The successful resolution of litigation provided the opportunity for our borrower to purchase this class “A” 97 unit apartment community. However, borrower had to close in less than 10 days time. Given the time constraint a hard money lender was their best option to close on time. A Seattle Funding Group principle visited the property immediately and confirmed value. The loan closed on time saving borrower over 1 million dollars. These time sensitive situations are where the SFG team really shines, our industry knowledge and experience separate us from other hard money lenders allowing us to quickly evaluate a property and move to close.
$6,500,000
97-Unit Apartment Community
Burlington, WA
Commercial