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Seattle & Northwest  + Seattle  + Apartments  |  June 16, 2025
Jasmine Kilman
By: Jasmine Kilman

Berkadia Secures Refinance for Bellevue Multifamily

Berkadia has secured a $73.5 million loan to refinance The Madison Bellevue, a 281-unit garden-style multifamily property in Bellevue, Washington.

Senior Managing Director Allan Freedman of Berkadia Los Angeles secured the permanent financing through Freddie Mac on behalf of the sponsor, California-based The Ezralow Company.

Situated at 885 154th Pl NE, the property provides easy access to popular destinations like Barnes & Noble, Edgeworks Climbing, and The French Bakery Crossroads. The Madison Bellevue features one- and two-bedroom layouts, complete with quartz countertops, spacious kitchen islands, hardwood-inspired flooring, full-size washers and dryers, stainless steel appliances, and private patios. Residents can also enjoy a range of community amenities, including a gym, a resident lounge, a pool, and more.

Read More News Stories About: Berkadia
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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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