Today was the first day I noticed the Carbon56 sign on Aurora and I have to admit that I was pretty shocked! Being that there are several listings on the MLS for sale and homeowners that are already living in the building, it will be interesting to hear how this project moves forward with a substantial mix of condos and apartments under one roof.

I heard that their website will be launching this coming weekend with additional information and for now more details can be found on SeattleRentals.com. Looks like there are 20 units available and studios/1 bedrooms are priced between $1675 & $2275 for 667 to 1,142 square feet. If anyone out there has the scoop on how this untraditional conversion will operate, please share!

It looks like I did miss some exciting news while I was away…

NEWS
Seattle-based REIT, The Schuster Group, launched a $100 million private real estate investment fund called Schuster Realty that will focus on the Seattle area.

Zillow.com signed a real estate advertising deal with 282 U.S. newspapers through 11 major publishers

CONDOS
The Cosmopolitan Community Committee wrote a letter to Mayor Nickels

Mosler Lofts will get certificate of occupancy on the 16th of November

The Parc now has two model homes and a 360 degree tour of the units, lobby and homeowner’s lounge on their website- check it out!

Ben Kakimoto’s update for Seattle condo sales performances in October

EVENTS
IREM’s 22nd Annual Forecast Breakfast (11/29, 7:30-9:30am, Meydenbauer Center) - I really enjoyed last year’s breakfast so I will be attending again this year.  Martin Selig, Mayor Degginger, Mike Scott, John Curley and Jamie Moyer are a few of the speakers this year, click here to reserve your spot!

23rd Annual TRENDS Rental Housing Management Conference and Trade Show (12/11, all day, Convention Center) - This year we are not sponsoring a booth but I will still be volunteering and attending seminars throughout the day.  AGENTS: You can earn clock hours!  Click here for more information.  

Here are a couple of my favorite listings under $360k…could be a great opportunity for an investment property or new home! 

	Belltown Lofts 66 Bell Street $289k (Click here for more information)     5th floor, 1 bedroom/ 1 bath, 638 sq. feet with city and Space Needle views!  This building is located in the heart of Belltown…walking distance to everything.  The unit itself has very chic and modern finishes throughout, so what is the catch for $289k?  NO PARKING- but would be ideal for a first-time buyer working, living and breathing SEATTLE.
Avenue One 2721 1st Ave $359k (Click here for more information)     9th floor, 1 bedroom/ 1 bath, 647 sq. feet with Space Needle views!  This building is always a treat- situated in a fabulous Belltown location on 1st Ave between Clay and Cedar and is only 3 years old.  The unit itself offers views, a private balcony, contemporary finishes and is ready to be moved into, no work necessary!
	Newmark Tower 1415 2nd Ave $349,950 (Click here for more information)     17th floor, 1 bedroom/ 1bath, 602 sq. feet with private deck overlooking the city!  Located on the corner of 2nd Ave and Pike, the Newmark Tower is situated in a growing downtown location.  This particular unit needs a little updating but with some TLC it would be a great investment opportunity for a rental or new home.  It has great outdoor space and gorgeous city views from every room!

This summer Weber + Thompson won an International Making Cities Livable Council Commendation for Wallingford’s Bagley Lofts.  The award was presented in Portland at the council’s semiannual conference and commended the building on the following:

- Mix of residential and commercial components on busy 45th Street & quiet Bagley Avenue

- Successful parking solution for the site’s natural slope

- Brick façade, stoops, yards and landscaping that better integrate the building within the existing residential neighborhood and surrounding homes. 

- Interior use of space within the lofts- tall ceilings and vertical room placement

The building was completed last summer, includes 43 condominiums and over 3,300 square feet of retail space. (4422 Bagley Ave N)

I just got word that the initial sales phase is about to end on the 31st of this month AND come August 1st we should expect price increases and reduced inventory for Veer Lofts, Rollin Street Flats and Enso. 

They will be removing some of the homes from the market until a later date so if you are thinking of purchasing new construction in South Lake Union, now may be the time to secure the perfect floorplan at the best pricing possible! 

I thought this was a VERY unique opportunity at Live2200.  Instead of purchasing a traditional condominium, purchase a work/live loft zoned for retail or office use! 

On the first level you enter the work space on 9th Ave that features 15 ft. ceilings, concrete floors, near floor-to-ceiling windows and a ¾ bath.  There is a stairway that leads to the living space above with 14 ft. ceilings, hardwoods floors, a full bath and a large fully equipped kitchen- with all the trimmings!  The main floor (living) can be entered from the 1st floor of the Azur tower and has a lofted sleeping area with 6 ft ceilings- perfectly proportioned for a hidden bedroom.  The total square footage is over 1900 sq. ft, there is an outdoor balcony and downtown views are seen throughout. 

Asking Price: $935,000

Click here for more information and photos. 

Lyn Tully, Quorum Real Estate Madison