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320 Queen Anne Avenue North

Sound West Group Secures $13 Million Refinance Loan From LaSalle Investment Management In Seattle
FINANCEDMultiFamily

Sound West Group Secures $13 Million Refinance Loan From LaSalle Investment Management In Seattle

320 Queen Anne Avenue North

$13,000,000

$311/SF

Building Size

41,800 SF

Asset Type

MultiFamily

Closing

Apr 29, 2025

AI

The property asset involved in this transaction is a multifamily building located at 320 Queen Anne Avenue North in Seattle, WA. The total square footage of the asset is 41,800. A loan amount of $13,000,000 was secured for refinancing this property.

Summary of transaction details:

Key individuals involved in the deal include Yarin Amzalag, Eliav Dan, Dante Distefano, and Jesse Yodice, who represent the interests of Sound West Group in the transaction. The transaction took place on April 30, 2025.

Players

Jesse Yodice

Greystone

Broker

$223.2M

vol

6 deals

Broker
LaSalle Investment Management
LaSalle Investment ManagementLender

Seattle 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

1.22%

Cash-on-Cash

-0.35%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93