Townhome Financing
Fund in 14 days with an 85% LTC
Project Description
Broadmark provides balance-sheet capital to a well-known, experienced, award-winning builder in Seattle, WA, for $5.6M. The investment will fund the land’s acquisition, horizontal and vertical construction of eight townhomes on two adjoining parcels. The two-bedroom homes will range in size from 1,487 to 1,561 square feet and are located in Seattle’s very walkable Capitol Hill neighborhood in the city’s northwest end. Broadmark was able to fund the deal at 85% LTC in 14 days for this return borrower.
Loan Details
Seattle, WA
July 2022
$5,616,741
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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