Berkadia Secures $18M Refinance For Multifamily Property In Puyallup, WA

The $18 million refinancing deal for Peak at Sunrise, an 80-unit multifamily property located at 17424 122nd Avenue East in Puyallup, WA, was successfully secured by Berkadia through Freddie Mac in partnership with DSC Capital. The loan transaction involved refinancing the property through Freddie Mac.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $18,000,000
• Address: 17424 122nd Avenue East
• Market: Puyallup, WA
• Lender: Freddie Mac
• Brokers: Lowell Takahashi & Vincent Punzi - Berkadia
• Loan Type: Refinance

Lowell Takahashi and Vincent Punzi from Berkadia played key roles in facilitating the refinancing deal for Peak at Sunrise. They represented the parties involved in the transaction, ensuring a successful collaboration with Freddie Mac and DSC Capital.