BEVERLY HILLS, Calif., Aug 26, 2010 (BUSINESS WIRE) -- Kennedy Wilson Auction Group, a division of international real estate investment and services company Kennedy Wilson will conduct an auction for 34 units at Olive 8, a 22-story tower located above the Hyatt hotel in downtown Seattle. The auction will take place on Sunday, September 19, 2010 at the Hyatt.

"We are very pleased with the response that we are receiving for this auction," stated Rhett Winchell, president of Kennedy Wilson Auction Group. "The high interest in Olive 8 is not surprising since it is Seattle's first sustainable condominium/hotel and offers five-star amenities at affordable prices."

Starting bids at Olive 8 are as low as $160,000 on homes previously priced from $395,000 to $1,235,000. The available one and two bedroom units provide up to 1,586 sq. ft. of living space. Amenities shared with the hotel include room service and housekeeping in addition to a pool, fitness center and yoga studio. Exclusive amenities reserved only for residents include a 24-hour concierge, club lounge with outdoor terrace, billiards and entertainment rooms and a dog run. Additionally, Olive 8 bears the distinction of being Seattle's first green condominium/hotel with a LEED Silver Certification.

Kennedy Wilson will host informational buyer seminars at 1:00 p.m. on Sunday, September 12th, at the Hyatt. Further information is available via the auction website at www.Olive8CondoAuction.com.

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Source: Kennedy Wilson