Patten Sales and Marketing Acquires Thirty-six Units at Marin Condominiums

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Patten Sales and Marketing acquires new project in Blaine, Washington. First project for the company in the Northwest.

Our team is able to act swiftly anywhere in the country to identify opportunities, complete market analyses and due diligence and close quickly. We hope this will be the first of many ventures in the Northwest.

Patten Sales and Marketing, a Naples, FL-based real estate investment firm, has acquired thirty-six units at Marin, a condominium project in Blaine, Washington on the Semiahmoo Spit. Patten began marketing the units immediately.

Michael S. Patten, CEO of Patten Sales and Marketing said, “Patten Sales & Marketing is excited to add Marin Condominiums to our acquisition portfolio. Our team is able to act swiftly anywhere in the country to identify opportunities, complete market analyses and due diligence and close quickly. We hope this will be the first of many ventures in the Northwest.”

The thirty-six units acquired by Patten Sales and Marketing offer multiple floor plan configurations ranging in size from 1,180 square feet to 2,230 square feet primarily in 2 bedroom/2 bathroom designs.

About Marin
Marin is an upscale, oceanfront residential condominium community on 3.7 acres of land planned for fifty‐four (54) units located in three midrise buildings. The property is located directly on the Semiahmoo Spit, with panoramic views of Mt. Baker, Drayton Harbor and Semiahmoo Bay. Marin is integrated within the 1,110‐acre Semiahmoo Resort , which includes a 200‐room resort and spa directly adjacent to Marin, two award‐winning (Arnold Palmer and Loomis Trail ) golf courses, a 300‐slip marina, a public park featuring a waterfront hiking trail system, as well as more than 800 existing homes and condominiums. The surrounding area touts options for a desirable and active lifestyle with world‐class sailing and fishing, championship golf courses, downhill skiing at Mt. Baker and various other outdoor recreational activities. Marin and the Semiahmoo Resort community are located in the town of Blaine, Washington. Blaine is located directly on the U.S./Canada border adjacent to British Columbia and greater metropolitan Vancouver. For more information, please visit http://www.liveatmarin.com.

About Patten Sales & Marketing
Patten Sales & Marketing, LLC is the nation’s foremost provider of services that assist banks, equity investors, real estate investment funds, and developers with the timely liquidation of real estate owned (REO). The company implements strategic options that convert REO into cash quickly. Patten Sales & Marketing brings to bear over 100 years of experience in all phases of the real estate cycle including financing, development, workout, and disposition services to capitalize on opportunities in condominiums, resorts, office buildings, golf courses, and land. For more information, please visit http://www.pattensm.com.

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Joseph O'Brien
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