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$21,700,000

For Union Bay Apartments
in Seattle, WA

Property Type: Multi-Family
Term: 10 Years
Amortization: 10 Years

Transaction Contacts

  • Andy Bratt
    Newport Beach Office
    (949) 777-9040

  • Spencer Seibring
    Newport Beach Office
    (949) 777-9040

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

Share this Transaction

Multi

The sponsor, a privately owned Los Angeles based development company, acquired the property two years ago and implemented an intensive value-add strategy. The property was reaching stabilization and the sponsor wanted to maximize cash-out, interest-only, and lock in long-term fixed-rate financing.

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