Multifamily Property Transitions Near Seattle Propel Thrive’s October Growth

This week, Thrive Communities wrapped up its second property transition of October, welcoming Copper Creek Apartments to the Thrive family – a 181 home community located in Milton, WA. Just weeks before, Thrive transitioned Alaire Apartments – a 357 home community in Renton, WA. Both properties add a combined 538 homes to Thrive’s portfolio in under 30 days.

The success and efficiency of these transitions can be attributed to Thrive’s award-winning property management team led by expert Regional Managers, combined with a unique commitment to ensuring property transitions are service, lease, and payment ready within 24 hours of a management transition.

Both properties are candidates for value-add renovations, which will be managed by Thrive’s redevelopment team to deliver exceptional results for both residents and ownership.

A special welcome to the Copper Creek and Alaire staff joining #teamthrive during these transitions!

Thrive Property Transitions in the News:

https://news.theregistryps.com/rise-properties-spends-35-4mm-to-acquire-the-181-unit-copper-creek-apartments-in-milton-wa/

http://www.djc.com/news/re/12115691.html

Alaire Apartments in Renton, WA

Thrive Teams Up with Grosvenor Americas

With Grosvenor Americas’ newest acquisition, Thrive is proud to welcome Union Park Apartments into our portfolio of managed communities. The Registry highlighted the acquisition, stating, “The unbeatable location to Downtown Seattle and owner-managed asset quality of Union Park attracted both local and international buyer groups.” Thrive is a longtime partner of Grosvenor Americas, spanning seven years and resulting in more than 2,573 units managed.

This 6-story community was built in 1990 and includes studios, one- and two-bedroom units ranging from 574 to 914 square feet. Union Park Apartments is a controlled access community, equipped with a fitness center, elevator and parking garage — making life a little more convenient for residents and guests.

Located at 1310 Minor Ave., steps from Seattle’s Capitol Hill neighborhood, Union Park offers easy access to Pike Place Market, Seattle Symphony Orchestra Hall, Washington State Convention Center, Paramount Theater, I-5 and more. With a Walk Score of 98, it’s time to love where you live.

For more information or to schedule a tour, please visit our website.

One final big shout out to our Thrive Transition Team who made all this possible! And a special congratulations to Grosvenor on their newest asset!

Thrive Ranked 7th Best Workplace in Washington

Thrive had an amazing night celebrating Puget Sound Business Journal’s Best Workplaces awards and being recognized as the 7th best workplace in Washington! With more than 300 employers nominated, we are thrilled to be recognized for a second year in a row!   

Rose O’Dell, President of Thrive said, “I just wanted to say THANK YOU to everyone who perpetuates the Thrive culture and makes this company so great to work for. I feel very thankful every day to work with such an amazing team of people who: Do the right thing. Do work to be proud of. Be a great place to work. Thrive!”

At Thrive, we have built our culture through a number of initiatives, including a bonus program, bi-annual parties, awards, promoting from within, and by providing an annual education stipend for continuing education. By investing in our people and their careers, we create stronger employees to partner with clients, interface with residents and who perform their jobs with excellence. 

Once again, we thank each of our Thrivers who nominated us as being the best workplace in Washington! 

Boutique Living in Capitol Hill

We are excited to welcome our newest community, Modera Capitol Hill, located in the heart of Pike/Pine Triangle in Capitol Hill. Modera Capitol Hill was purchased by RISE Properties Trust Monday and will be re-branded as part of a Thrive Developments enhancement project in the coming months. 

Built in 2016, this 6-story community includes 135 homes with 3 retail spaces. Ranging from 382 to 1,158 square feet with studios, one, and two-bedroom homes, Modera offers a boutique living experience. Each home includes keyless entry, tile backsplash, vinyl wood planking, stainless steel appliances, washer/dryer, and quartz counter-tops.

Picture living at Modera with your furry friends and stopping by the leasing office for dog treats before enjoying the sunset in front of the rooftop fireplace. Mix and mingle in the resident lounge or invite guests to enjoy a game on the outdoor TV. With a Walk Score of 99, Modera is surrounded by vibrant culture, live music, restaurants, coffee shops, and bars - our loaner bikes will be put to great use!

For more information or to schedule a tour, please see our website.

We greatly appreciate the dedicated teams at both RISE and Thrive for their hard work on this project! A special congratulations to our Community Manager Sanaz Neissani and Maintenance Supervisor Hernane Carvalho on your new positions!

Thrive Communities Selected as one of Washington's Best Places to Work

🎉🍃For the second consecutive year, we are so proud to announce that Thrive Communities has been selected as one of Washington's 100 best places to work! A huge THANK YOU to our team for living Thrive values daily and for making Thrive Communities a truly amazing place to work.

Read the full article in the Puget Sound Business Journal here!

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Welcome Union Bay Apartments!

Thrive is pleased to announce the newest addition to our communities, Union Bay Apartments, located at 526 Yale Avenue in Seattle, Washington. This 7 story community includes 75 newly-renovated homes and was built in 1994. We also welcome the familiar faces of the Union Bay staff, Susie and Francisco, to Team Thrive!

Nestled in the South Lake Union neighborhood a short walk from Amazon, Union Bay offers studio, one-bedroom and two-bedroom homes ranging from 400 to 972 square feet. Floor plans include have stainless steel appliances, fireplaces, vinyl plank flooring, washer/dryers, and quartz countertops.

While catching a game of bocce ball or mini golf on the rooftop, enjoy the views of Lake Union and the Space Needle. This pet-friendly community with a rooftop dog park is extremely walkable with Lake Union Park only minutes away. With a walk score of 94 and a transit score of 86, you’ll have easy access to Capitol Hill, Downtown, and Lake Union.

To find out more information or to schedule a tour, visit us at our website.

A special thanks to everyone on the Thrive team who helped bring this exciting new property on board!