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February 28, 2019

$30M refi for Bothell apartments

NorthMarq secured a $29 million refinance deal for the 135-unit Edition Apartments in Bothell. Bob Spiro led the effort. The loan carries a 10-year term with a 30-year amortization schedule. The lender wasn't named. Tarragon developed the six-story structure at 18420 102nd Ave. N.E. It broke ground in early 2017 and opened in 2018. BCRA was the architect, and Sierra Construction was the general contractor.


 
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