Legacy Development Buys Sound Hotel in Seattle

SaleHospitalitySeattle (Downtown / Capitol Hill / North Seattle)

Reported Sep 8, 2026 · Source: The Registry Pacific Northwest Real Estate

Source: The Registry Pacific Northwest Real EstateRead the full report at The Registry Pacific Northwest Real Estate ↗

Deal details

Buyer
Legacy Development & Management
Seller
Hangzhou Binjiang Real Estate Group affiliate
Price
$35M
Size
142 rooms
Asset class
Hospitality
Transaction
Sale
Sub-market
Seattle (Downtown / Capitol Hill / North Seattle)
Metro
Seattle
Reported date
Sep 8, 2026

Summary

Legacy Development & Management buys the 142-key Sound Hotel in Seattle's Belltown for $35 million from its Chinese developer. The headline names the seller as Chinese developer Binjiang.

Summarized from the article; the quoted lines below are from the article itself.

Source: The Registry Pacific Northwest Real Estate

Read the full report at The Registry Pacific Northwest Real Estate. What the article says:

  • Deal / Price / Size / Buyer
    Legacy Development & Management buys the 142-key Sound Hotel in Seattle's Belltown for $35 million from its Chinese developer.
  • Deal
    Chinese Developer Binjiang Offloads Seattle’s 142-Room Sound Hotel for $35MM
  • Seller
    A Hangzhou Binjiang Real Estate Group affiliate has cashed out of the boutique hotel it helped build atop Belltown's Arrivé tower, transferring the 142-key Sound Hotel to Legacy Development & Management for $35 million as Seattle's lodging market cools.

Article date: 2026-09-08T15:45:01+00:00

Quick answers

Who bought Sound Hotel?
Legacy Development & Management bought Sound Hotel in Seattle, Seattle, according to The Registry Pacific Northwest Real Estate.
How much did Sound Hotel sell for?
The reported price is $35M, per The Registry Pacific Northwest Real Estate.
How big is Sound Hotel?
142 rooms, as listed from the source.
When was this sale reported?
Reported Sep 8, 2026 by The Registry Pacific Northwest Real Estate.

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