SRM Development
Gridline Apartments in Seattle Obtain $60MM Construction Financing
JLL Capital Markets led the financing efforts for the 178-unit Gridline Apartments development in Seattle, Washington SEATTLE, May 12, 2022 – JLL Capital Markets announced...
SRM and DASH Partner to Build More Than 235 Low- and Middle-Income Affordable Apartment Homes Near Downtown Bellevue
Project advances with financing through Microsoft’s Affordable Housing Initiative that provides lower-cost capital to ensure long-term affordable rents February 28, 2022 – Bellevue,...
SRM Development Buys Holiday Inn Express in Bellevue for $32.5MM
By Meghan Hall A Holiday Inn Express under construction in Bellevue has traded hands. According to public records, Spokane, Wash.-based SRM Development purchased...
Santa Monica-Based MJW Investments Buys Bellevue Apartment Complex for $27.5MM
By Meghan Hall Investment into the Puget Sound’s multifamily industry continues, especially into Bellevue, which has experienced rapid growth. In a transaction that...
SRM Development Makes Third Strategic Bellevue Acquisition, Buys Multifamily Complex for $18.15MM
By Meghan Hall A Spokane, Wash.-based developer has been strategically buying Belllevue property over the past several months as development within the Eastside...
MCR Hotels Buys Renton Residence Inn for $41.8MM
By Meghan Hall In recent weeks, a number of hotels across the Puget Sound have sold, and another recent transaction has been added...
SRM Development Buys Bellevue Hotel for $30MM
By Meghan Hall A hospitality property not far from downtown Bellevue has been purchased by a well-known regional developer as the city continues...
Google’s Kirkland Expansion Continues with Tech Giant Leasing 182,000 SQFT
By Meghan Hall Google’s unquenched thirst for space in Kirkland has the mammoth tech firm leasing up more offices on the Eastside near...
Development Site in Downtown Mercer Island Hits the Market
By Meghan Hall Mercer Island, which is sandwiched between downtown Seattle and Bellevue—two of the fastest growing cities in the Puget Sound—is starting...
Knights of Columbus Building in Seattle’s Pike/Pine Slated to Become Part of 128-Unit Residential Development
By Meghan Hall In June of 2018, Spokane, Wash.-based SRM Development acquired the historic Knights of Columbus building in Seattle’s Pike/Pine neighborhood, purchasing...
SRM Development Acquires Three-Parcel Property in Capitol Hill for $18.5MM With Plans to Redevelop
By Jack Stubbs Seattle’s Capitol Hill neighborhood has experienced no shortage of activity in recent months, and a three-parcel property slated for...
