OFFICE: (206) 296-7300 FAX (206) 296-0595 Email: [email protected] http://www.kingcounty.gov/assessor/ Dear Property Owners, Our field appraisers work hard throughout the year to visit properties in neighborhoods across King County. As a result, new commercial and residential valuation notices are mailed as values are completed. We value your property at its “true and fair value” reflecting its highest and best use as prescribed by state law (RCW 84.40.030; WAC 458-07-030). We continue to work hard to implement your feedback and ensure we provide accurate and timely information to you. We have made significant improvements to our website and online tools to make interacting with us easier. The following report summarizes the results of the assessments for your area along with a map. Additionally, I have provided a brief tutorial of our property assessment process. It is meant to provide you with the background information about the process we use and our basis for the assessments in your area. Fairness, accuracy and transparency set the foundation for effective and accountable government. I am pleased to continue to incorporate your input as we make ongoing improvements to serve you. -
This Page Contains Field Values to Be Dropped in Throughout the Report
Appraisal of: Garden Court Apartments 3410 Colby Avereet Everett, WA 98201 Prepared By: O’Connor Consulting Group 500 Union Street, Suite 650 Seattle, WA 98101 Brian O’Connor, MAI, CRE Reilly Peavey, Associate Prepared For: Prestige Properties NW, LLC c/o Jason Decker 425.922.9043 [email protected] Effective Date: February 20th, 2020 Date of Report: March 6th, 2020 OCG# 20-104 March 6th, 2020 OCG Ref. No. 20-104 Prestige Properties NW, LLC c/o Jason Decker 425.922.9043 [email protected] RE: Appraisal of: 3410 Colby Ave Everett, WA 98201 Dear Mr. Decker: In accordance with your request, we have written an appraisal and formed an opinion of the current Market Value of the Fee Simple interest in the above-referenced property. The accompanying appraisal report identifies the subject property, describes the market for this type of property, and presents the specific market data and analysis leading to our estimate of value. The subject property consists of two 6-unit multifamily buildings totaling 12 multifamily units. The buildings are recorded as having been built in 1989 and 1990. The buildings are situated on three parcels totaling 18,296 square feet located at 3410 Colby Avenue in the Port Gardner neighborhood of Everett. The subject’s units are both townhouse and flat style and include 3 levels of living area plus covered off- street parking accessible from the alley. Four units are one-bedroom one-bathroom flats, four units are two-bedroom one-bathroom flats, and four units are two-bedroom two-bathroom townhouses. In this report, we have estimated the subject’s current market value effective on the date of inspection, February 20th, 2020. -
Seattle New Construction & Proposed Multifamily
Seattle New Construction & Proposed Multifamily Projects 2Q18 ID PROPERTY UNITS 1 Danforth, The 265 2 Hyde Square 618 18 3 Ascent 251 4 Kiara 461 5 Cerasa 154 19 6 Encore 60 7 Metro 112 Phase II 57 10 8 Merc, The 122 58 9 Etta 75 107 10 205 72 40 54 8 11 Crew 70 12 Luna 71 34 51 13 East Union 144 59 17 14 Elara at the Market 150 76 77 3 15 McKenzie 450 41 83 16 CityLine Phase II 155 84 80 93 42 17 624 Yale 206 102 55 48 20 4 22 98 18 Creekside Phase II 50 50 15 92 74 19 Park 77 182 103 64 Total Lease-Up 3,613 16 49 36 13 11 12 1 20 600 Wall Street 370 88 14 65 21 Bower, The 339 67 87 45 47 78 22 1120 Denny Way 1128 61 86 23 Jackson 532 46 106 24 Marquee on Meeker 288 100 70 75 25 Bear Creek 360 73 26 Stazione:25, The 301 27 Esterra Park Blocks 5, 6A and 9 658 94 28 Modera Redmond 300 90 57 29 Marvelle at Southcenter 166 72 30 Village at Totem Lake 201 23 31 AMLI Spring District 204 44 56 32 4722 Fauntleroy Way SW 250 33 Crossroads Senior Living 185 