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Silverstein Capital Partners Provides $700M Loan For Bellevue Mixed-Use Development

814 102nd Avenue NE
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This Mixed-use property located in WA received a loan of $700,000,000 almost 3 years ago. The brokers of the deal were Dave Karson, Emily Johansen, and Christopher (Chris) Moyer

Located at 814 102nd Ave. NE in Bellevue, Washington, this mixed-use property recently closed a significant deal. The transaction involved a loan amount of $700,000,000, making it a substantial investment. The property spans an impressive 1,100,000 square feet and includes 365 units, showcasing its expansive nature. The property's address in the thriving market of Bellevue adds to its appeal and potential.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: $700,000,000
  • Square Footage: 1,100,000
  • Number of Units: 365
  • Market: Bellevue, Washington

The loan for this transaction was provided by Silverstein Capital Partners, with Marty Burger representing the lending company. Andy Lakha, the landlord from Fortress Development, facilitated the deal. Acting as brokers in this transaction were Dave Karson, Chris Moyer, and Emily Johansen from Cushman & Wakefield. Their expertise and involvement were instrumental in navigating this substantial deal.

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Deals
  • Location
    814 102nd Ave NE, Bellevue, WA, USA814 102nd Ave NE, Bellevue, WA, USA
  • Loan Value
    $700,000,000$700,000,000
  • Asset Type
    Mixed-useMixed-use
  • Parties
    3 Brokers, 1 Agency, 1 Lender3 Brokers, 1 Agency, 1 Lender

Agents

Dave Karson

Dave Karson

Deals10
Financed$1.1B

Agency

Cushman & Wakefield

Cushman & Wakefield

Agency
Deals4190
Volume$167B

Silverstein Capital Partners

Silverstein Capital Partners

Lender
Deals4
Volume$ 18B

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Deal Summary

LOAN IMAGE: Dave Karson, Marty Burger, Chris Moyer, Andy Lakha & Emily Johansen DATE: 04/21/2021 ADDRESS: 814 102nd Ave. NE MARKET: Bellevue, Washington ASSET TYPE: Mixed-use LENDER: Silverstein Capital Partners - Marty Burger LANDLORD: Andy Lakha - Fortress Development BROKERS: Dave Karson, Chris Moyer & Emily Johansen - Cushman & Wakefield LOAN AMOUNT: $700,000,000 SF: 1,100,000 UNITS: 365

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814 102nd Avenue NE

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