One Trent Completes Three Multifamily Projects Totaling 770 Units Across the Puget Sound Region

Leasing Begins at 206-Unit Hilite Residences in Seattle, 368-Unit Rook Residences in Tacoma, and 196-Unit Kerf Residences in Bellingham as Firm Continues Pacific Northwest Growth

Seattle, Wash. – February 23, 2024 – Seattle-based actual property improvement agency One Trent at present introduced that it has accomplished three new multifamily residential initiatives throughout the Puget Sound area within the Seattle, Tacoma and Bellingham markets.

Leasing has now begun on the seven-story, 206-unit Hilite Residences in Seattle’s Judkins Park neighborhood; the 368-unit, eight-story Rook Residences in downtown Tacoma; and the five-story, 196-unit Kerf Residences in Bellingham’s Sehome neighborhood. Kerf at present obtained its occupancy certificates, making it the agency’s third undertaking to be delivered in 2024. Two extra initiatives, in Lynnwood and SeaTac, are slated to open later this 12 months.

“At One Trent, we’re dedicated to delivering prime quality residential initiatives that profit communities—and it’s gratifying to see our arduous work throughout the Puget Sound come to fruition,” stated One Trent Principal Patrick Ashman.

The agency additionally lately launched a brand new multifamily funding fund (One Trent Alternative Fund 23) centered on distressed acquisition alternatives within the higher Puget Sound actual property market. With a purpose of elevating $50 million to buy multifamily property under alternative value, the agency will deploy capital over the following 36 months to accumulate as much as ten property together with current properties with sturdy in-place returns, value-added repositions, and land with sturdy upside potential.

The Hilite Residences: Extraordinary Areas for On a regular basis Life

Positioned in Seattle at 622 Rainier Avenue S, the Hilite Residences options 77 small effectivity dwelling models (SEDUs), 65 open one-bedroom models, 40 one-bedroom models, 16 two-bedroom models, three lofts and 5 reside/work models.

With market charge leases starting from $1,025 to $3,850—and 41 below-market charge leases beginning at $959—models embody matte black {hardware} and fixtures, stainless-steel home equipment and quartz counter tops. The constructing additionally consists of 87 parking areas.

Facilities on the Hilite embody views of Mt. Rainier from a rooftop deck, BBQ stations, a hearth pit, lounge with indoor/out of doors fire, co-working areas, a podcasting room, foyer amphitheater with projector display, a ‘makers lounge’ with artisan instruments, video games and celebration provisions for hire by Brevvie and a pet spa.

Previously residence to a cosmetics manufacturing facility after which a print store—each of which served as inspiration for the branding and advertising and marketing—Hilite is situated inside strolling distance of Seattle’s Streetcar and future Judkins Park Hyperlink Mild Rail Station. It additionally options exterior art work from native artist Barry Johnson.

“At Hilite, we envisioned a undertaking that will be interesting and inexpensive to a various demographic whereas fostering connections and cultural trade throughout the neighborhood—which is symbolized by the yellow ‘bridge’ components connecting the three towers,” stated One Trent Director of Design Marshall Ling.

Rook Residences, Courtesy of One Trent

The Rook Residences: The Native Social Spot

Positioned at 1502 Fawcett Avenue only a brief stroll from Tacoma’s T Line Hyperlink Mild Rail, the Larger Tacoma Conference Middle, the College of Washington Tacoma, and Tacoma’s theater and brewery districts, the eight-story Rook Residences options 10 townhomes, 55 two-bedroom models, 120 one-bedroom models, 143 open-one bed room models and 39 studio models.

Residences on the Rook Residences embody matte black {hardware} and fixtures, stainless-steel home equipment, quartz counter tops, and air-con in townhomes. Rental charges vary from $1,325 to $3,750 per 30 days, with 74 below-market models out there, and the constructing additionally consists of 268 parking areas.

Facilities on the Rook Residences embody views of Graduation Bay and Mt. Rainier from two rooftop terraces, lounges with BBQ stations and hearth pits, a Full Swing multisport sport simulator, a hearth lounge, coworking areas, a health room and a pet spa. The constructing additionally consists of devoted, reserved EV charging stalls.

One Trent Completes Three Multifamily Projects Totaling 770 Units Across the Puget Sound RegionKerf Residences, Courtesy of One Trent

The Kerf Residences: The place Comfort & Consolation Mix

The Kerf Residences options six townhomes, 23 two-bedroom models, 36 one bed room models, 76 open one-bedroom models and 52 studio models situated in Bellingham only a 15-minute stroll from Western Washington College’s campus at 208 N Samish Manner.

