RSRC is currently developing a 105-unit property in a high-end suburb of Seattle, Washington. The property consists of 105 condominium-grade units with an average unit size of approximately 700sf. The property also includes approximately 4,500sf of retail space. The property will be opening in July 2016 with lease-up to be completed by the end of 2016. The project yield on cost is expected to be approximately 6.4%.