Deal: Crossroads DSHS

Location: Bellevue, WA

Collateral: An office building which is 100% occupied by the State of Washington across the street from Crossroads Mall.

Amount: $9,150,000

Type: Perm-Fixed, Refinance

Purpose: The borrower needed to refinance their maturing CMBS debt and wanted to lock in a long term, low interest rate. We were able to find them a lender that was willing to match their needs as well as provide them with no prepayment penalty.