6 34 800 5th Avenue North 68 35 Brio 258 74 Urban Green Villa 132 21 36 14th & Madison 137 75 Broadstone First Hill 350 37 Luna 108 76 Mariner on Republican 128 30 38 Talisman 286 77 University 117 78 Brooklyn Flats, The 55 63 39 888 108th Avenue NE 158 79 StationHouse 216 40 Lodge Phase III, The 200 80 2nd & John 80 41 Marlowe 181 81 Lux 137 42 2100 East Madison 50 82 Arras 279 43 Bellevue Parkside 136 83 Sitka 384 28 44 18727 Blueberry Lane 112 84 Lane 217 45 Track 66 78 85 6301 15th Avenue NW 63 86 aPODment Suites @ Giardino 62 25 96 46 Roosevelt 114 60 79 47 Vida 201 87 Valdok 177 62 89 -
Seattle Multifamily
4th Quarter 2018 Real Estate Market Review Seattle Multifamily Top Sale Transactions for 2018 Property Submarket # of Units Sale Price Price/Unit Buyer Seller Avana 522 North Creek 558 $173,000,000 $310,036 Decron Properties The Blackstone Group LP Sparc Bel-Red 309 $150,000,000 $485,437 AGI Publishing Inc. USAA Real Estate Company The Reserve Apartments South Lake Washington 440 $143,000,000 $325,000 Griffis Residential Fairfield Residential The Griffis Residential South Lake Washington 440 $139,500,000 $317,045 Griffis Residential Fairfield Residential Cirrus Denny Triangle 355 $103,296,401 $290,976 GID Investment Advisors, LLC Squire Patton Boggs Top Under Construction Property Address Submarket # of Units Owner Delivery Date Onni Towers 1120 Denny Way South Lake Union 1,128 Onni Group November 2020 1200 Stewart St. 1200 Stewart St. Denny Triangle 1,050 Westbank Projects Corp. November 2020 The Village @ Totem Lake 12601 120th Ave. NE Totem Lake 851 CenterCal Properties, LLC August 2019 Tagore &156th Ave NE Tagore & 156th Ave. NE Overlake 658 City of Redmond January 2019 8549 E Martin Way 8549 E. Martin Way E. Olympia 623 The Wolff Company January 2019 Top Completed Construction Property Address Submarket # of Units Owner Delivery Date Hyde Square 2038 155th PI NE Crossroads 485 Carmel Partners June 2018 Kiara 111 Terry Ave. N South Lake Union 461 Holland Partner Group September 2018 McKenzie 2202 Eighth Ave. Denny Triangle 450 Clise Properties Inc. August 2018 Stratus 820 Lenora St. Denny Triangle 396 GID Urban Development Group January 2018 Sitka 1255 Harrison St. South Lake Union 384 Vulcan, Inc. -
Mid-Rise/Mixed-Use Design Studio
Mid-Rise/Mixed-Use Design Studio 1 Radius SLU Roof Deck 2 We know urban mid-rise. For over 30 years Weber Thompson has been designing highly successful mid-rise multifamily projects within the city’s urban fabric. We understand the market forces, city requirements and complicated technical necessities this type of building demands. This depth of experience allows us to focus on the design and craft a high quality building without busting the budget or schedule. Most of the mid-rise multifamily projects we design have a context – they exist within a community and among buildings that establish design constraints and opportunities. What we design are very much neighborhood buildings. Design in context, sensitive to the scale and character of surrounding buildings, will be essential as your project evolves from planning to architectural design. 3 Pike Motorworks 4 MEET OUR Mid-Rise Team Amanda Keating AIA, LEED® AP BD+C SENIOR PRINCIPAL / PRINCIPAL IN CHARGE Amanda bridges the gap between aesthetic judgment and technical understanding. She manages the design, documentation and construction administration of large-scale, mixed use projects with the firm’s mid-rise group. Amanda is renowned for her thoughtful, even-keeled approach and calm management style. She is also a core member of Weber Thompson’s highly energized Sustainabiliteam. Jeff Reibman AIA, NCARB, LEED® AP BD+C SENIOR PRINCIPAL / PRINCIPAL IN CHARGE For over 20 years Jeff has been working in the Seattle area with a focus on residential design of every kind. Throughout his career, he has developed his expertise in creative land use solutions and complex entitlement processes. -
