Hope your new year is off to a good start!
We have just closed a $3,000,000 loan to Tacoma, Washington based TCC RE Holdings, LLC. The borrower will use the loan proceeds to pay off existing debt and for working capital. The loan was secured by a four-building, 81,000 square foot religious facility located in Tacoma’s McKinley neighborhood, ranked by Forbes as the 10th- fastest growing American city in 2018.
Please contact me if you have a new loan inquiry or would like to discuss this recent closing. Thank you.