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3100 Pacific Highway East

Sage Investment Group Secures $12 Million Construction Loan For Multifamily Conversion In Fife, WA
FINANCEDMultiFamily

Sage Investment Group Secures $12 Million Construction Loan For Multifamily Conversion In Fife, WA

3100 Pacific Highway East

$12,000,000

Building Size

Asset Type

MultiFamily

Closing

Dec 22, 2025

AI

The property asset involved in the context is a multifamily conversion located at 3100 Pacific Highway East in Fife, WA. The loan amount for this transaction is $12,000,000, categorized as a construction loan.

Summary of transaction details:

  • Property Type: Multifamily Conversion
  • Transaction Amount: $12,000,000
  • Lender: Charlie Brosens, Seth Weissman, Elijah Zuckerman & Bean - Urban Standard Capital
  • Landlord: Sage Investment Group
  • Loan Type: Construction

The key individuals involved in this deal include Charlie Brosens, Seth Weissman, Elijah Zuckerman, and Bean, representing Urban Standard Capital, which specializes in providing tailored financing solutions for residential projects nationwide. For inquiries, Elijah can be contacted at ([email protected]) and Charlie at ([email protected]).

Players

Urban Standard Capital
Urban Standard CapitalLender

Seth Weissman

Urban Standard Capital

Originator

$590.5M

vol

56 deals

Originator

Fife MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.32%

Cash-on-Cash

-0.38%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93