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Chinese Developer Binjiang Offloads Seattle’s 142-Room Sound Hotel for $35MM

September 8, 20263 Mins read739
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Photo by Dylan Vo on Unsplash
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A Hangzhou Binjiang Real Estate Group affiliate has cashed out of the boutique hotel it helped build atop Belltown's Arrivé tower, transferring the 142-key Sound Hotel to Legacy Development & Management for $35 million as Seattle's lodging market cools. An Albuquerque hotel investor with a growing Pacific Northwest presence has taken over the hospitality component […]

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