Previous Projects

Lake Washington Apartments
9061 Seward Park Ave S
Seattle, WA 98118

  • Units: 379
  • Affordability: Below 50% and 60% of median income
  • Completed: 2015
  • Project Type: Refinance and Rehabilitation
  • Owner: Lake Washington LLLP / SEED & Bayside Communities, Managing General Partners
  • Property Manager: EPMI
  • Project Cost: $50 Million
  • Financing: 4% Tax Credits, Tax Exempt Bonds (Washington State Housing Finance Commission), City of Seattle, State of Washington, Washington Community Development Loan Fund, Local Initiatives Support Corporation, U.S. Bank, R4 Capital LLC.

Aging Seattle Property Gets Revitalized ~ Tax Credit Advisor magazine


Columbia Gardens
Rainier Court (phase III)

3610 33rd Ave S
Seattle, WA 98144

  • Units: 70
  • Affordability: Seniors, below 50% and 60% of median income
  • Completed: 2014
  • Project Type: New construction
  • Owner: Rainier Court Associates 2003-III, LLC /SEED Managing General Partner
  • Property Manager: SHAG
  • Project Cost: $13.4 Million
  • Financing: 4% Tax Credits, Tax Exempt Bonds (Washington State Housing Finance Commission), City of Seattle, US Environmental Protection Agency, State Commerce Department, Union Bank, CITI Bank, Freddie Mac and US Bank.

Claremont Apartments
3333 Rainier Ave S
Seattle, WA 98144

  • Units: 68 residential units and four commercial condominiums (all sold)
  • Affordability: workforce housing, below 50%, 60% and 80% of median income
  • Completed: 2011
  • Project Type: new construction, mixed use
  • Owner: Claremont @ Walden LLC and SEED managing general partner
  • Property Manager: Coast Real Estate Services
  • Project Cost: $17.7 Million
  • Financing: Section 108 Loan, US Bank, City of Seattle, US Environmental Protection Agency, State of Washington, King County and the Rainier Valley Community Development Fund

Washington Care Center
2821 South Walden
Seattle, WA 98144

  • Completed: 2005
  • Project Type: Comprehensive Rehab Health Care Center (165 beds)
  • Owner: Southeast Care Center Facilities (building), Washington Care Services (Business)
  • Property Manager: Pathways
  • Project Cost: $18 Million
  • Financing: Capitol and HUD Section 232

The Dakota
Rainier Court (phase II)

3642 33rd Ave S
Seattle, WA 98144

  • Units: 178 apartments and five commercial suites
  • Affordability: Below 50% and 60% of median income
  • Completed: 8,835 square feet
  • Project Type: New construction, mixed use
  • Owner: Rainier Court Associates 2003-II, LLC /SEED Managing General Partner
  • Property Manager: SHAG
  • Project Cost: $28 Million
  • Financing: 4% Tax Credits, US Bank, Tax Exempt Bonds (Washington State Housing Finance Commission), City of Seattle, US Environmental Protection Agency, Apollo Housing Capital, State of Washington, King County

The Courtland
Rainier Court (phase I)

3621 33rd Ave S
Seattle, WA 98144

  • Units: 208 apartments and seven commercial suites
  • Affordability: Seniors, below 30% and 60% of median income
  • Commercial Space: 8,968 square feet
  • Completed: 2005
  • Project Type: New construction, mixed use
  • Owner: Rainier Court Associates 2002-I, LLC /SEED Managing General Partner
  • Property Manager: SHAG
  • Project Cost: $24 Million
  • Financing: 9% and 4% Tax Credits, US Bank, Tax Exempt Bonds (Washington State Housing Finance Commission), City of Seattle, US Environmental Protection Agency, Apollo Housing Capital, State of Washington, King County

Charlestown Apartments
3656 35th Ave S
Seattle, WA 98144

  • Units: 7
  • Affordability: Below 50% and 65% of median income
  • Completed: 2004
  • Project Type: New Construction
  • Owner: SEED
  • Property Manager: Coast Real Estate Services
  • Project Cost: $1.3 Million
  • Financing: City of Seattle, State of Washington, Key Bank, WCRA, Impact Capital

Columbia City Gallery
4864 Rainier Ave S
Seattle WA 98118

  • Completed: 2004
  • Project Type: Art Gallery
  • Owner: SEED
  • Property Manager: SEED
  • Project Cost: $800,000
  • Financing: Bank of America, Seattle Foundation, John & Mary Shirley Foundation, Allen Foundation, U.S. Bank, City of Seattle: (Office of Economic Development, Office of Arts & Cultural Affairs), Seattle Foundation-Neighbor to Neighbor Fund and many individual donations.

