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

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Seattle, WA

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July 2022

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$5,616,741

Contact Information

Thatcher Milholland, Washington

Douglas Swafford, Oregon & SW Washington

Mike Incrocci, Western Region

Bryan Graf, Western Region

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