• CCIM: Financing Fundamentals

Compared to Seattle, the Bellevue development market has been non-existent. The first high rise in four years recently broke ground though as Su Development began work on a 21-story tower last week.

• Seattle Times: First Bellevue high-rise in four years breaks ground

• Bloomberg: Treasuries End Nine-Week Rally As Europe Seeks Compromise

Lehman Brothers expect their purchase of the remaining 25.6% of Archstone from Bank of America and Barclays to finish in just over two weeks. They will then own 53% of the apartment developer, Archstone, and will be able to “pursue monetization opportunities and stability for Archstone’s future.”

• GlobeSt: At $1.5B Lehman wins Archstone Tug of War

• Seattle Times: Arizona firm buys Capitol Hill apartment site

Condo developers were everywhere before the collapse. Now developers are faced with the choice of selling or holding. Jay Kelley and Juanita Schwartzkopf offer some help.

• CCIM: Hold or Sell?

Century Link Field’s parking lot apartment structure has been granted unanimous approval from the city board. The odd shape of the building was of concern in that it did not keep with the historic Pioneer Square image.

• Seattle Times: Edgy Stadium Place tower scores with Pioneer Square board

Ten Year Treasury Yields are still at lower than we have seen in the last 12 months, now down to 1.75.

• Bloomberg: Ten Year Treasury Yields

• Seattle Times: Vulcan plans U District apartment building

Greece’s economic struggles are creating more demand for the US Treasuries driving down the yields to a 3-month low.

• Bloomberg: Treasury Yields Reach 3-Month Lows After Auction Demand

An article from Marna Mignone, JD. about the timing and process of a 1031 Reverse Exchange.

• CCIM: 1031 Timing

• Globe Street: Apartments Still In Recovery But Pace Will Slow

Ten Year Treasury Yields are staying below 1.90% still.  Until rates begin to rise the market will continue to see unmotivated sellers holding out for exorbitant pricing as they can easily refinance at favorable rates.

• Bloomberg: Ten Year Treasury Yields

A comparison of the 2011 and 2012 first quarter Condo performances in Seattle by Keller Williams Urban Real Estate Specialist Ben Kakimoto.

• Seattle Post Intelliger: First Quarter 2012 Seattle Condo Report

• CCIM: Investors Eye Value-Add Opportunities in the Apartment Sector

Ten Year Treasury Yields stayed relatively stable since last week closing .01 higher.

• Bloomberg: Ten Year Treasury Yields

The Boeing Company reported a 58% surge in 1st quarter profits this year due to commercial division sales and defense business growth.  Boeing coupled with Snohomish County reporting unemployment down to 8.4% signals positive movement in economic recovery for the area.

• Snohomish County Business Journal: Boeing tops expectations with strong earnings