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Case Study 1
The Boulders
Case Study 2
Apex Apartments
Case Study 3
Safeco Plaza
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| Advisory Services < Case Study 2 |
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| 2nd & Pine |
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| Location: |
Seattle, WA |
| Size: |
600,000 sq.ft. |
| Investment: |
$20 Million |
| Status: |
Closed out & Recapitalized |
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| Trinity was engaged by the original investor group to evaluate the project, assess its feasibility and review the work to date. The project was deemed undercapitalized, poorly designed, and unlikely to create a profit. As a result, project close-out was initiated in order to preserve cash balances and minimize expenses. The project was re-capitalized/sold with a repatriation of cash to the original investors. |
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