Crescent Capital Partners, a private equity firm based in Sydney, recently submitted a Master Development Plan application to the City of Bellevue. The development, Crest Holdings, is a residential mixed-use project, to be constructed in two phases. The site address is 929 109th Avenue Northeast. According to the application, the […]
Tag: Weber Thompson
Avenue Bellevue Shatters Real Estate Records with $14.35M Condo Sale
In a groundbreaking achievement for the real estate market, Avenue Bellevue has recently set a new price record for condominiums in the state of Washington. The luxury development, located at the corner of Northeast 8th Street and Bellevue Way, has made headlines with its extravagant penthouse sales and remarkable price […]
InterContinental Hotel in Bellevue to Open October 2023
Benchmark Resorts & Hotels, the independent lifestyle division of Pyramid Global Hospitality, will open InterContinental® Bellevue at The Avenue this October. The first Pacific Northwest hotel by InterContinental Hotels & Resorts, it is owned by Fortress Development and is a striking new hospitality and residential development located in downtown Bellevue, […]
$8 Million Bellevue Penthouse Condo Sets Sales Records
Avenue Bellevue, the two-tower luxury condo, hotel, and retail project, recently announced that their penthouse unit has sold for $8,004,000. The three-bedroom, three-and-a-half bath unit is one of the highest priced condominiums ever sold in Bellevue. The 2,725 square foot condo cost $2,937 per square foot, setting an all-time record […]
Mixed-Use Project, Avenue Bellevue, Closes Largest Construction Loan in Bellevue History for $700M
Avenue Bellevue, LLC, in partnership with Fortress Development, recently announced that they secured financing for its flagship project, Avenue Bellevue. The two-tower luxury condo, hotel and retail project, is currently under construction. The $700 million transaction with Silverstein Capital Partners is the largest construction loan in Bellevue history. It is […]