Another Seattle-Area Multifamily Site Secures Refinancing, This Time For $22.5M
The multifamily property, located at 17516 44th Ave. East in Frederickson, was developed by Tarragon LLC. It is the third phase of the development and includes 90 townhome units.
More recently, NorthMarq secured $19.5M in permanent financing for The Main Apartments in Sumner, which is also a Tarragon development, and a $66.9M construction loan for Waterfront Place Apartments in Everett.
Tarragon recently opened the 94K SF, seven-building The Main + Lofts affordable and workforce mixed-use development in Sumner.