- 4 pictures
- 28. Dec 2018
Deal: Lakeview Place
Location: Snohomish, WA
Collateral: 11,760 SF in-line retail building with eight tenant spaces, located in a grocery store anchored shopping center.
Purpose: Anticipating rising rates and a coming recession, the borrower wanted to insulate themselves from rising rates while pulling equity out of the property to be used in future acquisitions. This was achieved by securing a long term fixed-rate mortgage via one of our life insurance lenders.See More Results