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bridgemultifamily
$28,000,000
Bridge-to-Perm Refinance – 144-Unit Class A Multi
Washington, WA
Bridge refinance for a recently completed 144-unit Class A multifamily property during lease-up. Property was 80% occupied at closing with a $1M earn-out subject to debt yield hurdles.
Deal Terms
Loan Amount$28,000,000
Occupancy at Close80%
Earn-Out$1M subject to debt yield hurdles
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