Ask: Brad Padden

Multifamily housing developer Brad Padden sees the need for attainably priced housing in Bellevue firsthand: He lives within walking distance of areas such as Main Street in Old Bellevue and appreciates the dining, shopping, and other urban attractions within easy...

Affordable housing project breaks ground in Downtown L.A.

Seattle-based O.Z. Navigator, a partnership between Nitze-Stagen and Housing Diversity Corp., has secured a $29 million loan for a new development in Downtown Los Angeles that broke ground this week. Located at 1317 S. Grand Ave., the project includes 147 apartments...

$41M loan for DTLA micro housing

Seattle-based developer to build 227 flats of around 265 square feet apiece A micro-housing developer has secured a $41.1 million construction loan for a 227-unit apartment complex in Downtown Los Angeles. Seattle-based Housing Diversity Corporation, which focuses on...