Legacy and Silverpeak Developing Ravine Ridge, 138-Residence Apartment Community in Port Orchard, Washington

Legacy Partners, Silverpeak Announce Development of 138-Unit Ravine Ridge in Port Orchard with $24.28MM Construction Loan

Partnership closed loan from PNC for $24.28 millionPORT ORCHARD, Wash. (Feb. 25, 2026) – Legacy Partners (“Legacy”), a privately held national real estate firm, together with their joint venture partner Silverpeak Real Estate Partners, today announced the development of Ravine Ridge, a 138-residence garden-style apartment community coming to Port Orchard, Washington. Legacy and Silverpeak closed on the undeveloped site with a $24.28 million cons…

Legacy Partners, Silverpeak Close $24M Loan for WA Residential Project

Legacy Partners, together with its joint venture partner Silverpeak Real Estate Partners, announced the development of Ravine Ridge, a 138-residence garden-style apartment community in Port Orchard, Washington. Legacy and Silverpeak closed on the undeveloped site with a $24.28 million construction loan from PNC Bank. Construction on the site is underway. “This was a complex closing given the subject site was previously taken back via deed in lie…

Legacy and Silverpeak Developing Ravine Ridge, 138-Residence Apartment Community in Port Orchard, Washington

Legacy Partners, a privately held national real estate firm, together with their joint venture partner Silverpeak Real Estate Partners, today announced the development of Ravine Ridge, a 138-residence garden-style apartment community coming to Port Orchard, Washington. Legacy and Silverpeak closed on the undeveloped site with a $24.28 million construction loan from PNC Bank. Construction is underway. “This was a complex closing given the subject…