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Bugge Update – November 2019
Scope of Work: As we mentioned in the previous update, we started retrofitting the fire communications throughout the building. All of these life safety measures (including fire alarms and strobes) have been installed. The lender performed a property inspection and...

Dexter Update – November 2019
It’s November, and we’re well on our way to bringing the Dexter Ave property into the modern age. With fresh drywall, new doors and a new coat of paint, our construction team is really bringing this building back to life. Let’s discuss what we’ve been doing. Keep...

Queen Anne units sell for $3.6M
SEATTLE — An apartment building at 2465 Dexter Ave. N. has sold for just under $3.6 million, according to King County records. The seller was Lee Properties LLC, which acquired the property in 1995 for $853,000. (The seller is not to be confused with Lee &...

181 apartments planned near Swedish Ballard campus
Northlake Capital & Development, using an LLC, has submitted an early plan to redevelop five parcels extending southeast from 1723 N.W. Market St., in central Ballard. Northlake owns one; and there are three other owners apparently willing to sell or partner in a...

50 Ballard apartments
Location: Seattle, 1446 N.W. 53rd St. Project: Six-story apartment building with 50 small efficiency dwelling units; no parking; existing building to be demolished; considers options relating to a pending MHA (mandatory housing affordability) upzone; Preston Walls of...
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