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.
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.