Breaking News: City Council unanimously passes Seattle secure scheduling law

I’m sorry but can we just jail these clowns

Scheduling practices for many Seattle retailers, fast food companies and coffee shops will now be regulated through the city. Here’s what this new law means for Seattle businesses.

Breaking News September 19, 2016

City Council unanimously passes Seattle secure scheduling law Scheduling practices for many Seattle retailers, fast food companies and coffee shops will now be regulated through the city. Here’s what this new law means for Seattle businesses. Read the full story

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CRE Northwest sent you an article from Puget Sound Business Journal

The Chinese have already had extraordinary impact on real estate values on the Eastside. Now all of Seattle will be impacted and Seattle government thought it had an affordability problem before this happened.

It’s also happening in Los Angeles. Let’s hope our politicians are paying attention.

Craig E. Hill

Principal & Founder

CRE Northwest

206 491 9047

chill

This article was sent to you by Craig Hill (chill): New B.C. real estate tax sends Chinese buyers’ interest in Seattle soaring Published: September 7, 2016 There was no question that British Columbia’s new tax on foreign homebuyers would ripple into the United States, and the early numbers show a significant impact. View full article

© 2016 American City Business Journals Inc. All rights reserved.

A CRE Northwest client moves forward with a major project

This article was sent to you by Craig Hill (chill): EXCLUSIVE: Long delay for hotel by Amazon HQ is almost over Published: August 18, 2016 For two years a privately held San Francisco company has had a permit to build a 15-story hotel next to the headquarters of Amazon (Nasdaq: AMZN), yet nothing has happened. View full article

© 2016 American City Business Journals Inc. All rights reserved.

Seattle landlords face new rules

Article if interest for you to read: Seattle landlords face new rules

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test to CRENorthwest

Developer: Fraud charges could have negative impact on Chinese investment in Seattle projects

This article was sent to you by chill: Is it the beginning of the end for land values increasing at ridiculous rates? Sender’s comment: Try "drilling down" on the Chinese money story within this story, too. Pretty fascinating. Published: September 1, 2015 Recent allegations from the U.S. Securities and Exchange Commission against a Seattle-area developer over whether he inappropriately used money from investors might have broader implications on future real estate investment in the Puget Sound region. View full article

© 2015 American City Business Journals Inc. All rights reserved.

Seattle’s HOT topic in print and over the air today

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This article was sent to you by chill: Sender’s comment: Could Seattle really end single-family zoning? Economist says ‘it’s a little shocking’ Published: July 8, 2015 For about a month, some members of Mayor Ed Murray’s housing committee have been publicly saying that if Seattle is to stand a chance at reining in the skyrocketing cost of housing, development of denser, more compact neighborhoods is necessary. View full article

© 2015 American City Business Journals Inc. All rights reserved.

The 4th Asset Class: Real Estate

Real Estate as the fourth asset class is finally becoming a reality. Why is this important? Well, the amount of capital that has and will flow into our industry is astonishing. Billions of dollars, an additional $500 billion to be exact. This money will make our market more liquid, provide for stability in markets and will change the way properties are sold. Below is a great article describing the long climb the industry is making to be at the table with stocks and bonds. I have highlighted some key thoughts but here are some items changing right now: –Yield compression –70% of institutions outsource the management of their real estate assets –Prices are ahead of fundamentals At Lee and Associates, we have been selling a number of big and small assets this year (Over $95 million already in 2015). If you want to talk more about this or the market, give me a call or email me. 602.954.3762 ccoppola

Another CRE Northwest/ NAI Puget Sound Properties transaction completed

This article was sent to you by chill: Sender’s comment: Diamond in the rough: 1,900-unit storage project rising on former Mastro property in South Seattle Published: June 30, 2015 Seven years ago, developer Michael R. Mastro proposed a big self-storage project on South Dearborn Street in Seattle. Now it’s finally getting built. View full article

© 2015 American City Business Journals Inc. All rights reserved.