Cascadia Development Partners Secures $12 Million Bridge Loan From Kairos Investment Management For Multifamily Asset

The asset involved in this transaction is a multifamily property located at 2411 Broadway Street in the Vancouver market. The property consists of 50 units and boasts a total square footage of 51,073. A bridge loan amounting to $12,000,000 has been secured for this asset.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $12,000,000
• Address: 2411 Broadway Street
• Market: Vancouver
• Units: 50
• Square Footage: 51,073
• Lender: Kairos Investment Management
• Landlord: Cascadia Development Partners
• Broker: Zack Streit - Priority Capital Advisory
• Loan Type: Bridge

The key individuals in this transaction include Zack Streit, who represents Priority Capital Advisory in the brokerage role, facilitating the deal between the lender, Kairos Investment Management, and the landlord, Cascadia Development Partners.