Nuuanu Pali
Apartments

5301 Martin Luther King Jr Way S
Seattle, WA 98118

  • Units: 19
  • Affordability: Below 50%, 65%, and 80% of median income
  • Completed: 2002
  • Project Type: Acquisition, Rehabilitation
  • Owner: SEED
  • Property Manager: Coast Real Estate Services
  • Project Cost: $1.9 Million
  • Financing: Tax Exempt Bonds, City of Seattle, State of Washington, Washington Community Reinvestment Association, Washington State Housing Financing Commission, Impact Capital, Low Income Housing Fund.

Oregon Place Apartments
3600 S Oregon St
Seattle, WA 98118

  • Units: 39
  • Affordability: Below 50% and 60% of median income
  • Completed: 2001
  • Project Type: Acquisition, Rehabilitation
  • Owner: SEED-Oregon Place Limited Partnership
  • Property Manager: Coast Real Estate Services
  • Project Cost: $4.7 Million
  • Financing: 4% Tax Credits, Tax Exempt Bonds, City of Seattle, State of Washington, Washington Community Reinvestment Association, Wells Fargo Bank, National Equity Fund, Washington State Housing Financing Commission, Impact Capital.

Lilac Lodge
Apartments

5033 37th Ave S
Seattle, WA 98118

  • Units: 44
  • Affordability: Section 8 rentals for the elderly and disabled
  • Completed: 1997
  • Project Type: Acquisition, Rehabilitation
  • Owner: Lilac Lodge Community Organization
  • Property Manager: Coast Real Estate Services
  • Project Cost: $1.9 Million
  • Financing: HUD

Columbia Hotel
4900 Rainier Ave S
Seattle WA 98118

  • Units / Commercial Space: 8 residential units / three commercial units
  • Affordability: Below 50% of median income
  • Completed: 1998
  • Project Type: Acquisition, Rehabilitation
  • Owner: SEED
  • Property Manager: Coast Real Estate Services
  • Project Cost: $1.5 Million
  • Financing: Washington Community Reinvestment Association, Washington Community Development Loan Fund, State of Washington, City of Seattle

Rainier Arts Center

3515 Alaska Way S
Seattle, WA 98118

  • Completed: 1998
  • Project Type: Performing Arts Theater
  • Owner: SEED
  • Property Manager: SEED
  • Project Cost: : $1 Million
  • Financing: City of Seattle, State of Washington, King County, Seattle Foundation, Nesholm Foundation, Boeing Company, Glaser Foundation, The Allen Foundation for the Arts, and the community.

Lake Washington
Apartments

9061 Seward Park Ave S
Seattle, WA 98118

  • Units: 366
  • Affordability: Below 30%, 50%, and 60% of median income
  • Completed: 1998
  • Project Type: Acquisition, Rehabilitation
  • Owner: SEED & A.F. Evans Company
  • Property Manager: A.F. Evans Company
  • Project Cost: $25 Million
  • Financing: 4% and 9% Tax Credits, Tax Exempt Bonds (Washington State Housing Finance Commission), City of Seattle, State of Washington, Washington Community Development Loan Fund, Local Initiatives Support Corporation, Bank of America, U.S. Bank, Key Bank, National Equity Fund.

Rainier Valley Square
3820 Rainier Ave S
Seattle, WA 98144

  • Completed: 1988
  • Project Type: Commercial Space (104,000 sq. ft.)
  • Owner: Rainier Limited Partnership
  • Project Cost: $15 Million
  • Financing: HUD, Block Grant, Limited Partnership, Community Development Block Grant Float Loan, Bank of America