Deal: Valley View Medical

Location: Renton, WA

Collateral: A 38,000sf, 2-story medical office building situated over a subterranean parking garage.

Amount: $4,000,000

Type: Perm-Fixed

Purpose: Our borrower was looking to bifurcate 1031 exchange proceeds into two acquisitions. Our correspondent lender provided the long term, non-recourse financing this long-term investor was looking for. Closing took place within 30 days.