FINANCED
Nitze-Stagen Secures $19.1M Loan From Amazon Housing Equity Fund For Trace 4001 Housing Project In Seattle
4001 South Willow Street
Development Site
Financed 124 days ago
Summary
Loan
WASHINGTON
Development Site
Nitze-Stagen has secured a $19.1 million low-interest loan from the Amazon Housing Equity Fund for its eight-story mixed-use housing project, Trace 4001. The development site is located at 4001 South Willow Street in Seattle, WA, near the Othello Link station in South Seattle.
Summary of transaction details
- Property Type: Development Site
- Loan Amount: $19,100,000
- Lender: Amazon Housing Equity Fund
- Landlord: Peter Nitze - Nitze-Stagen
The loan provided by the Amazon Housing Equity Fund will support the construction of the eight-story mixed-use housing project, Trace 4001, in South Seattle. Peter Nitze, representing Nitze-Stagen, successfully secured the low-interest loan. The project aims to provide much-needed housing options near the Othello Link station, contributing to the development of the community.
Players
Details
FINANCED
IMAGE: Peter Nitze
DATE: 01/05/2024
ADDRESS: 4001 South Willow Street
MARKET: Seattle, WA
ASSET TYPE: Development Site
LENDER: Amazon Housing Equity Fund
LANDLORD: Peter Nitze - Nitze-Stagen
LOAN AMOUNT: $19,100,000
NOTE: Nitze-Stagen secured a $19.1 million low-interest loan from the Amazon Housing Equity Fund for its eight-story mixed-use housing project, Trace 4001, near the Othello Link station in South Seattle.View on map
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Address4001 South Willow Street
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