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  The Boulders
The Boulders
8125 Willows Road NE
Redmond, WA 98052

72-unit condominiums
Strategy: Workout
Acquired: April 2009
Status: In Process
 
   
Investment Highlights
The Boulders Condominiums consists of eight buildings containing 72 dwelling units and a Community Center located off Willows Road in Redmond, Washington. Trinity was asked to evaluate the project and develop a strategy to complete the remaining work and sell-out. In concert with the lender, Trinity created a recapitalization plan and re-organized the project to complete the construction and regain marketing momentum. The project has been re-permitted, substantially completed, and the marketing team is focused on selling the last 25% of the project.
 
 
 
         
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