Updated Dec 30, 2025
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
About this deal
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]).
On the Map
$12,000,000
MultiFamily
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Players
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