We have just closed a $3,185,000 to a Seattle based developer. The borrower plans to use the funds to refinance a matured loan secured by a 7.89-acre property located in Des Moines, Washington, a suburb of Seattle. The property has been preapproved for mixed-use development including hospitality and residential.
Please feel free to contact me if you would like to discuss this deal or any new inquiries. Kennedy Funding will be exhibiting at this years ICSC Recon show next week. Let me know if you would like to schedule a meeting or feel free to stop by our booth #FP18. Thank you.