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CH& Client Negotiates Successful Sale of Majority Interest in Bellevue High-Rise ELEV8

Case Background:

CH& represented real estate development group Plus Investment (USA), Inc. in the sale of a majority interest in ELEV8, the planned downtown Bellevue mixed-used high-rise.

CH& has assisted Plus with the planned ELEV8 development since 2014.  Stanford Hotels of San Francisco now owns the controlling interest in this project and will partner with Plus to complete development of this site.

How CH& Helped:

Negotiated sale terms and ongoing partnership arrangement on behalf of Plus.  Ongoing work with Plus includes work on all related matters, including matters related to structuring, financing, construction, land use, and developer contracts

Results:

By successfully negotiating sale documents and shepherding the transaction to closing, we were able to assist the client:

  • Achieve a return on capital of its investment
  • Retain an equity interest in the ELEV8 project