Deal: CES Building

Location: Redmond, WA

Collateral: 2 Story, 30,902 square foot building built in 1994

Amount: $4,350,000

Type: Perm-Fixed

Purpose: The purpose of this loan was to finance the acquisition of this property located in Redmond, WA. The borrowers wanted a lender which would fund a future buildout of the 2nd floor mezzanine space and allow an owner-occupied element. The lender closed fast and provided 75% of the acquisition cost.