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Women in Construction Week Highlight
In celebration of Women in Construction Week, we’re excited to introduce one of our standout employees, Jyoti Bhadrashetti! Jyoti has been with SRM Construction for three years, beginning her journey
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Project Update: The Vered
We’re excited to share the latest progress on The Vered Senior Living: Street Improvement: Wrapping up this week! Our new sidewalk, driveway approach, and driveway are now complete. We’ve also
Project Update: Altaire at Jackson Park
We are thrilled to announce that we expect to have all windows installed by the end of January. Roofing is well underway, and we aim to complete the upper roof
Nuovo Affordable Housing Project: Pre-Leasing Starts Soon!
We’re excited to announce that the Nuovo affordable workforce housing project will be completed in April, with pre-leasing beginning next month! This first phase of our two-part development will offer
Project Update: Novelle Senior Living
We are excited to share that progress at Novelle Senior Living in San Jose, CA, is moving swiftly! Interior Highlights:Level 4 units: Cabinets, countertops, flooring, and appliances are now installed.Level
Exciting News from Bellara Senior Living
We are thrilled to announce that Bellara Senior Living, located in Hayward, CA, is officially licensed as of November 1st! Our first residents will be moving in over the weekend,
Project Update: The Vered
Last month, we marked a significant milestone by taking down the manlift and getting our elevators signed off for temporary use! With this, the exterior work is now 95% complete,
Celebrating Success at Lumen Field
We are incredibly honored to have been recognized by the Puget Sound Business Journal as one of Washington’s 100 Fastest-Growing Private Companies, coming in at #3. Thank you, PSBJ, for
Project Update: Altaire at Jackson Park
We’re excited that we’ve hit structural concrete top-out with our Level 3 PT Deck at Altaire at Jackson Park, with all shoring/re-shore being removed this month. Currently, we’re progressing with
SRM Supports Community
As a long-time donor and participant, SRM proudly supported Joya Child & Family Development at last month’s annual Joya Golf Classic at Downriver Golf Course! This incredible organization provides more
Welcome New SRM Team Members
We are thrilled to welcome some incredible new talent to our team! Please join us in extending a warm welcome to: Scott Schneider as our new Vice President of Investor Relations.
Westmont of Culver City Celebrates Grand Opening
We are excited to announce that Westmont of Culver City, our state-of-the-art Assisted Living and Memory Care community located in beautiful Culver City, CA, received its Certificate of Occupancy in
SRM Closes on $84M Affordable Housing Deal with Amazon Funds
Local developer SRM today announced the purchase of The Mill at First Hill, two buildings in Seattle’s First Hill neighborhood, which will permanently preserve 358 units of workforce housing. The $84 million
Senior housing pitched for 8704 Sepulveda Boulevard in Westchester
A Staples office supply store just north of LAX in Westchester is up for redevelopment with senior housing, per a presentation published by the Neighborhood Council of Westchester Playa del
Gridline Apartments in the Blink of an Eye
https://youtu.be/9uaPK1cyJuI We are very excited to announce that the Gridline Apartments West Building has received its Certificate of Occupancy, and the North Building has earned its Temporary Certificate of Occupancy!
Altaire at Jackson Park Loan Closing
Additional data & commentary provided by The Registry, Puget Sound We are very excited to announce that right before the Christmas holiday, we closed on our first Low Income Housing
SRM News – October 2023
The Urban League of Metropolitan Seattle recently acquired a nearly 1.2-acre site, and we are very excited to be partnering with them as the developer of The Empowerment Center! The
Creative Lodging Solution for Cancer Patients
A new lodging facility for cancer patients traveling to the Spokane Area for oncology treatments broke ground earlier this month near Kendall Yards. Made possible by Cancer Can’t, a local
Urban League plans up to 300 affordable units in Rainier Valley
As seen in the Seattle Daily Journal of Commerce – September 15, 2023 An almost vacant block at 2001 Rainier Ave. S. sold this week for a little over $14.3
SRM secures construction loan for Microsoft-backed Bellevue workforce housing project
As seen in the Puget Sound Business Journal. Construction is expected to start later this month on this five-story affordable housing project in Bellevue, developer SRM announced on Wednesday. Developer
SRM News – June 2023
We are excited to announce that we have partnered with Merrill Gardens for our upcoming senior living project in Studio City, California. SRM will be the developer and contractor for
Gridline Apartments Construction in Action
Construction at the job site of the Gridline Apartments in Seattle, Washington continues with great progress! But let’s take a quick look at how it all started… https://youtu.be/MNkqEtdKWhA
SRM News – January 2023
In partnership with Columbia Pacific Advisors, we are excited to announce that we’ve secured an $80 million construction loan for our upcoming 200-unit senior living project in San Jose, California!
SRM Development expands scope, staff, revenue
As published in Spokane Journal of Business SRM Development LLC, a Spokane-based development and construction company that typically takes on projects far from home, has been steadily growing over the
Construction Loan Acquired for Senior Housing Project in San Jose
In partnership with Columbia Pacific Advisors, we are excited to announce that we’ve secured an $80 million construction loan for our upcoming 200-unit senior living project in San Jose, California!
Preserving Affordable Housing in
Seattle, WA
SRM is pleased to announce that it has closed on its first “affordable housing” transaction in partnership with The Urban League of Metropolitan Seattle. Together we were able to permanently
SRM News – November 2022
Construction is in full swing at the Vered on Ventura project in Encino, California! We are very excited to have this project underway as the majority of the development phase
SRM News – August 2022
Last month, thousands were welcomed to the grand opening of Feriton Spur Park, the expansion of the Cross Kirkland Corridor, and we’re excited to announce that Google Phase III Core
Feriton Spur Park Expansion Now Open
In July, we were pleased to present the Feriton Spur Park expansion to the community along with partners, Google, Kirkland Downtown Association, and the City of Kirkland! The occasion was
SRM Development Expands Senior Housing Footprint in California
Estimated Pipeline of 1,600 Units and Over a Billion Dollars We continue to grow our senior housing activities and portfolio in California with a pipeline of 1,600 units and over
SRM wraps up downtown Bellevue assemblage with $20M acquisition
As reported by the Puget Sound Business Journal SRM Development has paid $20 million for a large property on Main Street in downtown Bellevue, according to a deed King County