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$11,595,800

For New Multifamily Units
in , WA

Financing Type: Take-Out
Property Type: Multi-Family
Term: 12 Years
Amortization: 30 Years

Transaction Contacts

  • Demetri Koston
    Spokane Office
    (509) 720-6364

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The property is well located with high quality construction, which attracted a variety of institutional capital sources. Given the borrower’s objectives, Newmark identified the most competitive options available in today’s capital markets. Ultimately, the borrower selected one of Newmark’s correspondent lenders and the loan was fully funded immediately upon the property reaching stabilization.

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