Deal: Portland Mixed-Use Building Location: Portland, OR Collateral: 2-story, mixed-use building with retail on the first floor and office on the 2nd floor. Amount: $2,586,000 Type: Perm, Refinance Purpose: Our foreign national client wanted to …
Deal: Ritzville Retail Location: Ritzville, WA Collateral: A two-unit, 3,000 SF retail building located on I-90 in Ritzville, WA. Amount: $750,000 Type: Refinance Purpose: The borrower wanted to pull equity out of this property to purchase …
Deal: Lahaina Townhomes Location: Kirkland, WA Collateral: A two-story, eight-unit multifamily property located in downtown Kirkland, WA. Amount: $1,460,000 Type: Refinance Purpose: After purchasing this property and doing a complete remodel, the borrower needed to refinance …
Deal: Quad Building Location: Lacey, WA Collateral: A 130,000 sq. ft. 3-building, 4-story, office complex of steel and concrete construction originally built in 1989 - 1993. Amount: $11,000,000 Type: Perm-Fixed Purpose: The borrower acquired this property …
Deal: 605 Building Location: Lacey, WA Collateral: Four-story, 78,000 s.f., former office building of steel and concrete construction built in 1985. The tenant improvements will completely transform the building into …
Deal: Lonestar Building Location: Seattle, WA Collateral: The collateral consists of a 57,459 square foot, concrete tilt-up, multitenant industrial building sitting on 2.55 acres. Amount: $2,400,000 Type: Perm-Fixed, Acquisition Purpose: This loan request involved the financing …
Deal: IAAI – South Hill Location: Puyallup, WA Collateral: New 85 acre (net) industrial property with 3 small administrative buildings for auto auction business. Amount: $21,000,000 Type: 20-year fully amortizing fixed rate permanent loan to …
Deal: Marysville Holiday Inn Location: Marysville, WA Collateral: 100-key Hotel Amount: $12,050,000 Type: Acquisition Loan Purpose: The buyer located this replacement property in Marysville for the down-leg of their 1031 exchange transaction. Simultaneously with the …
Deal: Evergreen Business Center Location: Everett, WA Collateral: Well maintained, 97% occupied, 51,000 s.f. multi-tenant office building built in 1978. Amount: $1,500,000 Type: Additional Advance Purpose: Over time, the owner of this property had experienced substantial …
Deal: Sumner Holiday Inn Location: Sumner, WA Collateral: 112-Key Hotel Amount: $12,050,000 Type: Refinance Purpose: The purpose was cross collateralized with the Marysville Holiday Inn & Suites property and one of the large stakeholders needed to …
