January 2026 HUP has closed on the 52‑unit Crest Apartments, located in Seattle’s coveted Capitol Hill neighborhood just blocks from Downtown and South Lake Union. The building—soon to be rebranded as Luminaire—is primed for a major repositioning. HUP plans to execute a comprehensive value‑add program, including full renovations of unit interiors, common areas, and exterior elements. The property sits in an exceptionally strong submarket: [...]