For anyone considering the Cosmopolitan in Seattle, they must re-visit its past. As most of you know the Cosmo had an epic rise and fall all within 2 years. Read the italiasized text from a previous post of mine as a reminder and then follow along below to participate in a discussion about where the [...]
In a press release that hit my e-mail this morning, Olive 8 announces a two year extension on their construction loan. I believe that US Bank needed to do this due to their initial investment and to help meet some of their standards on lending to “Green” built product. I think we will see more [...]
The Cosmopolitan built in 2007 has much to offer http://www.cosmopolitanseattle.com/
This 100 million plus project was built with much anticipation. I consider their sell-out in 2005 to be one of the last projects to really benefit from the reservation frenzy. The developer Morteson Construction worked with Miller Condominium Marketing to elicit full price sales, upgraded unit packages [...]
Ever wonder if buying a green home is a sound financial investment? A recent article in the Seattle Times discusses recent statistics and the benefits of buying a green home. It cites a study by GreenWorks Realty which reviewed the NWMLS King County condominium sales from September 2007 – May 2008 and included only new construction built in [...]
As discussed in many of our previous blogs, the “wait & see” approach has continued through the middle of summer. It is amazing to watch the natural progressions of the real estate market auto correcting. Condo Conversions have come to a screeching halt, new construction has been put on hold, and many condo projects have converted to either Apartments [...]
