Townhomes Near West Seattle’s Commercial Center
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
West Seattle, WA
February 2020
$6,071,000
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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