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REALTORS® Reveal Buying and Selling Tips for a Competitive Real Estate Market

YourUpdateTV

A video accompanying this announcement is available at: https://youtu.be/McIbClV5apA Drive down any street in America over the past two years and one thing is obvious: the real estate market is booming. How hot is it? Nearly 9 out every 10 homes (86%) sold in September 2021 were on the market for less than a month. Existing-home sales jumped 7% in September as each of the four major U.S. regions witnessed monthly sales increases. The median existing-home sales price climbed 13.3% from a year ago. So, what is the real estate outlook for 2022? The National Association of REALTORS® weighs in. “All markets are seeing strong conditions and home sales are the best they’ve been in 15 years,” said Dr. Lawrence Yun, chief economist of NAR. “The housing sector’s success will continue, but I don’t expect next year’s performance to exceed this year’s.” Additionally, Yun predicts that mortgage rates will see an increase of 3.7% in the coming months, a rise attributed to persistent high inflation. Home prices rose an average of 12% in 2020 and 2021, while inflation rose 3%. While NAR has a good idea of what to expect nationally, nobody knows your neighborhood better than a REALTOR® who lives and works in your community. They wade through complicated, data-heavy volumes of information about local markets to help consumers navigate what is the most complex and important transaction of their lives. In fact, while most buyers begin their home search online, 9 out of 10 still choose the assistance of a trusted real estate agent to guide them through this infrequent, complicated transaction. For more information, visit https://www.realtor.com/ About YourUpdateTV: YourUpdateTV is a social media video portal for organizations to share their content. It includes separate channels for Health and Wellness, Lifestyle, Media and Entertainment, Money and Finance, Social Responsibility, Sports and Technology. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

November 22, 2021 09:00 AM Eastern Standard Time

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Monarch Apartment Homes Reaches Milestone and Breaks Ground in Palm Springs

Community Housing Opportunities Corporation

The first affordable housing complex in Palm Springs in more than 12 years is moving forward. The Monarch Apartment Homes, a 60-unit affordable housing community located in Palm Springs, CA, officially broke ground on October 28. Under development by the Community Housing Opportunities Corporation (CHOC ), an organization dedicated to expanding affordable housing, the complex serves as an excellent example of how the affordable housing challenge can be solved in cities throughout the state. The CHOC Monarch Apartment Homes is expected to be completed in 2023. “It has been stated that housing is a human right,” said Manuela Silva, CEO of CHOC. “Affordable housing allows residents to live in cities that they would not otherwise have been able to afford. As a result, residents have better school choices.” Dignitaries present at the groundbreaking included California State Treasurer Fiona Ma, Palm Springs Mayor Christy Holstege, City Councilmembers Lisa Middleton and Dennis L. Woods, Lift to Rise CEO Heather Vaikona, 4 th District Riverside County Supervisor V. Manuel Perez and CHOC CEO Manuela Silva. Heather Vaikona was the event’s master of ceremonies. “Governor Gavin Newsom has allocated $500 million of state low-income housing tax credits over the last three fiscal years. That is significant in making projects like this,” said California State Treasurer Fiona Ma. “It also has made our bonds competitive because the state tax credits need to be combined with the bonds.” In partnership with the city under a Disposition Development Agreement (DDA), CHOC will develop the land with rental apartments consisting of one-, two- and three-bedroom units. The project is financed by California Municipal Finance Authority (CMFA), the City of Palm Springs, the County of Riverside, Flagstar Bank, the California Community Reinvestment Corporation (CCRC), California Tax Credit Allocation Committee (CTAC), and California Debt Limit Allocation Committee (CDLAC). “The full city council has unanimously supported this project and our partnership with CHOC includes donating this beautiful and valuable piece of land we are standing on today to the developer appraised at $840,000 contributing an additional $1.8 million of city funds to get this project done,” said Palm Springs Mayor Christy Holstege. “We covered $250,000 in permit fees so the total contribution of nearly $3 million to cover the gap to support CHOC to get this done.” “Like many of our cities, the area is heavily reliant on hardworking, low-income workers that are the backbone of many industries here, yet they often have to choose between paying for housing versus other necessities such as childcare, food, and healthcare,” adds Silva. “This is the first new affordable housing property in 12 years and there is more to come. I am proud of Riverside County, the City of Palm Springs, the mayor and our council members,” said Supervisor V. Manuel Perez. The $31 million complex includes sloping rooftops that mimic the monarch butterfly, and natural desert plants to blend in with the surrounding communities. The development sits on a 3.62-acre vacant parcel of land owned by the City of Palm Springs Successor Redevelopment Agency. The property is located at the Southeast corner of N. Indian Canyon and San Rafael Drive in the Upper Westside One Palm Springs Neighborhood. In partnership with the city under a Disposition Development Agreement (DDA), CHOC will develop the land with rental apartments consisting of one-, two- and three-bedroom units. All units will have balconies or patios with a community building for a computer classroom, a rental office, and a community lounge that can be used for group functions. Amenities include a dog park, a Monarch Park splash pad – which is a water feature with a deck area that is integrated into the main open space adjacent to a children’s play area as well as two BBQ areas. Designed under the direction of Maria Song, AIA, LEED & AP, principal with the Palm Springs-based architectural firm Interactive Design Corporation, (IDC) and HKIT Architects, the complex will blend in with the surrounding neighborhood, which is known for its mid-Century modern design influence. The property will be constructed by davisREED Construction, Inc., whose breadth of national experience ranges from five-star resorts to public works and other hotels including the Kimpton Rowan in Palm Springs, which was named among the Condé Nast Best New Hotels List. ### About The Community Housing Opportunities Corporation (CHOC): Founded in 1984, the Community Housing Opportunities Corporation (CHOC) is a non-profit, affordable housing developer based in Fairfield, California with offices in Palm Springs, creates and manages equitable communities for individuals, families, seniors, and those with special needs. CHOC believes that economically integrated affordable housing is key to self-sufficiency and is achievable with enriching, supportive programs that give pride to residents, stabilize families, and improve local economies. Visit www.chochousing.org to learn more. Contact Details The Hoyt Organization Cinnamon Thompson +1 310-933-6836 cthompson@hoytorg.com Company Website https://www.chochousing.org/

