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March 30, 2017
Eastside suburbs still growing
Not everyone wants to live in a SLU apartment, so Summit Homes of Washington has partnered with San Diego's Presidio Residential Capital to create two new single-family communities. In Sammamish near Beaver Lake, Ivy Estates will have 10 Craftsman-style homes ranging in size from 2,300 to 3,400 square feet. And in Woodinville, Autumn Grove offers 13 homes with three-car garages and up to six bedrooms. Summit and Presidio have previously developed 11 residential projects in the Puget Sound area. Summit has developed 3,000 homes in 20 years and Presidio has $2.5 billion in assets under management.
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