Stuart Oswald Secures $35M Refinance For Senior Housing In Gig Harbor, WA

The Lodge at Mallard’s Landing, a 147-unit senior living community located at 7083 Wagner Way in Gig Harbor, WA, has recently undergone a significant financial transaction. Stuart Oswald of Northmarq successfully secured a $35 million refinance for this senior housing asset.

Summary of transaction details:

• Property Type: Senior Housing
• Transaction Amount: $35,000,000
• Units: 147
• Market: Gig Harbor, WA
• BROKER: Stuart Oswald - NorthMarq
• Loan Type: Refinance
• Loan Terms: Six-year, fixed-rate loan

Stuart Oswald, representing Northmarq, played a crucial role in facilitating the $35 million refinance for The Lodge at Mallard’s Landing in Gig Harbor. The senior living community, managed by Senior Services of America, now benefits from improved financial terms secured through this successful transaction.