Deal: Jupiter Apartments
Location: Capitol Hill, WA
Collateral: A three-story, 20 unit apartment building.
Amount: $2,502,000
Type: Perm, Acquisition Financing
Purpose: The client wanted to diversify their portfolio of single family residential real estate holdings by acquiring a multifamily property. Once they identified the subject property, we were able to provide them with an acquisition loan at a great rate through one of our agency connections.