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 …
Deal: Canyon Lakes Retail Location: Kennewick, WA Collateral: 7,877 SF, single-story retail center built in 2006 Amount: $1,700,000 Type: Perm, Acquisition Financing. Purpose: JS Coats was asked to finance the down Leg of a 1031 exchange …
Deal: Harbor Village Location: Friday Harbor, San Juan Island, WA Collateral: A 34,500 square foot mixed-use facility in downtown Friday Harbor. Amount: $2,150,000 Type: Perm, Refinance Purpose: The borrower required a new loan to pay off …
Deal: North City Retail Center Location: Shoreline, WA Collateral: 9,141 SF, fully-leased, single-story retail center built in 1950, renovated in 1990 Amount: $1,500,000 Type: Perm, Acquisition Financing. Purpose: JS Coats was asked to finance the down …
Deal: Everett Mall Office Building Location: Everett, WA Collateral: A two-story, 50,000 square foot office building adjacent to Everett Mall. Amount: $3,560,000 Type: Perm, Refinance Purpose: With their current mortgage coming due, and concerns about rising …
Deal: Monroe Industrial Location: Monroe, WA Collateral: 41,020 SF Office/warehouse Amount: $3,750,000 Type: Perm, Acquisition Financing Purpose: Our client approached us with a challenging assignment: to find 75% acquisition financing on a single tenant industrial building …
Deal: Western Triangle Building Location: Seattle, WA Collateral: Five story, 27,405 SF office condominiums developed by the borrower in 1989. Amount: $3,000,000 Type: Perm, Refinance (Forward) Purpose: This loan request involved the refinance of 5 floors …
Deal: Homewood Suites by Hilton Location: Issaquah, WA Collateral: Highly rated, well-constructed 123 room extended stay hotel built in 2015 Amount: $21,000,000 Type: Perm-Fixed, Mini-Perm Take out Purpose: Our borrower wanted to take down long term, …
Deal: Kirkland Retail and Auto Center Location: Kirkland, WA Collateral: 11,500 square foot Retail and Auto Center in Kirkland Amount: $840,000 Type: Perm-Fixed, Forward Purpose: The borrower was looking to refinance their maturing existing debt and …
Deal: The Omni Building Location: Federal Way, WA Collateral: Two-story, Class B, 37,000sf office building built in 1979 Amount: $3,000,000 Type: Perm - forward Purpose: In the summer of 2017, our client was concerned about …
