Case Studies: NEXUS

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NEXUS

1808 Minor Avenue
Seattle, Washington 98101

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We provided the necessary short-term financing during the entitlement process to Vancouver BC’s Burrard Development’s construction of NEXUS - a 40 story condominium high rise in Seattle’s Denny Triangle.

The new NEXUS condominium development is the most successful presale development in Seattle’s history with 91% of the units presold, 16 months ahead of completion.

 
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Client Need

Vancouver B.C. based Burrard Group acquired our 1200 Howell Street site in Seattle’s Denny Triangle for development of a 40-story condominium project called NEXUS but needed short-term financing during the entitlement process. Pat Mutzel of Colliers recommended The Benaroya Company for the loan due to our flexibility and speed.

   

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