March 10, 2021 Virtual Meeting
1200 King County King County Courthouse 516 Third Avenue Seattle, WA 98104 Meeting Agenda Budget and Fiscal Management Committee Councilmembers: Jeanne Kohl-Welles, Chair; Rod Dembowski, Vice Chair; Claudia Balducci, Kathy Lambert, Joe McDermott, Dave Upthegrove, Girmay Zahilay Lead Staff: Andrew Kim (206-477-8495) Co-Lead: Brandi Vena (206-263-3129) Committee Clerk: Sharon Daly (206-477-0870) 1:00 PM Wednesday, March 10, 2021 Virtual Meeting REVISED AGENDA SPECIAL MEETING PUBLIC NOTICE: The Budget and Fiscal Management Committee meetings will be held virtually until further notice. To help prevent the spread of the COVID 19 virus, the Chambers will be closed and all committee members and staff will be participating in the meeting remotely. The live feed of the video conference will be streaming on the King County Council's website and on KCTV Channel 22. Ways to provide public comment are noted below. Pursuant to K.C.C. 1.24.035 A. and F., this meeting is also noticed as a meeting of the Metropolitan King County Council, whose agenda is limited to the committee business. In this meeting only the rules and procedures applicable to committees apply and not those applicable to full council meetings. HOW TO PROVIDE PUBLIC COMMENT: The Budget and Fiscal Management Committee values community input and looks forward to hearing from you on agenda items. There are two ways to provide public comment: 1) In writing: You may comment in writing on agenda items by submitting your written comments to [email protected]. If your comments are submitted before 8:00 a.m. -
Lake Union Marine Industrial Offering Lake Union
SEATTLE CENTRAL BUSINESS DISTRICT SOUTH LAKE UNION LAKE UNION MARINE INDUSTRIAL OFFERING LAKE UNION FAIRVIEW AVE E N LAKE UNION MARINE INDUSTRIAL OFFERING KIDDER.COM OFFERING MEMORANDUM | 1801 FAIRVIEW AVE E, SEATTLE | SEATTLEMARINEOFFERING.COM CONTACT JASON ROSAUER 206.296.9608 [email protected] DAVE SPEERS 206.296.9626 [email protected] ROB ANDERSON 206.296.9644 [email protected] KIDDER.COM The information contained in the following Marketing Brochure is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Kidder Mathews and should not be made available to any other person or entity without the written consent of Kidder Mathews. This Marketing Brochure has been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. Kidder Mathews has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCB’s or asbestos, the compliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable; however, Kidder Mathews has not verified, and will not verify, any of the information contained herein, nor has Kidder Mathews conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. -
Research & Forecast Report
RESEARCH & FORECAST REPORT PUGET SOUND REGION Q3 2020 | MULTIFAMILY YOY YOY YOY YOY Occupancy Rate Number of Sales New Supply (Units) Rental Rate (PSF) 93.5% FORECAST 9 FORECAST 1,601 FORECAST $2.05 FORECAST Overview Key Takeaways Multifamily product in Puget Sound, though stymied, remained resilient · Rents for Puget Sound decreased 1% quarter over quarter down to through the first two quarters of Covid-19 uncertainty. In King County, where $2.05, fueled by a 2.6% drop in King County rents. 70% of the regional apartment stock is located, rent collections fell to 76.4% · Occupancy is down 60 basis points year over year for the region, though in September 2020 according to NMHC Rent Payment Tracker, compared it has increased in Pierce and Snohomish Counties. to 81.2% in September 2019. Though, this drop is within the historical range of healthy. Concessions are on the rise as rental rates, in some cases, are · Total investment volume by dollar amount increased 282% from $165M on the decline. Occupancy and rents contracted in King County by 1.2% in Q2 to $630M in Q3. and 2.6%, respectively, while Pierce and Snohomish counties both saw · Average cap rates for the Puget Sound increased 10 bps from 4.4% to substantial bumps in rents of 4.6% and 2.5%, respectively. The flight to 4.5% quarter over quarter. suburban locations continues to be the trend, as investors and developers · Deliveries and units under construction both saw a slight boost, look to capitalize on growing tenant demand. On the development side, 1,601 increasing 13.5% and 2.2%, respectively. -
