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May 23, 2014

2 lenders say Seattle still red hot but they are cooling a bit on apartments

  • Justin Dennett of Morrison Street Capital says “we struggle getting our heads around some of the per-foot and per-unit values we are seeing in the market today.”
    • By NAT LEVY
    Journal Staff Reporter

    It's a good time to borrow money and an even better time to sell buildings.

    Panelists at a NAIOP meeting this week said real estate financing is available at very low rates and sale prices are skyrocketing.


     
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