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$9,500,000 | Federal Way, WA building

Federal Way, WA

Transaction Type

Loan Refinance


Loan Type

Permanent Loan

Situation & Challenges

  • Refinance of value-add bridge loan
  • New leases were signed, but tenants not yet in occupancy

Solutions & Highlights

  • Recapitalized tenant improvement (TI) costs and costs associated with property improvements
  • 10-year loan term; 30-year amortization