The Registry: SummerHill Bel-Red Site Trades Hands for $12.3M

From the Registry: “We are very excited to have received approvals last week on 249 units in Bellevue directly across from the future 130th Avenue East Link Light Rail Station,” said Doug McDonald, chief operating officer and executive vice president of SummerHill. “We closed on the property [Tuesday]. We are providing 49 affordable units as a part of the overall project along with 187 parking spots. SummerHill is focused on delivering high quality transit oriented housing and this location will allow for easy efficient transit access to downtown Bellevue, Redmond and Seattle. We are happy to be part of this new area and looking forward to providing new housing in Bellevue.”

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