Seattle & Northwest CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors


Seattle & Northwest  + Washington  + Finance  | 

Hunt Provides $23M Loans for Seattle Apartments

Hunt Mortgage Group has provided a total of $23.2 million in Fannie Mae loans to refinance three multifamily properties in the state of Washington. The private owner is based in Lakewood, WA, and has owned the assets for an average of 10 years.

Loan terms on all three facilities are 10 years, with a 30-year amortization and yield maintenance applying during the first 9.5 years. “All three of these properties are in excellent condition, and enjoy good visibility and accessibility located within, or just outside, the Seattle-Tacoma-Bellevue MSA,” said Hunt’s Jeffrey J. Ballaine.

The three refinanced assets were:

  • The 145-unit Brighton Place Apartments, 8615 83rd Street Ct. S.W., Lakewood, WA
  • The 186-unit Breckenridge Apartments, 2820 Tuscany Lane S.W., Tumwater, WA
  • The 250-unit Breckenridge Heights Apartments, 1923 Brittany Lane S.W., Tumwater, WA

For comments, questions or concerns, please contact Amy Sorter


Inside The Story

Read More at Globe NewswireConnect with Hunt Mortgage Group

About Mark El-Rayes

Mark El-Rayes is an award winning designer and photographer from Beirut, Lebanon. El-Rayes has over 15 years in the design industry, 5 years of which he served as a Mass Communication Specialist in the United States Navy at Naval Air Station North Island, Navy Public Affairs Support Element - West (NPASE). El-Rayes is a full-stack developer, seo specialist, photographer, and artist.

  • ◦Financing
New call-to-action
Conf_Stat_300x250_Banner_DG23_Retarg__2 Advertisement
New call-to-action