PeakMade Real Estate and Blue Vista Capital Management Open Theory U District in Seattle, Washington

PeakMade Real Estate and Blue Vista Capital Management Open Theory U District in Seattle, Washington

ATLANTA, GA

– October 13, 2022 – PeakMade Real Estate (“Peak”) and Blue Vista Capital Management (“Blue Vista”) recently completed construction on Theory U District, a purpose-built student apartment community in the University District of Seattle, near the University of Washington. The seven-story, 441-bed mid-rise project opened its doors to students this September prior to the start of the fall semester.  The project represents a continued expansion of Peak/Blue Vista’s Theory-branded development portfolio in major university markets.

“We are very excited to be a part of the U District community and to serve the growing housing needs of University of Washington students with a well-conceived project,” said Jeff Githens, President of Development at PeakMade Real Estate.

Theory U District provides a differentiated living experience to University of Washington students at a premier location near University Way Northeast (“The Ave”), the University of Washington’s Greek Row, and the new U District light rail station.   The property offers a variety of unit types from studio to five-bedrooms with a range of price points.  The units come fully furnished in both standard and premium offerings with market leading features and finishes.  The property’s amenities showcase a two-story entry lobby with abundant light and local art, a well-appointed fitness center, ample study spaces, an active ground-level courtyard, and a rooftop amenity deck with astounding Seattle views.

“Theory U district is the next evolution of PeakMade’s Theory brand to provide a differentiated living experience to our student residents,” said Mike Paluga, Senior Vice President of Development at PeakMade Real Estate.

“Theory U District represents the fifth “Theory” branded development executed by Blue Vista and PeakMade and we look forward to serving the University District market in Seattle,” said Jason Schwartz, Managing Principal and Co-head of Equity Group at Blue Vista Capital Management.  “The Theory brand offers residents what we believe to be an ideal combination of the student housing experience and modern apartment living, with high quality amenities, well-conceived community spaces and easy access to campus.”

About PeakMade Real Estate

PeakMade Real Estate, based in Atlanta, GA, is a diversified real estate services company, offering property management, development, and consulting services for conventional multifamily and student apartments.  PeakMade Real Estate was built to execute on strategies consistent with the goals and long-term investment strategies of its partners. When something is PeakMade, it’s not only built upon expertise and experience, it’s built upon a foundation of community. For more information on PeakMade Real Estate, visit www.peakmade.com.

ABOUT BLUE VISTA

Blue Vista is a Chicago-based leading real estate investment management firm dedicated to developing long-term relationships, serving investor interests, and delivering consistent performance through a rigorous academic and research-driven investment process. Blue Vista’s value-creating platform offers a national footprint in the U.S. and Canada, local operating expertise, and best-in-class investment strategies focused exclusively on student housing, middle market real estate and lending. Since the firm’s inception in 2002, Blue Vista has invested over $10.5 billion in total capitalized value through institutional real estate vehicles. For more information, please visit https://bluevistallc.com.