October 29, 2021 12:53 PM Pacific Daylight Time

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Cyvatar Named Finalist in Computing Security Excellence Awards 2021

Cyvatar

Cyvatar today announced that it has been chosen as a finalist in Computing’s Security Excellence Awards 2021 for the Small and Medium Enterprise (SME) Security Solution Award. Computing celebrates the achievements of the IT industry's leading security companies, solutions, products, and personalities that keep every other part of the industry operating. Award categories include product- and project-related recognition, organizational achievements, and accolades for outstanding individual success. Computing selected Cyvatar for its cybersecurity-as-a-service (CSaaS) platform, designed with SMEs in mind. SMEs are increasingly at the mercy of ransomware attacks, phishing scams, and other cyber threats, but unlike larger orgs, most SMEs don’t have the budget or expertise to invest in comprehensive in-house security programs. Moreover, they struggle to show value from the security tools they do buy. Cyvatar CSaaS democratizes cybersecurity, making the best protection accessible and affordable for any SME regardless of budget, even if they have no cybersecurity expertise in-house. Customers can select the membership and pricing that meet their desired business outcomes in seconds; a freemium model ensures they can achieve tangible results fast with no out-of-pocket costs--an industry first. And they can cancel anytime--another industry first. “We don’t throw technology over the wall and expect our customers to figure it out themselves the way many product companies do,” said Corey White, Cyvatar co-founder and chief executive. “We deliver all three pillars of cybersecurity—the teams, technology solutions, and best practices—to SMEs that would not otherwise be able to implement them. Our subscription model ensures they don’t end up buying solutions they can’t use or don’t need, and our platform lets them see at a glance what’s going on in their environment to give them the best cyber prevention available.” Cyvatar offers its proprietary ICARM™ (install, configure, assess, remediate, maintain) methodology to deliver smarter, more efficient solutions, allowing SMEs to achieve security compliance and cyber-attack prevention faster and more effectively. ICARM ensures SMEs won’t get crushed under the weight of too many products, and guaranteed outcomes mean they get maximum value from their technology spend. Choose the Cyvatar membership with the best outcomes for your business today. About Cyvatar Cyvatar is committed to effortless cybersecurity for everyone. As the industry’s first subscription-based, cybersecurity-as-a-service (CSaaS) company, it’s our mission to transform the way the security industry builds, sells, and supports cyber solutions. We empower our members to achieve successful outcomes by providing expert practitioners, market-leading technologies, and proven best practices to guarantee business results. Our approach is rooted in a proprietary ICARM (installation, configuration, assessment, remediation, maintenance) methodology that delivers measurable security solutions for superior compliance and cyber-attack prevention, all bundled into a fixed monthly subscription that members can cancel anytime. Cyvatar is headquartered in Irvine, California, with locations around the world. Begin your journey to security confidence at cyvatar.ai and follow us on LinkedIn and Twitter. Contact Details Cyvatar Dan Chmielewski +1 949-231-2963 dchm@madisonalexanderpr.com Company Website https://cyvatar.ai/

