Ballard Development Deal Finalized

We are excited to announce that Hamilton Urban Partners has closed on a
development deal in the North Ballard / Loyal Heights neighborhood of Seattle.image001-5image001-6

 

 

 

 

 

 

 

 

 

 

Just up the street from the vibrant Ballard district, this safe, walkable, and transit-friendly location is currently the site of Restaurante Michoacan. The restaurant will stay on as a tenant during the entitlement process. With the permit process starting up soon and preliminary construction estimated to begin in early 2018, we are excited to add this project to HUP’s portfolio. Stay tuned for updates as we pursue the Master Use Permit.

 

 

 

 

Promising Silverdale Property Added to Portfolio

Working with a local investor, Hamilton Urban recently acquired The Reserve at Bucklin Hill. Built in 1988, the Reserve is a 154 unit, garden style property that is one of the top performers in a tight Silverdale market. While The Reserve has been well maintained and is in good condition, Hamilton Urban has plans to perform modest renovations on common areas and unit interiors while driving operational improvements.

reserve

reserve 2

 

 

Hamilton Urban Expands into Columbia City

With the recent purchase of Columbia Green, Hamilton Urban is excited to join the vibrant Columbia City neighborhood. Located at 4700 35th Ave. S, Columbia Green has convenient access to light rail and the lively retail core. The 14-unit building offers efficient, yet spacious layouts and is a great example of solid 1950s construction quality with newer vinyl windows, roof, and marblecrete siding. Hamilton Urban will make both interior and exterior updates with a plan to hold the asset long term.

Columbia GreenIMG_1904

 

Hamilton Urban Acquires Gordon Apartments

Hamilton Urban is pleased to announce the purchase of the 18-unit building located in Seattle’s picturesque Queen Anne neighborhood. This charming historic building features a handsome brick exterior and a beautiful interior rich with period detail. The company plans to make updates to the property and hold the asset long term. Hamilton Urban and private investors funded equity capital for the project. The company would like to thank Dan Piantanida at GP Realty Finance for arranging debt financing for the project with Pacific Crest Savings Bank and Mark McAlister of City Center Real Estate for providing brokerage services.

Hamilton Urban Acquires Mod-19 Apartments Development Project

Hamilton Urban Mod-19 Apartment RenderingHamilton Urban recently purchased the site and permitted plans for an 8-unit apartment development located in Seattle’s Capitol Hill neighborhood. The project, named Mod-19, will feature modern architecture with clean detailing, bright and open floor plans, and views to Lake Washington, the Cascades, and Mt. Rainier.  Additionally, the Built Green 4-Star certified project will be constructed using the latest modular building technology.  The company plans to develop the property and hold the asset long term. Hamilton Urban and private investors funded equity capital for the project. OneBuild will provide modular construction while Heartwood Builders will handle site work.  Puget Sound Bank is providing construction financing for the project.

Hamilton Urban Acquires Corona Apartments

Hamilton Urban recently purchased the 25-unit Corona Apartments located in Seattle’s Queen Anne neighborhood. The property offers views of the Space Needle and has charming features from its original 1909 construction. The company plans to make updates to the property and hold the asset long term. Hamilton Urban and private investors funded equity capital for the project. Dan Piantanida at GP Realty Finance arranged debt financing for the project with Opus Bank while Curran Hagstrom and Collin Hagstrom of Westlake Associates provided brokerage services.

Hamilton Urban Acquires Roxborough Apartments

Hamilton Urban is pleased to announce the closing of Roxborough Apartments, a 25-unit classic brick building constructed in 1920. The property is centrally located in Seattle’s Capitol Hill neighborhood. The company plans to restore the property’s historic features, update the apartment homes and modernize the building systems. Brokerage services were provided by Mark McAlister of City Center Real Estate and Jim Nicols of Kidder Mathews.

Hamilton Urban Acquires Roselawn Apartments

Hamilton Urban Partners is pleased to announce its acquisition of Roselawn Apartments. This charming turn-of-the-century brick apartment building sits in one of the most appealing parts of Seattle’s sought after Capitol Hill neighborhood. JP Morgan Chase provided attractive debt financing for the project. Hamilton Urban and private investors funded equity capital.

Hamilton Urban Closes on Wellington Apartments

Hamilton Urban Partners is pleased to announce its purchase of Wellington Apartments, a classic brick building on Capitol Hill in Seattle Washington. Hamilton Urban closed on the purchase without debt financing, raising equity capital from private investors and a local institutional investor. The purchase marks Hamilton Urban’s second closing over the previous seven months in the Capitol Hill Area.