UC Funds $35 Million in Seattle, WA
High Leverage & Fast Closing for New Construction
Boston, MA – We are pleased to announce another successful project this quarter for our most recent multifamily project in the Seattle, Washington market. UC Funds provided a $35 million loan for the ground-up development of a 108-unit, seven story Class AAA luxury multifamily and retail project in the suburbs of the Seattle market.
This project demonstrates UC Funds’ leverage and speed with the entrepreneurial lens they are known for. The project is part of a larger $250 million revitalization commitment into this submarket.
“This transaction expands our footprint and investments along the entire West Coast with an attractive luxury multifamily and best-in-class amenities”, said Domenico Manago, Director of Sales for UC Funds. “We are proud to have provided this capital solution with an experienced sponsor and development team.”
About UC Funds. Providing over $4 billion of capital solutions, UC Funds is a one-stop shop for commercial real estate capital solutions and has earned a national reputation for being the industry’s most sophisticated financial ally. UC Funds is headquartered in Boston with offices in New York, Atlanta, Miami, Chicago, and Denver. For information on our lending platform or investing opportunities, please email firstname.lastname@example.org.