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New Seattle firm’s goal of fractional shares to create affordable luxury homeownership

A Seattle company has quickly attracted attention to its concept of affordable luxury homeownership through fractional shares, launching with a two-suite property in Ballard and a promise to “create a whole new world of homeownership,”

The Ballard launch, for which 100 prospective buyers toured the properties in two days, is the first of a predicted 60 properties to be offered in multiple markets by next year.

The company is ReSpace, whose owners, Rick and Katrina Eileen Romatowski, tout their firm as providing not just a new homeownership concept but an opportunity to get into the real estate investment business.

 

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