Real Estate Market Scan October 2019
I-5 Lid Feasibility Study Real Estate Market Scan October 2019 Prepared for: Prepared by: HR&A Advisors PURPOSE EXECUTIVE SUMMARY PROJECT CONTEXT MARKET CONTEXT STUDY AREA CONTEXT MARKET SCAN RESIDENTIAL OFFICE RETAIL HOSPITALITY COVID-19 Context COVID-19 has significantly impacted socioeconomic market conditions and the commercial and residential property sectors, since the analysis was developed. The evaluation provided in the economic and financial analysis of this study was based on pre-COVID-19 market conditions but was developed based on historical trends that capture multiple full economic cycles. As stated in the key study assumptions of the LFS Summary Report, by the time the lid is assumed to start construction in 2030 it is anticipated that the Seattle market would have gone through one or more full economic and development cycles, thus capturing those long-range economic trends in the study design. HR&A Advisors I-5 Lid Feasibility Study | 3 PURPOSE OF THIS ANALYSIS This real estate market scan informs the creation of development program test cases for the I-5 Lid Feasibility Study (LFS) regarding assumptions around development scenarios where conceptually the private sector would contribute as an agent for lid development (Test Cases 2 and 3). Assess Market Conditions • Understand current market performance throughout the project area Generate Market- Inform Economic • Estimate projected Refine Scenarios & Rate Development and Financial market growth and Test Feasibility potential to capture Scenarios Feasibility Analysis demand in the project area • Develop assumptions to evaluate the financial feasibility of development on a future lid HR&A Advisors I-5 Lid Feasibility Study | 4 EXECUTIVE SUMMARY MARKET CONTEXT • Seattle is experiencing its most rapid period of population growth since the Klondike Gold Rush and has been the fastest-growing big city in the U.S. -
Comprehensive Housing Market Analysis for Seattle-Bellevue-Everett
COMPREHENSIVE HOUSING MARKET ANALYSIS Seattle-Bellevue-Everett, Washington U.S. Department of Housing and Urban Development, Office of Policy Development and Research As of March 1, 2019 Seattle-Bellevue-Everett, Washington Comprehensive Housing Market Analysis as of March 1, 2019 Executive Summary 2 Skagit k ! Granite Falls Island Snohomish ! Everett Executive Summary Chelan !Lynnwood Bothell ! ¨¦§5 Kirkland ! Housing Market Area Description ! Redmond PUGET SOUND Seattle ! ! Bellevue ! Situated along the Puget Sound in northwestern Washington King Mercer Island ! ! Issaquah ¨¦§90 State, the Seattle-Bellevue-Everett Housing Market Area Renton (hereafter, the Seattle HMA) is conterminous with the Kittitas ! Federal Way ! Black Diamond metropolitan division of the same name, consisting of King and ! Snohomish Counties. The HMA is recognized as a center for high- Tacoma tech industries, including aeronautical design and manufacturing, Seattle-Bellevue-Everett HMA Pierce ! Places of Interest computer systems and software design, data processing and Major Roads Waterbodies hosting, and logistics, with the presence of globally renowned Yakima UrbanizedSources: Areas Esri, USGS, NOAA companies that include The Boeing Company, Microsoft Corporation, and Amazon.com, Inc. Tools and Resources Find interim updates for this metropolitan area, and select geographies nationally, The current population is estimated at 3.04 million. at PD&R’s Market-at-a-Glance tool. Additional data for the HMA can be found in this report’s supplemental tables. For information