October 28, 2021 08:00 AM Eastern Daylight Time

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IIDA Commercial Interior Design Association Calls on California Legislators to Update Work Regulations to Reflect Critical Role of Those Who Ensure Safety and Efficacy of Public Spaces

IIDA

Did you know that California is the only state utilizing a private board to oversee interior design regulation? The Northern and Southern California chapters of IIDA (the commercial international interior design association) today recommended that a state board oversee the process. That and other joint proposals are part of IIDA’s legislative slate for critical updates to the state’s regulatory process for the commercial interior design profession. In early 2022, the Business and Professions committee of the California Legislature will undertake a sunset review of the regulation of the interior design occupation as established in 1990. The legislature originally scheduled the review in 2021 but deferred it due to the exigencies of the coronavirus pandemic. The pandemic brought to light greater public awareness about the essential work that commercial interior designers do to ensure that public spaces are designed to support the health and well-being of the people who use and occupy them every day. Commercial interior designers conceive and create the systems and aesthetics around space usage, air quality, surfaces and access in commercial spaces that include office buildings, government buildings, entertainment venues, airports, schools and hospitals. “We know – and the pandemic has shown - that commercial interior design plays a key role in promoting the health, safety and welfare of the public. Design also has the power to heal and bring people together,” said Verda Alexander, president of IIDA Northern California. “California’s regulations and standards for the commercial design profession lag far behind those of other states. The upcoming sunset review is the ideal moment to bring California up to the industry standard.” “With respect to public health, racial equity and climate change, we are living in unprecedented times,” added Meena Krenek, president of IIDA Southern California. “Commercial interior designers use design as a tool for championing social and environmental concerns and they represent the full diversity of California. Their professional standing should be regulated on an equal basis with our architectural colleagues.” Commercial interior designers are trained to identify and apply creative and technical design solutions to the interiors of commercial buildings – from offices and hospitals to restaurants and concert halls. Their goal is to understand the human experience within these spaces, and improve how people use them, while keeping the public safe and healthy. Their work must conform to local and state building and public health codes. Commercial design professionals understand these regulations and follow through to ensure compliance. IIDA recommends the following updates to California’s professional standards: IIDA supports the continuation of a voluntary certification or registration for interior designers, including commercial interior designers who practice in the code-impacted environment. Due to the health, safety, and welfare impacts of commercial spaces, the public’s best interest is served when commercial interior design is recognized and regulated. IIDA advocates for commercial interior designers to be regulated by a state board. IIDA believes regulating the industry by a state board provides transparency and equity for interior designers and the public. The current regulation is overseen by a private board. California is the only state in the country utilizing a private board to oversee interior design regulation. IIDA submits that the qualifying exam for certified or registered commercial interior designers be the NCIDQ exam. The NCIDQ exam is the industry’s national standard, and many states require this for certification or registration. California currently requires a unique exam that is not recognized by any other state. IIDA argues for commercial interior designers’ ability to stamp & seal drawings within a defined scope and for the acceptance of that stamp to be codified in state law to ensure consistent acceptance at building departments throughout California. Currently, Certified Interior Designers do not have codified stamp and seal privileges and experience inconsistencies in various jurisdictions when submitting drawings for review across the state. IIDA recommends that “commercial interior designers” be included in California’s definition of “design professional,” which also includes architects, engineers, landscape architects and land surveyors. Without this recognition, the thousands of commercial interior designers practicing in California are legally excluded, despite their critical role working in code-impacted environments. About IIDA The International Interior Design Association (IIDA) chapters of Northern California and Southern California are not-for-profit philanthropic organizations that represent more than 1,000 commercial interior designers. These IIDA chapters support and promote the commercial interior design profession through education, knowledge sharing, best practices, advocacy and research. The work of commercial interior designers touches the health, safety and well-being of millions of people every day. For information about IIDA Northern California, please visit www.iidanc.org. For information about IIDA Southern California, please visit: https://iida-socal.org/. # # # Contact Details Christina Marcellus +1 310-963-2023 Christina@capitoladvisors.org Company Website https://iida.org/

