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Housing · Cle ElumThe city of Cle Elum filed for bankruptcy Tuesday after failing to reach a deal with a developer over a $26 million debt stemming from a legal dispute over a long-delayed housing project. Read more...See the Story
Cle Elum Declares Bankruptcy over $26M Debt
45% Center coverage: 9 sources

Seattle · SeattleSeattle-based developer Vibrant Cities has lost control of Roystone, a newer 93-unit mixed-use building located at the base of Queen Anne Hill. The eight-story property at 5 W. Roy St. was transferred via a trustee’s deed in a Chapter 11 bankruptcy sale. The buyer’s address corresponds to Citymark Capital of Cleveland. The recorded sale price was $0, though the property is assessed at $27.1 million, reported the Puget Sound Business Journal. The…See the Story