Deal: Northstream Building

Location: Kirkland, WA

Collateral: A well-established, 100% leased, Class A office building situated on Lake Washington Blvd. with panoramic lake views.

Amount: $2,750,000

Type:  Perm-Fixed, Refinance

Purpose: The borrower wanted to consolidate maturing loans secured by various properties into one long term, low interest rate loan secured by one property. We found them a life company lender that was willing to accommodate this structure and provide a low cost solution.