With rental charges starting from $1,500 to $3,200, models embody matte black {hardware} and fixtures, stainless-steel home equipment, quartz counter tops and air-con in townhomes, with 150 parking areas for residents. The constructing additionally consists of devoted, reserved EV charging stalls.

Utilizing state-of-the-art engineered wooden for many of its podium construction, the eco-friendly mass timber constructing reduces the constructing’s carbon footprint by changing extra carbon intensive materials reminiscent of concrete.

“Our imaginative and prescient at Kerf Residences was to display how mass timber may very well be utilized in a typical multifamily undertaking—showcasing modern sustainable constructing practices whereas additionally selling the pure great thing about the Pacific Northwest,” stated One Trent Principal Trent Mummery.

Facilities on the Kerf Residences embody views of Mt. Baker from a rooftop terrace with BBQ stations and a hearth pit, a Full Swing multisport sport simulator, a hearth lounge and coworking stations, a health room and a pet spa.

Skilled Native Undertaking Workforce
One Trent served as developer for all initiatives. Hilite undertaking group members included Studio19 (Architect), Jason Dallas Design (Inside Designer), WG Clark (Common Contractor), Hatteras Sky and Cresset Companions (Fairness). Rook undertaking group members included Studio19 (Architect), Jason Dallas Design (Inside Designer), Rush Business Development (Common Contractor) and Bridge Funding Group (Fairness). Kerf Residences group members included Clark Barnes (Architect and Inside Designer), Dawson (Common Contractor), and Decennial Group (Fairness).

For details about residential leasing alternatives, events can go to:

Hilite Residences
Rook Residences
Kerf Residences

About One Trent.

Seattle-based actual property improvement agency One Trent focuses on multifamily and mixed-use initiatives throughout the Western Washington and Seattle-area submarkets. The agency builds community-focused, high-performance initiatives that cater to the wants and wishes of residents and result in greater returns for buyers. One Trent’s management group attracts upon many years of expertise from numerous skilled backgrounds to drive efficiencies at each stage of improvement. With a concentrate on furthering considerate design whereas drawing upon their wealthy native information and trade experience, agency Principals Trent Mummery and Patrick Ashman have collectively delivered greater than 3,000 models – with greater than 1,200 presently underneath administration and virtually one billion in complete capitalization.



rewrite this title One Trent Completes Three Multifamily Tasks Totaling 770 Items Throughout the Puget Sound Area
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Leasing Begins at 206-Unit Hilite Residences in Seattle, 368-Unit Rook Residences in Tacoma, and 196-Unit Kerf Residences in Bellingham as Firm Continues Pacific Northwest ExpansionSeattle, Wash. – February 23, 2024 – Seattle-based actual property improvement agency One Trent at present introduced that it has accomplished three new multifamily residential initiatives throughout the Puget Sound area within the Seattle, Tacoma and Bellingham markets.

Leasing has now begun on the seven-story, 206-unit Hilite Residences in Seattle’s Judkins Park neighborhood; the 368-unit, eight-story Rook Residences in downtown Tacoma; and the five-story, 196-unit Kerf Residences in Bellingham’s Sehome neighborhood. Kerf at present obtained its occupancy certificates, making it the agency’s third undertaking to be delivered in 2024. Two extra initiatives, in Lynnwood and SeaTac, are slated to open later this 12 months.“At One Trent, we’re dedicated to delivering prime quality residential initiatives that profit communities—and it’s gratifying to see our arduous work throughout the Puget Sound come to fruition,” stated One Trent Principal Patrick Ashman.The agency additionally lately launched a brand new multifamily funding fund (One Trent Alternative Fund 23) centered on distressed acquisition alternatives within the higher Puget Sound actual property market. With a purpose of elevating $50 million to buy multifamily property under alternative value, the agency will deploy capital over the following 36 months to accumulate as much as ten property together with current properties with sturdy in-place returns, value-added repositions, and land with sturdy upside potential.The Hilite Residences: Extraordinary Areas for On a regular basis Life

