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October 15, 2020

Bothell apartments receive $36M refi

Dwight Capital announced late last month the provision of a nearly $36.2 refinancing loan for the Willina Ranch Apartments in Bothell. Dwight's Josh Sasouness and Josh Hoffman originated the transaction. The HUD loan also earned a Green Mortgage Insurance Premium (or MIP) reduction of 25 basis points, according to Dwight, which is based in New York City. The 175-unit Willina Ranch was developed in 2000 by R.D. Manning, which still owns the garden apartment complex, just west of Interstate 405.




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