September 28, 2021 09:00 AM Pacific Daylight Time

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National Land Realty Sees 155% Jump in Rural Land Sales This Year

National Land Realty

National Land Realty, the nation’s fastest growing real estate land brokerage company specializing in farm, ranch, country estates, timber, recreational, and commercial development properties, today announced that for the first half of 2021, the company saw a 155.53% increase in land sales as compared to the same period last year. From January 1 to June 30, 2021, National Land Realty sold $678,166,278 worth of land, compared to $265,389,196 in the same timeframe in 2020. “National Land Realty is currently active in 40 states having recently added Maryland and New Jersey, and we’re getting ready to expand into New York and Delaware,” said CEO Jason Walter. “We have 348 active field team members and are continuing to add two new members on average each week, which means we’ll eclipse 400 very soon.” With 1,426 unique transactions year-to-date, National Land Realty has sold 167,493 acres of property worth more than $850 million. “We are well on our way to surpassing $1 billion in sales volume for 2021,” said Jason Burbage, President of National Land Realty. “Part of the reason for our rapid growth and success is that we’ve made heavy investments in land touring and mapping technology, such as Land Tour 360 ® and LandBase™, which gives our agents and brokers a big advantage over the competition.” National Land Realty recently released an updated version of Land Tour 360 ®, a revolutionary new way for buyers to view and navigate land parcels online. The unique mapping technology allows visitors to the company's website to view listings three dimensionally and explore rural land in ways previously unattainable. "Instead of showing a prospective buyer a video of a property where the agent technically remains in control, the Land Tour 360® interactive experience puts the controls into the hands of the buyer allowing them to view the property at their own desired pace and level of detail," said Aaron Graham, Chief Innovation Officer for National Land Realty. "Giving buyers this kind of self-guided shopping experience has proven to be extremely effective in the residential brokerage world through technology such as Matterport. We've been able to integrate Matterport's technology into our Land Tour 360® platform, so users are not only able to view the land in 3D, but they can also view the inside of buildings or structures in 3D." About National Land Realty National Land Realty (NLR) is the nation’s fastest growing real estate land brokerage company specializing in farm, ranch, country estates, timber, recreational, and commercial development properties. Highly regarded for its proprietary land touring technology, Land Tour 360 ®, as well as its GIS land mapping system, LandBase™, which catalogs land data in extremely detailed ways, the company makes it easy to view and zero in on the right property in the right place. Founded in Greenville, S.C. in 2007, NLR has more than 80 offices in 40 states. To learn more visit www.nationalland.com or call (855) 384-5263. Contact Details Razor Sharp PR Ray Young +1 512-633-6855 ray@razorsharppr.com Company Website https://nationalland.com/

September 22, 2021 08:30 AM Eastern Daylight Time

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Wanting to earn extra income? Here's an easy solution for people looking to rent out their homes

