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

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Birch Bay, WA

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June 2021

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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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