Seattle Investor Snags Five-Property Western MF Portfolio for $100M

Berkadia originated a $97.85 million Fannie Mae Credit Facility, which provided permanent fixed-rate financing for the acquisition of five multifamily assets on behalf of Seattle-based Investors Capital Group, LLC. The acquired properties are in four western states: Washington, Idaho, Utah and Arizona. The structured facility features five tranches of fixed-rate debt with 10- and 12-year …

The post Seattle Investor Snags Five-Property Western MF Portfolio for $100M appeared first on Connect Media.

Author: Dennis Kaiser

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