homeWelcome, sign in or click here to subscribe.login
     


 

 

Real Estate


print  email to a friend  reprints add to mydjc  

May 3, 2018

iBorrow arranges $9M Olympia loan

Direct lender iBorrow, which recently opened an office in Ballard, said it arranged a refinance loan for $8.9 million on OB Investors' 88,450 square-foot office building at 3000 Pacific Ave. S. in Olympia. The 30-year-old building is 74 percent occupied. OB Investors, a partnership between Larry Mattal and a family trust, has owned the building for a decade. CEO Brian Good said in a statement, “The borrower needed a new loan to enable it to continue its leasing efforts before marketing it for sale.” Based in Los Angeles, iBorrow is a nationwide direct lender. JLL Northwest brokers Ray Allen and Seth Heikkila arranged the loan on behalf of OB Investors.




Email or user name:
Password:
 
Forgot password? Click here.