Prime commercial retail location right next to the University Village shopping complex. This area has some of the highest retail lease rates on the West Coast. The foreign national buyer brought in a down payment of over 40% but didn’t have time for traditional lending as the seller let everyone know there would be no extensions on the closing date. Seattle Funding Group was able to assess value quickly by leveraging relationships earned through 25+ years of actively being in the market and close on time. This is the second transaction we have closed for this investor as they continue to add to their portfolio of high quality Northwest properties.
56% LTV
