ScanlanKemperBard Secures $36M Floating-Rate Bridge Loan For Mixed-Use Property In Seattle, WA

The mixed-use property located at 5624-5790 Airport Way S in Seattle, WA has been involved in a recent closed transaction. With a size of approximately 6.5 acres, the property offers a versatile space for various uses.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $36,000,000
• Loan Type: Floating-rate bridge loan

The transaction was facilitated by JLL Capital Markets on behalf of the landlord, ScanlanKemperBard. The loan amount secured for this deal was $36,000,000, and it was classified as a floating-rate bridge loan.