RECENTLY FUNDED TRANSACTION PORTFOLIO
August, 2024
Recapitalization Bridge Loan
Recapitalization Bridge Lending Terms:
18 Month Financing
$1,900,000 Loan Amount
$4,620,000 Appraised Valuation
August, 2024
Apartment Rehab Transaction
Apartment Rehab Loan Terms:
12 Month Financing
$700k Rehab Costs
$4,100,000 Appraised Valuation
August, 2024
Automotive Acquisition
Automotive Acquisition Financing Terms:
$750,000 Loan Amount
w/ $100,000 Business Line of Credit
Two contingous SFR properties located on the desireable Capitol Hill neighborhood of Seattle on Broadway Ave E being held for future development.
$1,700,000 Loan Amount
April, 2022
Stanley Condominium Construction Loan
Currently under construction, Stanley contains 19 new modern style condominiums in the thriving Georgetown district of Seattle.
$6.300,000 Loan Amount
6.0% Interest Rate
65% of Total Project Costs
IO Interest Reserves
February, 2022
Shoreline “Scout” 16 Unit Modern Townhouse project
Another successful construction project with our long lasting relationship with Storybuilt. 16 units of modern townhouses.
$8,600,000 Loan Amount
5.5% Interest Rate
75% of Total Project Costs
IO Interest Reserves
December, 2021
Bridge Loan
This 2 parcel assemblage in Clyde Hill was originally purchased by Bylington Development for $7,500,000 via a private loan. Axis RE Capital helped provide conventional financing at 75% of the acquisition price, broken into two loans against separate parcels
$5,625,000 Combined Loan Amounts
24 Month Term
Interest Only Payments
November, 2021
Clyde Hill Construction Loan
Currently under construction is a high end Single Family Residence valued over 12 million
$3,400,000 Builder’s Line of Credit
5.0% Interest Rate
75% of Total Project Costs
November, 2020
La Huerta International Market #2
Axis RE Capital helped the owner of La Huerta International market expand it’s business to own the asset they were leasing, which included a long term anchor tenant, O’Reily Auto Parts
$3,620,000 purchase price
25 year amortization
10 year term
4.25% Interest rate
November, 2020
Capitol Hill Bridge Loan for Future Apartment Complex
Congratulations are in order to the 421 Belmont LLC on the funding of their short term bridge loan while they go through the permit process to build a new 8 story apartment with approximately 89 units.
$3,290,000 Valuation
2 Year Term
Prime + 2%
65% Loan to Acquisition Price
October, 2020
Ballard Bridge Loan for Future Apartment Complex
Axis RE Capital represented 3620 Phinney LLC on the funding of their short term bridge loan while they go through the permit process to build a new SEDU apartment complex containing approximately 70 units
$3,100,000 Valuation
2 Year Term
Prime + 2%
65% Loan to Acquisition Price
September, 2020
Lake City Bridge Loan for Future Apartment Complex
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
August, 2020
The Buck & Bear
Axis RE Capital represented the The Wildlife Blocks on the asset repositioning of The Buck and Bear properties.
$20,800,000 Valuation
Max Loan Amount based upon a 1.25 DSCR
7 Year Fixed SWAP Option
Cash Back for Future Investments
June, 2020
Portage Bay Spec House Construction Loan
Axis RE Capital represented Barcelo Homes on a new Spec Project in Portage Bay that sits on a parcel that is roughly 6146 sq ft with over roughly 3000 sq ft of livable space with sweeping views over Portage Bay.
$2,500,000 Valuation
18 Month Term with IO Reserves
75% of Total Project Cost
Prime + 1.5%
August, 2019
Rainier Retail Center
Axis RE Capital worked with the owners to remove Seller Financing and provide a banking relationship
1.25 DSCR
5 Year Fixed / 10 Year Term
4.0% on a 25 year amortization
Short Term Recapitalization Loan while the Developer goes through the permit process.
