50 New Apartment Complex in Seattle’s Greenwood Neighborhood

9736 Greenwood Avenue North, Seattle, WA 98103

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

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Seattle, WA

Broadmark logo

February 2022

Broadmark logo

$13.2M

Contact Information

Thatcher Milholland, Washington

Douglas Swafford, Oregon & SW Washington

Mike Incrocci, Western Region

Bryan Graf, Western Region

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