UC Funds $35 Million in Seattle, WA
High Leverage & Fast Closing for New Construction
UC Funds, a vertically integrated commercial real estate specialty finance firm, funded a $35 million loan for the ground-up development of a 108-unit, seven story Class A luxury multifamily and retail project in the suburbs of the Seattle market.
This recent transaction demonstrates UC Funds’ leverage and speed with the entrepreneurial lens they are known for. The project is part of a $250 million revitalization commitment for 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 happy to deliver to an experienced sponsor and development team who focus on Northwest development. “
For more information on recent transactions: https://ucfunds.com/recent-transactions/.