This week the news broke that an affiliate of Silverstein Capital Partners, who originally was Avenue Bellevue's lender providing a $700m loan is now in control of the project. Avenue Bellevue is a twin tower condo project, the Avenue Residences and the Avenue Estates. Across both towers, they're about 40% sold with their 100th unit closing today.

We hear not to expect much changes in terms of asking prices for the remaining homes to sell as Avenue has been achieving some very high dollars per square foot and they've sold two floors of penthouse at the Avenue Estates.

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Urban Living is a boutique real estate brokerage helping clients in Seattle and on the Eastside buy and sell amazing homes. Urban Living started in 2006 as a blog about Seattle real estate with an emphasis on lofts, condos, new construction, and midcentury moderns. In 2018 we formed a brokerage so we could help readers buy and sell the amazing homes we featured. From Beacon Hill to Ballard (and beyond), from $200,000 to $5+ million, we'd love to help you.