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Real Estate
 Joe Nabbefeld Real Estate Editor |
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September 19, 2002
Real Estate Buzz: Guinchers control Le Chateau again
By JOE NABBEFELD
Real Estate Editor
Real Estate Editor
A combination of oversupply in the Bellevue apartment market and prolonged street construction on Richards Road led Continental-Bentall to buy back its record-breaking Le Chateau Apartments for $3.25 million less than the firm sold the complex for about three years ago.
Bellevue-based Continental-Bentall is headed by apartment and condo developers Claudio and Louis Guincher and owned by Vancouver, B.C.-based Bentall Corp.
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Previous columns:
- Real Estate Buzz: Workers may return to Tech Tower site, 09-12-2002
- Real Estate Buzz: Bellevue on a Qwest for new City Hall, 09-05-2002
- Real Estate Buzz: Johnson Underwood sells Walgreens structure, 08-29-2002
- Real Estate Buzz: More Fisher property sales to come, 08-22-2002
- Real Estate Buzz: Unico turns an eye toward the future, 08-15-2002
- Real Estate Buzz: How about not replacing the viaduct at all?, 08-08-2002
- Real Estate Buzz: Haub makes his third deal in Puyallup, 08-01-2002
- Real Estate Buzz: Frye Museum buys Delridge complex, 07-25-2002