Bensussen buys Olsons’ Hunts Point Mansion – $11 Million

Hunts Point – “The Bellisima”

The $11 million sale was recorded 1/23/12. The buyer was listed as ERGL LLC whose agent and manager is Eric Bensussen. He is the Co-Founder (with Barry Deutsch) and President of Woodinville based Bensussen Deutsch & Associates, Inc (aka BDA Inc.) The company’s slogan is “Evolving Branded Merchandise.” A 10/15/2000 Puget Sound Business Journal article by Sharon Baker featured the founders and the start of the company. “Eric Bensussen, then 20, and Jay Deutsch, all of 17, launched their Woodinville company by selling Seattle Seahawks sweatshirts in 1984. . . the duo now run an operation that could bring in some $140 million in sales this year, up from $108 million in 1999. . . provides promotional merchandise -- those freebie hats and T-shirts, pens and other merchandise emblazoned with company logos -- as part of an overall promotional strategy for firms such as The Boeing Co., Microsoft Corp., PepsiCo Inc. and Nintendo of America Inc. . . .” The company is now international, revenue exceeded $250 million in 2010 and clients include Coca-Cola, Major League Baseball and GEICO.

This mansion, “The Bellisima,” was featured in a 3/11/11 post when it was listed for $14.1 million. (The listing price was $12.9 million at the time of the sale.) The mansion (page 136 in LW 130 Homes) is near the center of the eastern shore of Fairweather Bay. It was listed by Tere Foster and Becky Gray, Windermere. The sellers, Rodney and Janice Olson, purchased the Hunts Point 2 acre tip on 3/31/11 for $14.8 million (see 6/11/11 post).

Hunts Point Olson Mansion For Sale - $14.1 Million

Rodney D. and Janice Olson have their Hunts Point mansion (LW 130 Homes page 136), named “The Bellisima,” listed for sale for $14.1 million. (Bellisima is Italian for “very beautiful” and was the name of a popular Venezuelan 1990s TV series.) Rodney and three partners founded Seattle-based WestCoast Hotels 1988 with the purchase of three Seattle Hotels, the Camlin, Roosevelt and the Vance. WestCoast grew to 19 hotels in 1999 and was acquired by Spokane-based Red Lion Hotels Corporation. The estate has 9,675 sq ft on 1.07 acres with 80 feet of waterfront, 4 bedrooms and 5 baths.

From the listing by Tere Foster and Becky Gray, Windermere: The Bellisima on Hunts Point. A grand interpretation of a Mediterranean classic characterized by distinctive quality and design. The carefully curate details have been applied individually preserving the character of the estate and carriage house. A tribute to highly sophisticated taste. A complexity & warmth that is seldom seen together. The nobility & beauty of fine materials. Graceful lines, sensitivity to proportion, a waterfront masterpiece. An extraordinary home. Exclusively Hunts Point.