Land Acquisition Loan in Birch Bay, WA

A plan for a housing development in Birch Bay, WA, land acquisition loan provided by Broadmark Realty Capitol

Project Description

Broadmark financed the purchase a total of 220.21 acres located next to the Semiahmoo master planned community 20 miles northwest of Bellingham for a long-time client. This acquisition includes 71 existing finished single‐family lots, unimproved land for 143 additional single‐family lots, and a site for 55 multifamily units.

Loan Details

Broadmark logo

Birch Bay, WA

Broadmark logo

June 2021

Broadmark logo

$9,000,000

Contact Information

Thatcher Milholland, Washington

Douglas Swafford, Oregon & SW Washington

Mike Incrocci, Western Region

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.