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  • American City Business Journals10 months ago

    Seattle firm sells new downtown apartment complex for $78M

    A company that buys real estate on behalf of institutional investors on Thursday paid just over $77.7 million for a new apartment buiding by Seattle Center, according to public records. The sale of the 13-story building called Verve follows the sale of several other big new downtown apartment projects. Columbia Pacific Advisors of Seattle developed the 161-unit project at 2740 Fourth Ave. The company said construction wrapped up a year ago, and "achieved stabilized occupancy" in the middle of this year.

  • Zacks2 years ago

    Can Emeritus (ESC) Run Higher on Strong Earnings Estimate Revisions?

    Emeritus (ESC) sees solid earnings estimate revisions for the current quarter as well as current year, and the stock is showing decent short-term momentum as well, rising nearly 6% in the past month.