Ceradimm, LLC is an opportunistic enterprise. We believe in pursuing entrepreneurial ventures where there is tremendous upside, limited downside, and a definable pathway to success. If we can’t visualize and define these features, so essential to any investment, including the final result, we won’t walk very far down the trail. This often requires a contrarian approach and sometimes involves an extra dose of perseverance once we’ve identified the objective.

Guided by chief operating officer, Spencer Alpert, Ceradimm brings a unique perspective to hidden opportunities, including failed or failing development projects that contain a definable upside. Mr. Alpert, an attorney with over 40 years experience in land use, political consulting and all facets of real estate development, possesses a long history of investing, developing, partnering with and engaging in workouts with the largest financial institutions on the planet. Not every transaction is going to succeed, and of course we were disappointed. But as a result of having planned ahead for unknown contingencies, Ceradimm was able to dust off and move on.

Ceradimm recently formed a key working relationship with Seattle attorney Jason Anderson, a highly respected and experienced tax, workout, litigation and bankruptcy practitioner. This enhances the firm’s ability to assist third parties with finding solutions to problems big and small, including innovative restructurings, solutions to a variety of IRS-related issues, financings and refinancings, and workouts of every strata of real estate in various stages of distress. Ceradimm has a particular interest in working directly with property owners and lenders, as well as municipalities where planning, zoning, environmental permitting and other land use designations are an issue.

When the Great Recession of 2008 brought real estate projects of all varieties to a screeching halt, most entrepreneurs hunkered down to weather the storm. But where others saw disaster, those with foresight sought opportunity.

With the Trump-branded 82-story Emerald City Tower temporarily on hold, Ceradimm stepped into the fray by contracting with Paul Allen’s massive Vulcan estate empire to build a Seattle Seahawk-sanctioned hotel as part of the trademarked Hawk’s Landing mixed use project to be located on Vulcan’s property on I-405 at the entrance to Seahawk headquarters.

Working closely with Seahawk executives over the next four years, Ceradimm obtained the requisite entitlements to construct the Hawk’s Landing hotel to finely-tuned Seahawk specifications, as well as the contractual right upon closing to identify his hotel as “The Official Hotel of the Seattle Seahawks“.

As a hedge against the ever-present risk of an enterprise run by a billionaire changing its mind, before the contracts were even signed we traded a portion of the eventual profits to a third-party hotel development group who agreed to fund 100% of all pre-development expenditures.

As it happened, the The Seahawks changed upper management. And despite Ceradimm having financing arranged, two major hotel brands fighting over the right to “flag” the Seahawk-branded project and a signed contract with one of the nation’s largest apartment developers to acquire and develop the balance of the site, we were faced with Vulcan no longer willing to sell us the land.

Simultaneously, we were able to parlay the original contract with the City into one that allowed Ceradimm to market the properties to a major Seattle developer. This enabled us to bring the City relationship to a successful conclusion at the end of 2015. Today, Ceradimm is a key participant in a joint venture involving a major national real estate brokerage, known as Project Auburn, which is now producing revenues from the Auburn’s thriving Transit Oriented Development (TOD) which we helped bring about in the first place.”

In October 2015, with Donald Trump’s quest for the presidency creating renewed interest in Ceradimm’s association with the Trumps in Emerald City Tower, Seattle Met magazine organized a feature article relating the story, as well as a rendering of the 82-story tower. At the same time, the Seattle Times reported that Ceradimm’s former “site” has been selected for a Miami-based company’s 101-story tower to become Seattle’s tallest building when constructed in 2017.

As first announced in the October, 2015 Seattle Met article, In addition to the 625-acre  Falcon’s Lair Business Park development in the Dallas area, Ceradimm has recently renewed its development participation in Seattle’s booming tech-and-aerospace-driven hi-rise market. Ceradimm is making a strong commitment to taking advantage of the unobstructed water and mountain views, as well as superior zoning, offered by Seattle’s Midtown District. This long-time epicenter of Seattle’s legal, financial, creative and technology workforces, Midtown is only now emerging as a residential and hotel mecca that capitalizes on its immediate proximity to freeways and newly-constructed light rail transit, as well as upscale restaurant, retail and waterfront amenities.

Ceradimm is eager to invite investors and potential clients to contact us and explore the opportunities offered by participating with Ceradimm, LLC. in a variety of areas. And whether you are a major financial institution or a single individual, let us learn more about you and what we can do collaboratively do to enhance your circumstance, whatever it is.