Transition

One Day, Three Towns, Three New Thrive Communities 🍃

Thrive Communities is on the move again! Our team is so pleased to welcome 3 new communities to our portfolio:

Sutter’s Square Apartments - 94 Homes in Everett, WA

Vista Ridge Apartments - 91 Homes in Issaquah, WA

Westview Village Apartments - 120 Homes in Renton, WA

Thrive transitioned all three properties in one day under the leadership of Sr. Regional Manager Kendehl Rojanasthien and Regional Manager Robert Gorrin, with extensive support from the Operations and Accounting teams. Each community was service, lease and payment ready on day one ensuring residents were minimally impacted. Additionally, Thrive pre-developed 3 beautiful new websites for these communities that were launched as part of the transition - ensuring our tradition of Peerless Presentation is carried over to digital first impressions as well.

As Thrive’s portfolio continues to grow, our transition team, made up of thrivers from multiple departments, has developed a process to ensure that typical post transitional lag is minimized at every opportunity.

Welcome to Thrive, and congratulations to our new team members and those who received promotions as a result of these three transitions!

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!

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!