Connect News Commercial Real Estate news for every market and every facet, every day.
Connect CRE Events Live and virtual events bringing together the best of information and networking.
CRE Industry Events Live industry events.
Connect Creative A full service marketing and PR agency.
Connect Classroom Offering CRE focused continuing education courses on demand.
ApartmentBuildings.com Is a dynamic platform to search for, list and promote multifamily listings nationwide.
Connect Awards View the A-list of commercial real estate & submit nominations.
Connect Media Kit Advertise, Promote, Attend, Create – Work with Connect.
Loantuitive Find the right lender for your loan.
About Connect Meet the team behind the machine and taste a little of the secret sauce.
Connect News

Your source for daily news covering CRE transactions and trends. Stay informed on national, regional and property sector news that matters to your business.

Connect Classroom

Offering on-demand online courses that provide continuing education credits for brokers, attorneys, appraisers and architects. Select from easily accessible video and written courses that cover a variety of CRE topics.

Find Your Course
High-rise commercial buildings

STAY INFORMED

News when you need it. All our Breaking News, right to your inbox.

Sub Markets

Property Sectors

Topics

Seattle & Northwest CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Seattle & Northwest  + Seattle  + Apartments  |  December 13, 2024
Jasmine Kilman
By: Jasmine Kilman

Amazon-Backed Residential Development Opens in Bellevue

An affordable housing community that was once a former senior-living community has officially opened its doors in Bellevue.

The renovation project was overseen by Seattle-based Great Expectations and AOF/Pacific Affordable Housing Corp. The Crossroads Apartments project is a conversion of the former Sagebrook Senior Living Center, located at 15750 NE 15th St., reported the Puget Sound Business Journal.

It has 108 units of affordable housing for those earning between 60% to 80% of the area median income. Crossroads was funded by a $10.8 million low-rate loan from Amazon Housing Equity Fund (HEF). Great Expectations and California-based nonprofit AOF/Pacific acquired the Sagebrook Senior Living Center in late December 2023 for $16.5 million.

Crossroads Apartments features a mix of studio, one- and two-bedroom units. Rush Construction is the general contractor, and Baylis Design is the architect for the project.

Connect

Inside The Story

Great ExpectationsAmazon

About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.
Order Reprints