With the help of Builders Capital, this privately held, experienced builder/developer who specializes in luxury single family residences in Seattle, purchased four parcels in the Portage Bay area. On the parcels, four modern homes will face Portage Bay and terrace down the hillside toward the water. Each home will have three bedrooms, additional flexible space and two to three bathrooms. The homes will have integrated study or lounge space and a double-height gathering kitchen space. The homes are expected to be priced between $1.9M and $2.2M.
Builders Capital was able to close quickly and provide a high LTV purchase loan.