Sunwest Bank Provides $56M Construction Loan For Boise Multifamily Development

Boise, Idaho saw a significant transaction in the multifamily asset class. Hawkins Cos, the landlord, secured a construction loan for $56,000,000 from Sunwest Bank. This loan will support the development of a new property in the market.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $56,000,000
• Lender: Sunwest Bank
• Landlord: Hawkins Cos
• Brokers: Dave Karson, Chris Moyer, Paul Roeter & Meredith Donovan - Cushman & Wakefield
• Loan Type: Construction

Cushman & Wakefield represented the parties involved in the deal. Dave Karson, Chris Moyer, Paul Roeter, and Meredith Donovan served as the brokers from Cushman & Wakefield in this transaction.