YourUpdateTV

Let’s face it, renting is challenging, and it goes the same for both, renters and landlords. Whether you’re searching for a lease or looking to make extra money, having access to a tech-enabled platform that facilitates the roommate/home search as well as the leasing and property management experience is a must. Recently, The CEO of Bungalow, Andrew Collins, teamed with YourUpdateTV on a satellite media tour to talk real estate 2.0. A video accompanying this announcement is available at: https://youtu.be/Fbn6bLzdevY Bungalow takes care of everything from matching great roommates and furnishing a home’s common areas to streamlining rent and utilities payments, handling service requests, and removing friction from the rental experience. In addition, Bungalow is able to offer rooms in the most desirable neighborhoods, by finding homes and optimizing spaces for roommate living, creating more affordable solutions in the cities and neighborhoods renters actually want to live in. As a two-sided marketplace, Bungalow also helps homeowners and investors earn up to 50% more NOI (net operating income) on their investment properties than they would with traditional property management systems. The platform provides AI-driven pricing, and seamless integration in top marketing channels delivering 2x more quality leads and occupancy in half the time compared with industry averages. Founded in 2017 by Andrew Collins and Justin McCarty, the company currently has more than 3,000 housemates in hundreds of homes across 16 markets. The company also just announced $75M in Series C funding which will go towards supporting its technology and innovation to accelerate growth as they expand to new markets - including Miami, Tampa, Atlanta, Houston and Phoenix - and bring the Bungalow experience to thousands more across the country. Go to Bungalow.com if you’re looking for a home to rent, you can search available homes in your area...or if you’re looking to rent out a property, you can discover how you can earn up to 50% more with Bungalow than using traditional property management companies. About Andrew Collins: Andrew Collins, co-founder and CEO of Bungalow, was inspired to create Bungalow after experiencing first-hand the difficulties of finding an affordable apartment and establishing a community when relocating to San Francisco. With COO and co-founder Justin McCarty, he identified a gap in the residential real estate market and seized the opportunity to create accessible rental options for people looking to move to new cities without an established personal network. Since launching in 2017, Bungalow has helped countless people find community through co-living. Andrew has a degree in Sociology from Princeton University and earned his M.B.A. from Wharton School of the University of Pennsylvania. About Bungalow: Bungalow is a residential real estate platform providing beautiful homes with great roommates, paired with a seamless digital-first experience for early career professionals. The company takes care of everything from matching great roommates and furnishing a home’s common areas to streamlining rent and utilities payments and handling service requests, removing friction from the rental experience. In addition, Bungalow helps its residents create a thriving community through its network. Bungalow is able to offer rooms in the most desirable neighborhoods by working directly with homeowners who are looking for a guaranteed income stream but don’t want to sell their homes. Founded in 2017 by Andrew Collins and Justin McCarty, the company currently has more than 3,000 housemates in hundreds of homes across 16 markets. For more information visit www.bungalow.com or follow Bungalow on Instagram, Twitter, and Facebook. About YourUpdateTV: YourUpdateTV is a social media video portal for organizations to share their content. It includes separate channels for Health and Wellness, Lifestyle, Media and Entertainment, Money and Finance, Social Responsibility, Sports and Technology. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

September 21, 2021 05:00 PM Eastern Daylight Time

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How Well Do States Support Small Businesses?

YourUpdateTV

The 2021 Small Business Friendliness Survey results are in from Thumbtack, the only app homeowners need to care for their home. This year, they heard from more than 3,600 small business owners in the home maintenance and construction industries as well as events, lessons, and business services who evaluated federal, state, and local governments on their experiences over the past year and the support they received. In addition, Thumbtack surveyed over 1,150 Americans to learn about the actions they’ve taken to champion local businesses. Recently, David Steckel, Home Expert at Thumbtack, participated in a nationwide satellite media tour to discuss the survey results and much more. A video accompanying this announcement is available at: https://youtu.be/XxtlN7bIbPw Cities and states across the U.S. received grades from “A+” to “F” on overall friendliness as well as several other factors including regulations, taxes, training opportunities and more. Here are some of the highlights: Overall Friendliest States for Small Businesses: Maine – A+ New Hampshire – A+ North Carolina – A+ Florida – A Georgia – A- Overall Friendliest Cities for Small Businesses: Jacksonville, FL – A+ Salt Lake City, UT – A+ Orlando, FL – A Baltimore, MD – A Seattle, WA – A- Female-Owned State Support Rank: Maryland – A+ Washington – A+ Massachusetts – A- Georgia – A- Virginia – B- BIPOC-Owned State Support Rank: Virginia – A+ Florida – A+ Maryland – A+ Georgia – A+ New York – A+ For more survey results and to explore services, visit Thumbtack.com About David Steckel: David Steckel is a Home Expert at Thumbtack, with 15 years of experience in the home building industry. At Thumbtack, he provides homeowners with the guidance they need to better plan, budget, and complete home maintenance projects. As a licensed general contractor, David has experience in custom home building as well as residential and commercial building maintenance. Prior to his role at Thumbtack, David founded Setter, a subscription-based home maintenance and repair service. About Thumbtack: Thumbtack is a technology leader building the modern home management platform. Through the Thumbtack app, homeowners can effortlessly manage their homes — confidently knowing what to do, when to do it, and who to hire. Bringing the $500 billion home services industry online, Thumbtack empowers millions of homeowners to fix, maintain, and improve their most valuable asset. Hundreds of thousands of local service professionals, from painters and plumbers to photographers and math tutors, use the Thumbtack platform to grow their business each year. About YourUpdateTV: YourUpdateTV is a social media video portal for organizations to share their content. It includes separate channels for Health and Wellness, Lifestyle, Media and Entertainment, Money and Finance, Social Responsibility, Sports and Technology. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