$8,500,000 Loan Amount
55% of Property Valuation
March, 2019
Greenwood Retail Investment Property
$3,500,000 Purchase Price
4.875%
7/1 ARM
10 Year Term
75% Loan to Value
November, 2018
DEP Homes – 5 Units Construction
Beautiful 5 Unit Townhouse Project in Central District with DEP Homes
$1.8 Million Construction Loan
75% Loan to Cost
65% Loan To Value
12 Month IO
November, 2018
Ravenna Townhouse Project
PSW’s Revenna Townhouse Project connected with Axis Re Capital for a $8.4 million Construction Loan
Funding date should be Jan 2019
16 units of townhouses
Prime + 1.25%
75% Loan to Cost
65% Loan to Value
November, 2018
Northline Townhouse Project
Axis RE Capital represented thePSW Rea Estate on their Northline Townhouse Project, which is currently under construction for 38 new modern townhouses
$10.4 Million Loan Amount
75% Loan to Cost
Prime +1.5%
24 Month Period
Interest Only Payments
4.875%
5 Year Fixed, 10 Year Term
25 Year Amortization
75% Loan to Value
February, 2018
Leary Land Acquisition
Quick close land acquisition in the heart of thriving Ballard
$2,300,000
September, 2017
RockMeadow Equestrian Center Refinance with Cash Out
Refinance with Cash Out for property improvements
$1,650,000
July, 2017
The Gilman Station
Issaquah Retail Center in need of completion of environmental remediation
$3,650,000
February, 2017
North Seattle Retail Commercial Acquisition & Rehab
Acquisition with funds for property improvements and new commercial investor
$2,800,000
25 year amortization
7 year fixed
December, 2016
Weller Street 3 Unit Construction
James Tjoa and Associates built and sold these 3 gorgeous units
$1,300,000
12 Month IO
November, 2016
Franklin Ave Apartments
Commercial acquisition small apartment complex investor deal in Eastlake area
$1,620,000
1.15 DSCR
30 Year Amortization
10 Year Fixed
November, 2016
Better Living Adult Family Home
5.125%
25 Year Amortization
5 Year Fixed, 10 Year Term
September, 2016
Weller Street Apartments
New Apartments Construction & Rehab of an existing 5 plex
$3,600,000
12 Months IO
July, 2016
Family First Adult Family Homes
Refinance to commercial stabilization with construction loan for small apartment complex in the Eastlake area
$3,750,000
Refinance of a thriving self storage facility at lower interest rate and longer fixed term
$3,850,000
Beautiful spec project on the last lot on Bitter Lake for a first time developer
$950,000 Valuation
June, 2016
La Huerta International Market
Lease vs own small business owner scenario. Axis assisted as the RE agent and provided financing up to 80% Loan to Value
$1,650,000 Purchase Price
March, 2016
Columbia City 7 Parcel Assemblage
PSW Real Estate is planing future site of 140+ units mixed use project
$4,000,000
60% Loan To Value
Prime +2% with IO Payments
36 Month Term
February, 2016
Aurora 16 Unit Apartment
Investor acquisition for property improvement
$1,200,000
1.15 DSCR
80% Loan to Value
30 Year amortization
February, 2016
U District Dental Office Partner Buy Out / Acquisition
Partner buyout in well established dental office in the University District
$1,500,000 Valuation
May, 2015
Twin Creek Mobile Home Park
Refinance on one of the finest mobile home parks in Bothell
$2,800,000
November, 2014
Little Explorers Refinance
Helping a small business owner refinance out of a seller financed acquisition with cash out
$975,000
Up to 80% of appraised value
10 Year Fixed Term
25 Year Amortization
Fast close used to acquire a restaurant in Belltown
$350,000
November, 2012
North Beach Apartments Acquisition & Rehab
Value added apartment acquisition and rehab for 9 unit apartment complex
$1,850,000
Funded off of future stabilized value
30 year amortization
12 month IO during Rehab
5/5 Term
November, 2009
Renew Physical Acquisition & Rehab
Small business owner that acquired a property instead of leasing
$2,300,000
May of 2016
Acquisition and 12 month Rehab
IO Reserve during construction
November, 2004
Fremont 3 Parcel Assemblage
Land acquisition for future mid-sized apartment complex in the Fremont area
$2,600,000
Testimonials
