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November 18, 2021

$19M construction loan fuels 92 First Hill units

Real Estate Editor

Rendering by Bogza [enlarge]
The project began over four years ago, under the old zoning, then gained an extra story with more units.

Broadmark announced the recent provision of a $19.3 million construction loan for a 92-unit apartment project on First Hill. Kamiak Real Estate is the borrower and developer for what's apparently dubbed Sound Flats, at 157 12th Ave., where construction is now underway with all permits in place.

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