CBRE Arranges $67M Recapitalization Loan For 235-Unit Multifamily Property In Mukilteo, WA | 12101 Greenhaven Lane | Richard (Rick) Brody, Nick Santangelo, Matt Thorp | MultiFamily | Loan

Summary

Loan

WASHINGTON

MultiFamily

The property involved in the transaction is a multifamily asset located at 12101 Greenhaven Lane in Mukilteo, WA. The asset consists of 235 units. The transaction took place on July 12, 2022.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $67,000,000
Market: Mukilteo, WA
Landlord: Holland Partner Group & Principal Real Estate Investors
Brokers: Nick Santangelo, Matt Thorp & Rick Brody - CBRE

The loan obtained for the transaction is a recapitalization loan. The loan amount is $67,000,000. It is a five-year, floating-rate, full-term, interest-only bank loan.

Players

All
4

Agents
3
Agencies
1

Richard (Rick) Brody

DSF Analyst

Nick Santangelo

Senior Vice President

$49.5M Sold

Matt Thorp

Senior Debt & Structured Finance Analyst

CBRE

Details

Deal Summary

FINANCED

IMAGE: Nick Santangelo, Rick Brody & Matt Thorp DATE: 07/12/2022 ADDRESS: 12101 Greenhaven Lane MARKET: Mukilteo, WA ASSET TYPE: Multifamily ~ UNITS: 235 LANDLORD: Holland Partner Group & Principal Real Estate Investors BROKERS: Nick Santangelo, Matt Thorp & Rick Brody - CBRE LOAN AMOUNT: $67,000,000 LOAN TYPE: Recapitalization LOAN TERMS: Five-year, floating-rate, full-term, interest-only bank loan

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Address12101 Greenhaven Lane

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