homeWelcome, sign in or click here to subscribe.login



Real Estate

Subscriber content preview

August 5, 2022

Amazon aids senior housing deal in Rainier Valley

Real Estate Editor

Photo by Brighton Development Group [enlarge]
The long, low-rise building is on the corner of South Holly Street.

Down in the Rainier Valley, the 25-unit Arches traded for just under $6.4 million in June, as the DJC then reported. The buyer of record at 6601 Rainier Ave. S. was the Southeast Seattle Senior Foundation (dba Brighton Development Group), which borrowed the full amount via a short-term loan from 1st Security Bank. Brighton will become the official owner via a new LLC, it says, after some minor paperwork is soon inked.

. . .

To read this story in full login or purchase a subscription.

Email or user name:
Forgot password? Click here.