FINANCED
Silverstein Capital Partners Provides $700M Loan For Bellevue Mixed-Use Development
814 102nd Avenue NE
Mixed-use
1,100,000 SF
1,100,000 SF
Financed 1 year ago
Summary
Loan
WASHINGTON
Mixed-use
1,100,000 sqft
Located at 814 102nd Ave. NE in Bellevue, Washington, this mixed-use property recently closed a significant deal. The transaction involved a loan amount of $700,000,000, making it a substantial investment. The property spans an impressive 1,100,000 square feet and includes 365 units, showcasing its expansive nature. The property's address in the thriving market of Bellevue adds to its appeal and potential.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $700,000,000
- Square Footage: 1,100,000
- Number of Units: 365
- Market: Bellevue, Washington
The loan for this transaction was provided by Silverstein Capital Partners, with Marty Burger representing the lending company. Andy Lakha, the landlord from Fortress Development, facilitated the deal. Acting as brokers in this transaction were Dave Karson, Chris Moyer, and Emily Johansen from Cushman & Wakefield. Their expertise and involvement were instrumental in navigating this substantial deal.
Players
Details
FINANCED
IMAGE: Dave Karson, Marty Burger, Chris Moyer, Andy Lakha & Emily Johansen
DATE: 04/21/2021
ADDRESS: 814 102nd Ave. NE
MARKET: Bellevue, Washington
ASSET TYPE: Mixed-use
LENDER: Silverstein Capital Partners - Marty Burger
LANDLORD: Andy Lakha - Fortress Development
BROKERS: Dave Karson, Chris Moyer & Emily Johansen - Cushman & Wakefield
LOAN AMOUNT: $700,000,000
SF: 1,100,000
UNITS: 365View on map
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Address814 102nd Avenue NE
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