homeWelcome, sign in or click here to subscribe.login
     


 

 

Real Estate


print  email to a friend  reprints add to mydjc  

July 27, 2023

M&M secures loan for View Ridge units

Marcus & Millichap Capital has secured an over $3.5 million construction loan for a three-unit residential project in the View Ridge area (or possibly Wedgwood). The site looks east to Sand Point Country Club. Cone Architecture is the architect and Seattle Land Use Co. is the developer. Roland Development is the builder. The project consists of a house with ADU, plus separate DADU. M&M's Tammy Linden arranged the financing, and said, “While the overall market is difficult, this well-located property, with a strong sponsor, garnered significant interest.” The 12-month loan carries a 12% fixed rate.




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