Barcelo Homes Inc. on the funding of their short term bridge loan while they go through the permit process to build a new 6 story, 124 unit apartment complex with offices located at 14038 and 14040 Lake City Way NE in Seattle.
- $1,280,000 Valuation
- $7,125,000 MUP Valuation
- 1 Year Term
- Prime + 2.0%
- 65% Loan to “As Is” Basis
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