Prime Finance Provides $7M Mezzanine Debt For Lynnwood Office Building

The office property located at 20816 44th Ave W in Lynnwood, WA has been involved in a recent loan transaction. The property spans across 182,000 square feet, showcasing its ample space for commercial activities. The lender behind this transaction is Prime Finance, who provided a mezzanine debt loan of $7,000,000 to support the involved parties.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $7,000,000
• Address: 20816 44th Ave W, Lynnwood, WA
• Market: Lynnwood, WA
• Asset Type: Office
• Square Footage: 182,000

Pearlmark represented by Bill Swackhamer served as the landlord during this transaction. It is crucial to highlight the instrumental role played by the lenders and landlords in facilitating such deals, ensuring a smooth and successful process for all parties involved.