Townhomes Near West Seattle’s Commercial Center

private money Refinance/construction townhomes in Seattle, WA

Project Description

Refinance/construction loan for a 16-unit townhome project in the West Seattle neighborhood located 15 minutes from downtown Seattle.  In addition, the townhomes are only 0.5 miles from the Commercial Center for West Seattle, which has a variety of restaurants and stores including Trader Joe’s, LA Fitness, and others along California Ave SW.

We were able to close this loan in approximately one week with a loan-to-cost (LTC) ratio just above 90%.

Loan Details

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West Seattle, WA

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February 2020

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$6,071,000

Contact Information

Thatcher Milholland, Washington

Douglas Swafford, Oregon & SW Washington

Mike Incrocci, Western Region

Bryan Graf, Western Region

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