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August 27, 2020

$37M multifamily refi loan in Puyallup

NorthMarq's Bob Spiro and Scott Moline recently secured a $37.4 million refinancing loan for Phase I of Glacier Run, a 240-unit garden apartment complex in Puyallup. The lender wasn't named. The loan carries a 10-year term with a 30-year amortization schedule. Spiro said in a statement, “We were able to provide construction take-out financing that was competitively priced with a streamlined closing process during these challenging times.”




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