Construction Financing for a Brewery in Richland, Washington

construction financing in washington

Project Description

This client came to Broadmark Realty Capital with a half-completed construction project for a brewery in Richland, Washington. Broadmark credited the borrowers for their work to date, cashing out 15% of what they’d put into the project to boost their liquidity. In addition, Broadmark’s funding will cover the construction costs to complete the project, not including brewing equipment. The project is situated near the Pacific Northwest National Lab, is next to a 288-unit apartment project opening later in 2021, and is within proximity to a string of other businesses along Highway 240.

Loan Details

Broadmark logo

Richland, WA

Broadmark logo

May 2021

Broadmark logo

$795,600

Contact Information

Thatcher Milholland

Thatcher Milholland, Washington

Doug Swafford

Douglas Swafford, Oregon & SW Washington

Mike Incrocci

Mike Incrocci, Western Region

Bryan Graf

Bryan Graf, Western Region

Discover Similar Case Studies

Your real estate goals–accomplished. Broadmark has designed financial solutions for savvy real estate developers, operators, and owners. Read about our successes and contact us today to learn how we can help you reach your goals.

CONNECT WITH THE RIGHT MARKET EXPERT

Request Terms

Smart. Reliable. Rapid.

Your trusted partner in real estate finance.