Government Agency Relocating D.C. Offices, Taking Less Space
April 25, 2024
400,000-SF Industrial Project Planned for Silver Spring, Md.
April 25, 2024
City: Lynnwood
Seattle-Area Apartment Property Sells for $28.25Mln
Interstate Equities Corp. has paid $28.25 million, or $233,471/unit, for Augusta Glen, a 121-unit apartment property in Lynnwood, Wash. The Los Altos, Calif., investment firm purchased the property from APIC Inc. in a deal brokered by Marcus & Millichap's Institutional ...
KeyBank Writes $32.16Mln Freddie Loan for Lynnwood, Wash., Apartments
KeyBank has provided $32.16 million of Freddie Mac financing to facilitate the recapitalization of Woodcreek, a 164-unit apartment property in Lynnwood, Wash. RISE Properties Trust recapitalized the property in a deal valued at $54.88 million, or $334,634/unit, by bringing in ...
Greystone Writes $61.3Mln Fannie Loan Against Lynnwood, Wash., Apartments
Commercial Property Executive Greystone has provided $61.3 million of Fannie Mae financing against Kinect @ Lynnwood, a 239-unit apartment property in Lynnwood, Wash. Cushman & Wakefield arranged the 10-year loan, which pays a fixed coupon and requires only interest payments ...
Martha Lake Apartments
Martha Lake, meanwhile, was built in 1991 and has one-, two- and three-bedroom units with monthly rents between $1,681 to $2,265. It was encumbered by a $27.1 million Freddie loan that was securitized through FREMF, 2020-KI05, but has been paid ...
Dwight Capital Writes $49Mln HUD Loan for Lynnwood, Wash., Apartments
Dwight Capital has provided $49 million of financing, under the U.S. Department of Housing and Urban Development's 223(f) program for the 266-unit Tamaron Ranch Apartments in Lynnwood, Wash. Loans under the 223(f) program are used to fund existing properties and ...
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