Bridge-to-Perm Refinance – 144-Unit Class A Multi

bridgemultifamily

$28,000,000

Bridge-to-Perm Refinance – 144-Unit Class A Multi

Lacey, 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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