Prospective Buyers and Brokers Position for Priority Presales of 203 New Condominiums Offered from Below $400,000
Da-Li International, LLC, a Taiwan–based real estate development company and Realogics Sotheby’s International Realty (RSIR) will host a reservation event for the much-anticipated KODA Condominiums at the New Developments Preview Center at 2715 1st Avenue in downtown Seattle on February 24th beginning at 11am. The 203-unit, 17-story condominium project will be built at 450 South Main Street at the gateway to Seattle’s historic International District offering efficiently-scaled homes ranging in size from below 400-sq. ft. to more than 1,100-sq. ft. with introductory pricing from below $400,000 to more than $1.3 million. The homes are being offered for individual unit reservations, which identifies a specific condominium referencing its preliminary floor plan, design specifications and price range in advance of official presales, which are anticipated to commence in the summer 2018 commensurate with the opening of the KODA Sales Center and the groundbreaking of the development.
Global Real Estate Network Celebrates RSIR Broker Becky Gray in Significant Sale from Around the World
Executives of Realogics Sotheby’s International Realty (RSIR) confirmed today the closed sale of a property in Medina, Washington, for $26.75 million, which was listed for sale by RSIR broker and Global Real Estate Advisor Becky Gray. The estate is the most valuable residential listing ever listed and sold on the Northwest Multiple Listing Service.
Sotheby’s International Realty Affiliates LLC today announced that Mendo Realty in Mendocino and Fort Bragg, California, is the newest member of its global network and will now operate as Mendo Sotheby’s International Realty.
Established in 1963, the boutique firm is owned and operated by Gregory J. Burke, Allan Cone, and Arvin Reed. It will serve the luxury residential real estate markets of the Mendocino Coast and into the Anderson Valley and Comptche.
Realogics Sotheby’s International Realty to Relaunch UrbanCondominiums.com; Plans New Developments Gallery in Downtown Seattle
What a difference a decade makes. For the first time in ten years, Realogics Group of Companies and its brokers are again representing ten new multi-family for-sale condominium and townhome developments in downtown Seattle and surrounding neighborhoods. Although the project marketing specialists admit the current condo cycle is just a fraction of the last one. Still, the newly announced inventory has spurred the redeployment of a once popular website at UrbanCondominiums.com and a planned opening of a New Developments Preview Center in Belltown. The firm seeks to help prospective homebuyers compare the “new but few” for-sale opportunities in what’s otherwise considered to be anemic condo supply in the city. The reality is despite the rising demand to own, developers (and their construction lenders) have overwhelmingly preferred to build apartments for rent in recent years. In fact, of the 27,000 new housing units being developed in downtown Seattle this decade more than 94-percent of this supply will deliver for lease and not for purchase.
Jie Jiao vs. Connie Blumenthal and Realogics Brokerage, LLC
To our community,
Realogics Sotheby’s International Realty (RSIR) is a values-driven, client-focused company that operates with the highest integrity. We know that trust is the very cornerstone of a brand. Since our founding in 2010, RSIR has earned a reputation for being a progressive, ethical, honest and successful real estate brokerage that is home to more than 225 brokers as independent contractors. Our brokers have participated in thousands of transactions, including many with international buyers, and consistently deliver extraordinary customer experiences without legal challenges. We have become an industry leader – perhaps that also makes us a target.
Sotheby’s International Realty Affiliates LLC today announced that its independently owned and operated affiliate, Ocean Sotheby’s International Realty in Islamorada, Florida, has acquired Tradewinds International Real Estate. The acquired firm will now operate as Ocean Sotheby’s International Realty.
The acquisition expands Ocean Sotheby’s International Realty into new markets, including Marathon and Key West, while continuing to serve the luxury residential real estate market in Islamorada. With this addition, the firm has now grown to over 30 independent sales associates.
Market Experts Array Pent Up Demand for In-City Homeownership; Downtown Seattle Condo Prices Surge 33%
Representatives of Realogics Sotheby’s International Realty and Burrard Group announced a major milestone in the development of the 41-story NEXUS Condominium Tower today as it begins a vertical ascent towards completion in fall 2019. With excavation now complete, SKANSKA, the general contractor for NEXUS, has poured the foundation mat, which comprised of 3,900 cubic yards of concrete and measures up to twelve feet thick.
Local Leaders in Global Real Estate Position for Further Growth; Expand Operations with Downtown Seattle Annex
Representatives of Realogics Sotheby’s International Realty (RSIR) announced today the appointment of Stacia Smith to Director of Sales / Seattle Branch Manager overseeing approximately 85 licensed brokers in Seattle with plans to double in size by 2020.
“We are elated to welcome Stacia to help lead the next generation of real estate professionals in our Seattle-area offices,” said Dean Jones, President and CEO of RSIR. “Our brokers will greatly benefit from her nearly 30-years of experience in all facets of real estate while programming a caring and collaborative corporate culture within our fast-growing firm.”
According to a recent Geekwire feature, Baidu, the top search engine in the Chinese language, has opened an office the Seattle area as an effort to expand its reach in Artificial Intelligence and Cloud Computing. Situated in downtown Bellevue, the new office reportedly has space to accommodate upwards of 40 engineers within one year, depending on the rate at which they are able to bring top industry workers to the company. The move comes as Baidu continues to expand beyond the bounds of search, “in areas ranging from financial services to artificial intelligence – seeking breakthroughs in computer vision, speech recognition, deep learning and natural language understanding.”
Representatives of Realogics Sotheby’s International Realty (RSIR), ReMax Northwest Realty and Attollo Development jointly announce the commencement of construction and home reservations for The Pinnacle at Alki – an eleven-unit, luxury condominium development located at 1118 Alki Avenue SW in West Seattle. Representatives confirm the boutique community, offered by The 11 @ Alki, LLC, has secured reservations on six of eleven homes and one home received a back-up reservation during a Design Preview Event held on Saturday, October 14th. Several dozen prospective buyers and brokers attended the reception to view floor plans, renderings, preliminary specifications and introductory pricing that ranged from a single one-bedroom plan of 885-sq. ft. and offered from below $800,000 to three-bedroom plans (1,723-sq. ft. to 2,043-sq. ft.) ranging in price from $1,500,000 to more than $2,350,000. Five homes remain for reservation, with presales commencing in November 2017. An Encore Preview Event is scheduled for October 21st (1-4pm) at 2715 1st Avenue in downtown Seattle.