Case Studies: Muriel’s Landing

Luxury Urban Living in Seattle’s University District


Muriel’s Landing

5240 University Way NE
Seattle, WA 98105

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We provided construction financing for The Schuster Group’s BuiltGreen seven-story mixed-use retail and 100-unit apartment project named after developer CEO Mark Schuster’s great-aunt Muriel, designed for students and young professionals in Seattle’s University district.

"We designed innovative studio and 1-bedroom homes that incorporated built-in Murphy Beds, custom shelving, adequate storage, durable modern finishes and student-friendly amenities."


Client Need

The Schuster Group, a nationally recognized award-winning Seattle-based developer with a distinguished reputation of developing dynamic environments, saw the need for lower cost student housing near the University of Washington. Mark Schuster, the company’s founder, came to The Benaroya Company for short-term construction financing for Muriel’s Landing, named in honor of Mark’s Aunt Muriel, because of our long relationship and our ability to move quickly.


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