JLL Secures $19 Million Refinancing Loan For MainStreet Property Group's Bothell Multifamily Community

MainStreet Property Group's multifamily community, The 104, located at 18414 104th Avenue Northeast in Bothell, WA, consists of 115 apartments. The property has been refinanced with a loan amount of $19,000,000 secured via Fannie Mae.

Summary of transation details:

• Property Type: MultiFamily
• Transaction Amount: $19,000,000
• Lender: Fannie Mae
• Landlord: MainStreet Property Group
• Brokers: Bill Maloney & Seth Heikkila - JLL
• Loan Type: Refinance
• Address: 18414 104th Avenue Northeast
• Market: Bothell, WA
• Units: 115

JLL Capital Markets facilitated the refinancing loan for MainStreet Property Group, highlighting the company's involvement in securing favorable terms for the multifamily community. The transaction underscores the collaboration between the broker representatives and the lender to achieve successful financing for the property.