Seattle Apartments
Shaun Jepsen helped his client close on these Seattle Apartments for $24,315,000. This was a Re-positioning Loan with a construction component 77% of cost.
The Academy
The Academy Apartments was a unique opportunity for our client. The property was being operated as an independent and assisted living facility. It wasn?t profitable and they couldn?t make the numbers work keeping it as such. It is quite rare that senior facilities are converted to multifamily. The opposite is more the norm, but that […]