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Legacy Partners And New York Life Real Estate Investors Secure $91.9M Construction Loan For Bellevue Multifamily Property

1525 132nd Avenue Northeast
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This MultiFamily property located in WA received a loan of $91,900,000 over 1 year ago. The brokers of the deal were Dave Karson and Christopher (Chris) Moyer

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $91,900,000
  • Units: 288
  • Address: 1525 132nd Ave NE, Bellevue, WA
  • Market: Bellevue, WA

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Deals
  • Location
    1525 132nd Avenue Northeast, Bellevue, Washington 98005, United States1525 132nd Avenue Northeast, Bellevue, Washington 98005, United States
  • Loan Value
    $91,900,000$91,900,000
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    2 Brokers, 1 Agency, 1 Lender2 Brokers, 1 Agency, 1 Lender

Agents

Dave Karson

Dave Karson

Deals10
Financed$1.1B

Agency

Cushman & Wakefield

Cushman & Wakefield

Agency
Deals4190
Volume$167B

JPMorgan Chase

JPMorgan Chase

Lender
Deals167
Volume$ 2.2T

Deal Summary

LOAN IMAGE: Dave Karson, Chris Moyer & Keith Padien DATE: 08/02/2022 ADDRESS: 1525 132nd Ave NE MARKET: Bellevue, WA ASSET TYPE: Multifamily ~ UNITS: 288 LENDER: JPMorgan Chase LANDLORD: Legacy Partners and New York Life Real Estate Investors BROKERS: Dave Karson, Chris Moyer & Keith Padien - Cushman & Wakefield LOAN AMOUNT: $91,900,000 LOAN TYPE: Construction loan

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1525 132nd Avenue Northeast

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