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

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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