Boeing Employees Credit Union Provides $53.5M Loan For Multifamily Property At 120 Broadway In Seattle

The multifamily property located at 120 Broadway in Seattle, WA has been involved in a recent loan transaction. The property consists of 238 units and is owned by Vulcan. The loan was provided by Boeing Employees Credit Union for a total amount of $53,500,000.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $53,500,000
• Units: 238
• Lender: Boeing Employees Credit Union
• Landlord: Vulcan
• Brokers: Michael Taylor & Alex Saunders - Gantry; Russ Cree - Glacier Real Estate Finance
• Date: 04/04/2023
• Market: Seattle, WA

The loan transaction was facilitated by the brokers Michael Taylor, Alex Saunders, and Russ Cree. Michael Taylor and Alex Saunders represent Gantry, while Russ Cree represents Glacier Real Estate Finance.