Positioned in Seattle at 622 Rainier Avenue S, the Hilite Residences options 77 small effectivity dwelling models (SEDUs), 65 open one-bedroom models, 40 one-bedroom models, 16 two-bedroom models, three lofts and 5 reside/work models.With market charge leases starting from $1,025 to $3,850—and 41 below-market charge leases beginning at $959—models embody matte black {hardware} and fixtures, stainless-steel home equipment and quartz counter tops. The constructing additionally consists of 87 parking areas.Facilities on the Hilite embody views of Mt. Rainier from a rooftop deck, BBQ stations, a hearth pit, lounge with indoor/out of doors fire, co-working areas, a podcasting room, foyer amphitheater with projector display, a ‘makers lounge’ with artisan instruments, video games and celebration provisions for hire by Brevvie and a pet spa.Previously residence to a cosmetics manufacturing facility after which a print store—each of which served as inspiration for the branding and advertising and marketing—Hilite is situated inside strolling distance of Seattle’s Streetcar and future Judkins Park Hyperlink Mild Rail Station. It additionally options exterior art work from native artist Barry Johnson.“At Hilite, we envisioned a undertaking that will be interesting and inexpensive to a various demographic whereas fostering connections and cultural trade throughout the neighborhood—which is symbolized by the yellow ‘bridge’ components connecting the three towers,” stated One Trent Director of Design Marshall Ling.

Rook Residences, Courtesy of One Trent

The Rook Residences: The Native Social Spot

Positioned at 1502 Fawcett Avenue only a brief stroll from Tacoma’s T Line Hyperlink Mild Rail, the Larger Tacoma Conference Middle, the College of Washington Tacoma, and Tacoma’s theater and brewery districts, the eight-story Rook Residences options 10 townhomes, 55 two-bedroom models, 120 one-bedroom models, 143 open-one bed room models and 39 studio models.Residences on the Rook Residences embody matte black {hardware} and fixtures, stainless-steel home equipment, quartz counter tops, and air-con in townhomes. Rental charges vary from $1,325 to $3,750 per 30 days, with 74 below-market models out there, and the constructing additionally consists of 268 parking areas.Facilities on the Rook Residences embody views of Graduation Bay and Mt. Rainier from two rooftop terraces, lounges with BBQ stations and hearth pits, a Full Swing multisport sport simulator, a hearth lounge, coworking areas, a health room and a pet spa. The constructing additionally consists of devoted, reserved EV charging stalls.

Kerf Residences, Courtesy of One Trent

The Kerf Residences: The place Comfort & Consolation Mix

The Kerf Residences options six townhomes, 23 two-bedroom models, 36 one bed room models, 76 open one-bedroom models and 52 studio models situated in Bellingham only a 15-minute stroll from Western Washington College’s campus at 208 N Samish Manner.With rental charges starting from $1,500 to $3,200, models embody matte black {hardware} and fixtures, stainless-steel home equipment, quartz counter tops and air-con in townhomes, with 150 parking areas for residents. The constructing additionally consists of devoted, reserved EV charging stalls.Utilizing state-of-the-art engineered wooden for many of its podium construction, the eco-friendly mass timber constructing reduces the constructing’s carbon footprint by changing extra carbon intensive materials reminiscent of concrete.“Our imaginative and prescient at Kerf Residences was to display how mass timber may very well be utilized in a typical multifamily undertaking—showcasing modern sustainable constructing practices whereas additionally selling the pure great thing about the Pacific Northwest,” stated One Trent Principal Trent Mummery.Facilities on the Kerf Residences embody views of Mt. Baker from a rooftop terrace with BBQ stations and a hearth pit, a Full Swing multisport sport simulator, a hearth lounge and coworking stations, a health room and a pet spa.Skilled Native Undertaking TeamOne Trent served as developer for all initiatives. Hilite undertaking group members included Studio19 (Architect), Jason Dallas Design (Inside Designer), WG Clark (Common Contractor), Hatteras Sky and Cresset Companions (Fairness). Rook undertaking group members included Studio19 (Architect), Jason Dallas Design (Inside Designer), Rush Business Development (Common Contractor) and Bridge Funding Group (Fairness). Kerf Residences group members included Clark Barnes (Architect and Inside Designer), Dawson (Common Contractor), and Decennial Group (Fairness).For details about residential leasing alternatives, events can go to:

Hilite Residences Rook Residences Kerf Residences

About One Trent.

Seattle-based actual property improvement agency One Trent focuses on multifamily and mixed-use initiatives throughout the Western Washington and Seattle-area submarkets. The agency builds community-focused, high-performance initiatives that cater to the wants and wishes of residents and result in greater returns for buyers. One Trent’s management group attracts upon many years of expertise from numerous skilled backgrounds to drive efficiencies at each stage of improvement. With a concentrate on furthering considerate design whereas drawing upon their wealthy native information and trade experience, agency Principals Trent Mummery and Patrick Ashman have collectively delivered greater than 3,000 models – with greater than 1,200 presently underneath administration and virtually one billion in complete capitalization.