Transactions

<  Back to more transactions

$62,000,000

For 624 Yale Apts
in Seattle, WA

Financing Type: Fixed-Rate
Property Type: Multi-Family
Term: 10 Years
Amortization: 30 Years

Transaction Contacts

  • Brian Bonipart
    Seattle Office
    (206) 816-6800

  • Abby Kemp
    Seattle Office
    (206) 816-6800

  • Michael Heagerty
    San Francisco Office
    (415) 956-7600

Share this Transaction

Multi

“The borrower was looking to buy out his institutional equity partner. He was concerned about rising interest rates impacting his business plan. He asked us to survey the market for a lender that could close on a permanent loan at Certificate of Occupancy. A majority of the lenders needed the property leased in excess of 50%. We were able to find a life insurance company that was familiar with the market and was able to close at C of O. He was very pleased with the entire process from application through closing.” 

Social media & sharing icons powered by UltimatelySocial