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Seattle & Northwest  + Washington  + Apartments  |  September 10, 2024
Jasmine Kilman
By: Jasmine Kilman

Apartments in Spokane Gets $33M from Partnership

Cushman & Wakefield and Greystone jointly arranged and provided $33 million in construction financing for the development of Kōz on West 4th Ave, a 210-unit, six-story multifamily apartment complex coming to downtown Spokane, Washington.

A partnership comprising an affiliate of Kōz Development, LLC and Catalyst Opportunity Funds recently broke ground on the project. Located at 307 West 4th Ave at the corner of S. Bernard St, Kōz on West 4th Ave is an 80,724-square-foot apartment complex with 108 parking spaces.

Cushman & Wakefield served as the exclusive advisor to the partnership in securing the construction financing for this new multifamily development. A Cushman & Wakefield Equity, Debt & Structured Finance (EDSF) team consisting of Chris Moyer, Dave Karson, Paul Roeter, and Chris Meloni represented the borrower in the transaction.

Greystone’s Michael Zampetti, Senior Managing Director, originated the private label loan, which was provided by Greystone, with assistance from Drew Fletcher and Jesse Kopecky on the construction financing vehicle.

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GreystoneCushman & Wakefield

About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.
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