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October 6, 2011

Paragon Real Estate Advisors

Erik Peterson and Cathy Jeney of Paragon Real Estate Advisors represented an Anacortes limited liability company whose member is Joline Hedgcock in the sale of a six-unit Seattle apartment building, the 2707 Franklin, in the Eastlake neighborhood. James G. and Susan A. Lutz of Seattle paid $1.15 million. Paul Mickley, also of Paragon, represented the buyers. The building sold at a 4.8 percent cap rate. The buyer obtained a loan through US Bank.




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