Originally published: costar.comJack Witthaus, Katie Burke, Randyl Drummer and Lou Hirsh Up and down the West Coast apartment construction sites are falling quiet despite high demand in a worsening housing shortage. Fewer multifamily projects have broken ground this year from Seattle to San Diego in one of the slowest starts to apartment construction in a […]
Timberlane News
Amazon asks some workers to relocate as return-to-office push continues
Originally published: bizjournals.comAlex Halverson Less than three months after Amazon.com Inc. (Nasdaq: AMZN) enacted its return-to-office guidelines, the company is asking some employees to relocate to certain hubs so they can be closer to their teams. Amazon set May 1 as the date when employees would be expected to return to the office at least […]
Seattle lands No. 2 spot as best North America market for tech talent
Originally published: bizjournals.comCassidy Ritter A new report ranked Seattle as the No. 2 market in North America for tech talent, placing the city in the same spot it was last year. This ranking from CBRE’s Scoring Tech Talent report looks at the top 50 North American markets and their ability to attract and develop tech talent. It […]
Seattle’s Timberlane Partners Lands Top-Producing Real Estate Veteran From CBRE, Key Leaders From Northmarq and Security Properties
Originally published: costar.com Multifamily real estate company Timberlane Partners hired a top producer from CBRE and two other real estate executives to help with its West Coast expansion, even as apartment sales slow in the region. Timberlane Partners, an alternative investment manager based in Seattle that is focused on buying and developing multifamily properties, hired Jon Hallgrimson, […]
Seattle real estate investment company lures heavy hitter from CBRE
Originally published: bizjournals.com Multifamily investment company Timberlane Partners last week announced JonHallgrimson is one of the Seattle company’s new directors of acquisitions. Previously with CBRE, Hallgrimson is 35-year industry veteran who has brokered over $27 billion in deals. He started working at Timberlane on May 15. His appointment, along with two other key hires earlier […]
“Little Tuscany” Multifamily Asset Acquired by Timberlane Partners in Olympia for $37M
Originally published: connectcre.com Timberlane Partners, a leading Seattle real estate investment manager, purchased the 143-unit three-story multifamily building known as Little Tuscany from Fern Street Partners LLC dba Commercial Property Services Inc. Situated in Olympia’s South Westside neighborhood, the building occupies a 5.8-acre plot, including studios, multi-bedroom and townhome-style apartments. The $37-million purchase represents a […]
Timberlane Partners Acquires 143-Unit ‘Little Tuscany’ Apartment Building in Olympia for $37MM
Originally published: news.theregistryps.com Acquisition of 143-Unit Apartment Building in South Westside Neighborhood Marks Company’s First Purchase for New Timberlane Acquisition Fund Seattle, WA, June 1, 2023 — Timberlane Partners, a leading real estate investment manager based in Seattle, today announced their purchase of Little Tuscany apartments from Fern Street Partners LLC dba Commercial Property Services […]
Timberlane Partners Announces Three New Hires
Originally published: djc.com Timberlane Partners recently announced three new hires. Exiting CBRE is Jon Hallgrimson, who’ll become director of acquisitions. With the same title is Tad Johnson, who makes the move from Security Properties. Both are veterans in the multifamily sector, and both will be spending from a new acquisition fund, the size of which […]
Timberlane Partners Launches Acquisition Fund, Makes Key Hires
Originally published: connectcre.com Seattle-based real estate investment manager Timberlane Partners expanded its leadership team with three key executive hires. The new hires coincide with the firm’s launch of Timberlane Acquisition Fund, a product targeting institutional assets and designed to capitalize on the current disruption in commercial real estate markets in key Western states. “We have […]
Seattle is once again the fastest-growing big city, census data shows
Originally published: seattletimes.comGene Balk Turns out, even a pandemic can’t keep Seattle down for long. Data released Thursday by the U.S. Census Bureau shows the boom times aren’t over just yet: Seattle just reclaimed its title as the fastest-growing big city in the U.S. From July 1, 2021, to July 1, 2022, Seattle had a net gain […]