September 17, 2021 05:25 PM Eastern Daylight Time

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Lumen Apartments Fully Leased Less Than Six Months After Completion

Craig Davis Properties

Craig Davis Properties (CDP) released updated leasing information announcing the full leasing of its luxury multifamily property, Lumen Apartments, five months after completion. The lease up time of the property exceeded original projections, confirming CDP’s market intuition- the Hampton Roads market is growing and properties like multifamily luxury units will continue to be solid investments for developers and the community. The luxury Lumen Apartments provides state-of-the-art amenities, unrivaled in the region. The 300-unit community includes distinctive living spaces, with granite countertops, spacious kitchens and a wide variety of layouts to meet all residents’ needs. To view a full list of amenities, visit https://www.lifeatlumen.com. The neighborhood community and the Hampton Roads region at large both have a wide variety of entertainment, shopping and restaurants- making the property a unique crossroads of luxury and urban living. The Triangle NC based developer has additional plans for the Hampton Roads area as the region and development market continues to grow. “We are thrilled to see such a quick return on this investment,” said CDP CEO Craig Davis. “The Hampton Roads area was a perfect opportunity for a project of this magnitude and the team at Drucker + Falk Property Management went above and beyond to fully lease this property. We’re excited to work with them more on our upcoming multifamily projects, namely the Banks at Bridgewater, opening this fall in South Carolina.” Careful consideration went into selecting the perfect location for a property of this magnitude. The decision to develop on this site was strongly influenced by nearby economic drivers- Langley Air Force Base, Huntington Ingalls Industries, and other Fortune 500 companies headquartered in Hampton Roads. The CDP team worked with city officials to bring new life to the Hampton Roads Center North business park- by allowing a new residential component within the park. The organic rent growth at Lumen resulted in more than double the average monthly leases versus other multifamily properties in the area. About Craig Davis Properties Founded by Craig Davis, former NCSU basketball player and Triangle resident in 1988, Craig Davis Properties (CDP) has grown into an industry leader in the development community - building projects throughout North Carolina and the Southeast. CDP's broad portfolio of projects range from commercial to multifamily communities that offer a diverse, modern lifestyle and an appealing environment to live and work. The company has developed over 8 million square feet of multifamily, office, industrial and mixed-use products throughout North Carolina and the Southeast and has an additional 2,000 multifamily units currently in the pipeline in the Carolinas. To learn more visit https://www.craigdavisproperties.com Contact Details Scott Hellmuth +1 919-678-4212 Scott.Hellmuth@CraigDavisProperties.com

September 16, 2021 09:00 AM Eastern Daylight Time

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Seattle’s Tallest Mixed-Use Tower Welcomes its First Residents

