50 New Apartment Complex in Seattle’s Greenwood Neighborhood
Project Description
Broadmark Realty Capital provides a $13.2M construction loan to a well-established builder for the vertical construction of 50 unit apartment complex in North Seattle’s Greenwood neighborhood.
Greenwood Apartments is primarily a multifamily building (48 units) with two live-work spaces. This modern building will offer studios, as well as one and two-bedroom layouts, with the average living space being 627 sq ft. The building will have six levels plus a rooftop area featuring wood frame construction over a concrete podium. Each unit will have fine finishes, including stainless steel appliances, quartz countertops, and vinyl plank flooring. The ground floor will feature a small retail space of just over 1,100 SF. The larger unit sizes, building amenities, and close proximity to vibrant neighborhood retail will attract tenants once construction is complete.
Contact Thatcher Milholland today to start your next Washington multifamily construction project.
Loan Details
Seattle, WA
February 2022
$13.2M
Contact Information
Thatcher Milholland, Washington
Douglas Swafford, Oregon & SW Washington
Mike Incrocci, Western Region
Bryan Graf, (NMLS ID 1438299), Western Region
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