Walker & Dunlop Secures $39M Refinance For Bloom Apartments In Kirkland

Bloom Apartments, a 135-unit community located at 13120 Northeast 85th Street in Kirkland, WA, recently underwent a significant financial transaction. Walker & Dunlop secured a $39 million refinance for this multifamily property. The deal, facilitated by Grant Robertson and Mark Plenge from Walker & Dunlop, involved Bridge Investment Group providing a full-term, interest-only, non-recourse loan.

Summary of transation details:

• Property Type: Multifamily
• Transaction Amount: $39,000,000
• Market: Kirkland, WA
• Brokers: Grant Robertson & Mark Plenge - Walker & Dunlop
• Loan Type: Refinance

Mark Plenge, along with Grant Robertson, played a pivotal role in arranging the $39 million refinance for Bloom Apartments. This financial agreement was made possible through the involvement of Bridge Investment Group, ensuring a favorable deal structure for the 135-unit property in Kirkland, WA.