Wright Runstad

Wright Runstad & Company and J. P. Morgan announced that they welcomed the first residents to The Residences at Rainier Square earlier this summer. Located in the heart of downtown Seattle, Rainier Square’s striking profile is wrapped in glass and prism panels, making it an exciting addition to the skyline. Wright Runstad & Company partnered with institutional investors advised by J.P. Morgan Global Alternatives on development of the Rainier Square mixed-use project. Sitting atop Rainier Square, The Residences are an exclusive collection of 189 for-lease homes that start where other towers end, occupying floors 39-58 of the mixed use structure. The 40th floor Sky Lobby is 550 feet above the street and boasts 20-foot ceilings and walls of windows. With horizon-to-horizon views, every home offers unprecedented penthouse-height living, making each one an opportunity like no other in downtown. The Residences offer exclusive and spacious 1, 2, and 3-bedroom plans and a handful of top floor Penthouses, each with more than 3,000 square feet of living space. The Residences at Rainier Square were designed and finished to the standards of Seattle’s premier condominium homes, and some of its early residents have taken advantage of its unique offering of leases up to 20 years in length. Long-term leasing, while not new in other areas of the country and world, is not common in Seattle and it is just one more detail that sets The Residences at Rainier Square apart from any other luxury rental building in the city. NBBJ is the architect for Rainier Square’s signature tower and The Residences were designed by Ankrom Moisan Architects and The Society. Wright Runstad & Company’s residential development team also included The Schuster Group as owner’s representative and Turner Construction as general contractor. Greystar serves as the community manager and leasing agent for The Residences. With approximately 14,000 square feet of curated and exclusive amenity spaces, residents have abundant opportunities to relax, connect and practice wellness. Residents also enjoy 24/7 concierge services that add convenience and efficiency to their daily lives, and amenities are trophy quality with unique features like a Full Swing golf simulator within the golf lounge and an indoor grilling station that opens to the fresh air. Every detail was thought of not only for the residents, but their four-legged friends including a full-service pet lounge with grooming stations, an exercise room, play area, and pet relief. “Our goal was to create a vertical community within the heart of Downtown Seattle where residents could live, shop and work,” said Jon Runstad, chairman of Wright Runstad & Company and a new resident. Jon adds, “Rainier Square will feature a new PCC Community Market at The Residences’ doorstep along with other exclusive retail offerings. Residents who work remotely will appreciate the expansive co-working spaces along with reservable conference and entertaining spaces. Our design and development team worked hard to bring the best aspects of multifamily and hospitality together to create an unforgettable living experience.” Most homes offer powder rooms for guest use, including one-bedroom homes, a unique touch in the multifamily sector. Every residence also features luxury hardwood-style flooring, high-end Italian Bertazzoni appliances, gas ranges, panelized appliances, waterfall islands, casework with integrated lighting, backlit mirrors, walk-in showers featuring tiled surrounds and glass doors, custom closet systems, air conditioning, smart home technology, and infinite views to the water and skyline. Premium homes feature upgrades including double ovens, built-in microwave drawers, an undercounter wine fridge, soaking tubs, full size pantries, custom built-in casework, linen cabinets, and walk-in laundry rooms. On the upper floors of The Residences, soaking tubs are featured along the glass so residents can unwind while taking in the breathtaking views, a luxury afforded by the privacy of living 800 feet above the city. The penthouse homes have additional upgrades beyond the premium offerings, including Wolf and Subzero appliances, a full-size Subzero wine fridge, concealing casework on appliances, two panelized dishwashers, gas fireplaces, and electric roller shades. Visitors can explore all of the exclusive features of The Residences at Rainier Square by visiting its website at www.liverainiersquare.com. Tours for interested prospective residents can also be reserved on the website. For more information about Rainier Square, visit www.rainiersquare.com About Wright Runstad & Company: Seattle-based Wright Runstad & Company develops, acquires, manages and leases high-quality commercial office and mixed-use buildings located primarily in the Pacific Northwest. The company is in its fifth decade as one of the region's premier real estate development and operating companies, delivering outstanding property performance and superior investment returns. Wright Runstad & Company maintains an exceptional reputation among tenants and institutional investors for its demonstrated commitment to integrity and high levels of quality and service. For more information, visit www.wrightrunstad.com About J.P. Morgan Global Alternatives: J.P. Morgan Global Alternatives is the alternative investment arm of J.P. Morgan Asset Management. With more than 50 years as an alternatives investment manager, $191 billion in assets under management and more than 600 professionals (as of June 30, 2021), we offer strategies across the alternative investment spectrum including real estate, private equity, private credit, hedge funds, infrastructure, transportation and liquid alternatives. Operating from offices throughout the Americas, Europe and Asia Pacific, our independent alternative investment engines combine specialist knowledge and singular focus with the global reach, vast resources and powerful infrastructure of J.P. Morgan to help meet each client's specific objectives. For more information: visit www.jpmorgan.com/am Contact Details Forrest Carman +1 206-859-3118 forrestc@owenmedia.com Company Website https://liverainiersquare.com/

September 15, 2021 09:00 AM Pacific Daylight Time

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