News
January 31, 2017
No yolk! Chickens are Seattle's hot new apartment amenity
In the race for the best amenities in new Seattle apartment buildings there are some pretty cool entries: a climbing wall at a South Lake Union property, and inside ramps for bicyclists at a Fremont project called Velo. Add hens to the list. There’s a flock of them on top of Bowman, the recently opened mid-rise project at 3801 Stone Way N. Read More About No yolk! Chickens are Seattle's hot new apartment amenity
January 31, 2017
Slowing Rent Growth Not Setting Off Alarms
SAN FRANCISCO—Albeit at a slower pace, there is still positive rent growth in some markets, wages continue to grow, national unemployment is less than 5% and the millennial population continues to rent. Hays says capital is available for well-located projects meeting target risk-adjusted returns. SAN FRANCISCO—The Bay Area has a strong economy and an attractive lifestyle that continues to drive … Read More About Slowing Rent Growth Not Setting Off Alarms
January 17, 2017
Legacy unveils $75 million Westminster community
Legacy Partners is constructing a $75 million, 300-unit apartment community in Westminster that will include a dozen live-work, townhome-style units, the Dallas-based company announced today. The Legacy on the Promenade will be completed in the fall of 2018. Diamond Realty Investments Inc., a wholly owned subsidiary of Mitsubishi Corp., is Legacy’s partner in the development. Read More About Legacy unveils $75 million Westminster community
December 19, 2016
Legacy and Chinese partner purchase Redmond Square for $31M
The Redmond Square business complex in downtown Redmond was sold to Legacy Partners, Inc. last month for $31 million. The sale went through Nov. 10 and was the result of 6-8 months of conversations between Legacy, a privately owned national real estate firm, and the land seller. According to a Legacy press release, the company partnered with a Beijing-based public company … Read More About Legacy and Chinese partner purchase Redmond Square for $31M
December 5, 2016
Mercer Island’s Hadley apartment building opens to residents
Mercer Island’s newest apartment building, the Hadley, is ready for move-in, and is about 25 percent leased. The prices are $1,150-$1,850 for a studio, $1,800-$2,200 for a one-bedroom and $2,000-$2,900 for a two-bedroom. There are several floor plans in each category. Amenities include a rooftop deck with an outdoor fireplace, a theater room, a fitness center, a conference room and a … Read More About Mercer Island’s Hadley apartment building opens to residents
November 22, 2016
Marina del Rey’s remodeled Mariners Bay apartments renting from $2,500
Real estate firm Legacy Partners, Inc. announced today that it has wrapped up the first phase of a major renovation project of Mariners Bay, an apartment complex built in the mid-1970s. Fifty-seven of its 379 units have been updated, and they’re looking very on-trend. The complex is now called Wayfarer Apartments + Marina (a bit ironic for a waterfront … Read More About Marina del Rey’s remodeled Mariners Bay apartments renting from $2,500