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Rare, new Mercer Island apartment building sells for $96 million

Rare, new Mercer Island apartment building sells for $96 million

The last big new apartment complex to go up in Mercer Island’s town center has sold for $95.75 million. Foster City, California-based Legacy Partners, in partnership with Los Angeles-based Resmark Apartment Living, announced the sale of the Hadley, a high-end, 209-unit building at 2601 76th Ave. S.E., to SyRES Properties of San Rafael, California. The price was listed on a … Read More About Rare, new Mercer Island apartment building sells for $96 million

Legacy Partners Kicks Off LA-Area Marina Renovations

Legacy Partners Kicks Off LA-Area Marina Renovations

The company started the $65 million revamping of the 379-unit Wayfarer Apartments + Marina at the beginning of 2016. The current phase is slated for completion by early 2019. Legacy Partners kicked off a new phase of renovations at Wayfarer Apartments + Marina, formerly known as Mariners Bay, in Marina del Rey, Calif. The multi-phase revamping of the 311-slip marina is … Read More About Legacy Partners Kicks Off LA-Area Marina Renovations

Legacy Partners Hires New Vice President to Oversee Property Management Operations of Denver Region

Legacy Partners Hires New Vice President to Oversee Property Management Operations of Denver Region

Mike Holt Joins Legacy Partners as New VP of Denver Region   DENVER, Col. (August 29, 2017) – Legacy Partners (Legacy), a privately owned national real estate firm, today announced the hiring of Mike Holt as Vice President of their Denver region. Holt, previously the Regional Manager of BH Management, is the President-elect of the Apartment Association of Metro Denver. Read More About Legacy Partners Hires New Vice President to Oversee Property Management Operations of Denver Region

Legacy Partners Nabs $37M Greystone Refi for California Multifamily Asset

Legacy Partners Nabs $37M Greystone Refi for California Multifamily Asset

Greystone has provided a $37.4 million HUD loan for The Verandas Apartment Homes in West Covina, Calif., Commercial Observer can first report. The refinance will allow owner Legacy Partners to complete interior and exterior property renovations. Lori DiMartino, a vice president at Greystone, originated the loan. “Legacy’s ability to finance renovation funds based on future rents is one of … Read More About Legacy Partners Nabs $37M Greystone Refi for California Multifamily Asset

New apartment building in Wallingford has rooftop chicken coop

New apartment building in Wallingford has rooftop chicken coop

Watch the chickens 24 hours a day on the building’s ‘coop cam’   Bowman, a recently-opened apartment building by Legacy Partners in Wallingford, is for the most part like many new residential projects in Seattle. Its long list of shared amenities includes a dog run, a gaming lounge, and the standard shared rooftop deck.   It’s what’s on … Read More About New apartment building in Wallingford has rooftop chicken coop

Next-Level Apartment Amenities

Next-Level Apartment Amenities

With so many apartment complexes competing for tenants, developers are getting creative when it comes to amenities. “We are absolutely upping our game,” says Amy Williams, regional development manager at Madrona Ridge Residential, the owner of the recently opened Angeline apartment building at the northern edge of Columbia City’s historic downtown. You’ll still find that fitness center, but new buildings … Read More About Next-Level Apartment Amenities