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August 13, 2026

Movers & Markets: Slalom Hawk Tower lands $107M boost

By BRIAN MILLER
Real Estate Editor

Photo via Cushman & Wakefield [enlarge]
Slalom Hawk Tower

In the Stadium District, the hotel/office hybrid known as Slalom Hawk Tower is owned by Steinhauer Properties. The Embassy Suites is doing fine. And Slalom extended its lease there in December to run through 2034. So now's a good time to refinance? Yes, says Cushman & Wakefield, which recently announced a $107 million refinancing package. It says Stoneway Capital originated the loan on behalf of Ardent Capital Management. Cushman's Dave Karson, Chris Moyer and Chris Meloni led the effort. Karson said in a statement, “Office and hotel have been out of favor in Seattle the last few years, but we are seeing signs of capital returning to the space; this refinancing underscores interest in high-quality assets with strong cash flow.”


 
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