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Theory-U
DevelopmentNewsWashington

PeakMade, Blue Vista Complete Theory U District Near the University of Washington

by Katie Sloan

Seattle — PeakMade Real Estate and Blue Vista Capital Management have completed construction on Theory U District, a 441-bed student housing development located near the University of Washington in Seattle. The seven-story community offers studio to five-bedroom, fully furnished units. Shared amenities include a fitness center, study spaces, a ground-level courtyard and rooftop amenity deck with views of the Seattle skyline. The community opened in September prior to the start of the 2022-2023 academic year. “We are very excited to be a part of the U District community and to …

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Mark-Seattle
DevelopmentNewsOff-campusWashington

Landmark Properties to Break Ground on 500-Bed Development Near the University of Washington

by Katie Sloan

Seattle — Landmark Properties is set to break ground on The Mark at Seattle, a 500-bed student housing development located near the University of Washington campus. The Athens, Georgia-based company just closed on the acquisition of a development site for the project at 1200 NE 45th St. in Seattle. The community will offer a mix of one- to five-bedroom fully furnished units. Shared amenities will include a 24-hour study lounge, computer lab, fitness center, club room, rooftop deck with a swimming pool and a sauna, alongside 3,300 square feet of …

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Company NewsNewsTexasWashington

Digital Marketing Firm Conversion Logix Introduces TikTok Ads, Virtual Assistant

by Katie Sloan

Seattle and Austin, Texas — Digital marketing firm Conversion Logix has launched TikTok advertising services and a new virtual assistant. The company’s virtual assistant, Claire, offers answers to frequently asked questions 24 hours per day, allowing client’s website visitors quick responses to questions while increasing lead conversions through prompts to schedule a tour or claim offers based on their initial contact. Conversion Logix has offices in Seattle and Austin, Texas. 

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Victory-U
DevelopmentNewsOff-campusWashington

Champion Real Estate to Break Ground on 516-Bed Development Near the University of Washington

by Katie Sloan

Seattle — Champion Real Estate Co. has acquired .33 acres of land at 700 NE 45th St. near the University of Washington campus in Seattle for the development of a 516-bed student housing community. Dylan Simon of Kidder Matthews represented Champion and the undisclosed seller of the development site, which was acquired for $7.3 million. Named Victory at the U, the community will offer fully furnished units alongside shared amenities including study and fitness centers, recreation space and a rooftop deck offering views of Lake Union. 

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Annex-Washington-State
DevelopmentNewsOff-campusWashington

The Annex Group, Eastmark Announce $47.8 Million Development Near Washington State

by Katie Sloan

Pullman, Wash. — A joint venture between The Annex Group and Eastmark Capital Group has announced The Annex of Pullman, a $47.8 million student housing project located near Washington State University. Construction is currently underway on the development, which is located adjacent to the north side of the university’s campus at 1555 NE Northwood Drive in Pullman. The garden-style project will offer 399 beds in 204 one-, two-, three- and four-bedroom units. Shared amenities are set to include a fitness center, study rooms, a clubhouse, outdoor patio and parking. The …

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Capstone-Bothell
DevelopmentNewsOn-campusWashington

Construction Underway on 1,055-Bed Residence Hall at the University of Washington Bothell

by Katie Sloan

Bothell, Wash. — Construction is underway on a 1,055-bed residence hall at the University of Washington Bothell.  The community is being developed through a public-private partnership (P3) between the university, Capstone Development Partners and Harrison Street. The 300,000-square-foot development will replace Husky Village, an existing student housing community on the university’s campus in Bothell, roughly 15 miles outside Seattle.  The project will include three six-story residential buildings offering suites and apartments for both undergraduate and graduate students. The development will also include a 15,000-square-foot dining facility and 20,000 square feet …

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NewsOperationsWashington

Peak Campus Awarded Management of 762-Bed Community Near the University of Washington

by Katie Sloan

Seattle — Peak Campus has been awarded management of Trailside, a new development by Phoenix Property Co. and Barings near the University of Washington campus in Seattle. The 762-bed community is located on the Burke-Gilman Trail in Seattle’s University District. Shared amenities at the property include outdoor amenity space, reserved parking, a 24-hour clubhouse and fitness center, private study lounges, game rooms and a 10,000-square-foot rooftop lounge. “We are thrilled to have been given the opportunity to help bring this fantastic project to life for the University of Washington community,” …

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DevelopmentNewsWashington

Joint Venture Breaks Ground on 441-Bed Community Near the University of Washington

by Katie Sloan

Seattle — A joint venture between Peak Campus and Blue Vista Capital Management has broken ground on Theory U District, a 441-bed student housing community located near the University of Washington campus in Seattle’s University District. The seven-story development will offer fully furnished units alongside communal amenities including a fitness center, business center, courtyard, rooftop amenity deck, gathering and grilling areas and an outdoor kitchen. Construction financing for the project, set to open in fall 2022, is being provided by the Bank of Oklahoma. 

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The Ruckus
FinanceNewsWashington

Highland Realty Capital Secures $40.95 Million Financing for 976-Bed Community Near Washington State

by Katie Sloan

Pullman, Wash. — Highland Realty Capital has secured a $40.95 million bridge loan for The Ruckus, a 976-bed student housing community located near Washington State University in Pullman. The company secured financing — $2 million of which will be used to convert 89 four-bedroom units into three-bedroom units with bed-to-bath parity — through a Los Angeles-based debt fund on behalf of the borrower, NB Private Capital (NBPC). “Bed-to-bath parity is always an issue, and with COVID-19, it became an obvious upgrade for us to make,” says Blake Wettengel, president of NBPC. 

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Lakeview Student Residences
DevelopmentNewsWashington

Greystar to Break Ground on $145 Million Community Near the University of Washington

by Katie Sloan

Seattle — Greystar is set to break ground on Lakeview Student Residences, a $145 million student housing community located in Seattle’s U District near the University of Washington. Greystar recently purchased a five-parcel assemblage of existing apartment buildings located at NE 42nd St. and 12th Ave. NE for the development for $17 million. Dan Chhan, Tim McKay and Sam Wayne of Colliers International represented Greystar and the undisclosed seller in the transaction. “This is a core location with high-rise zoning, just three blocks from the University of Washington and one block from the …

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