Evergreen Secures $44M Refi for Seattle-Area MF

CBRE Capital Markets’ Debt & Structured Finance secured $43.8-million in refinancing for the newly-built Cerasa Apartments, an eight-story, 154-unit, luxury multifamily building in Bellevue, WA. CBRE’s Jeff Henderson arranged the 15-year fixed rate term on behalf of the borrower, Evergreen Point Development, LLC. The financing, provided by a correspondent life insurance company, was in the …

The post Evergreen Secures $44M Refi for Seattle-Area MF appeared first on Connect Media.

Author: Dennis Kaiser

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Apartments & Multifamily, Financing, National News, Washington News, West