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Under Construction UW Student Housing Project Financed in Seattle
Quantum Capital Partners arranged $64 million in construction financing for “The M,” a luxury 24-story off-campus student housing development near the University of Washington (UW) in Seattle. The property is being developed by Los Angeles-based Fields Holdings, LLC.
The first new high-rise to be developed in the two-square mile University District in more than 30 years, The M is expected to be ready for occupancy to coincide with the beginning of the 2020/2021 school year. The property will feature 230 units ranging from studio to four-bedroom apartment homes above 4,350 square feet of street level retail.
The development site is located at 4700 Brooklyn Ave. NE, near UW’s central campus and across the street from LIV Seattle, a 100% occupied 56-unit/200 bed student housing complex developed by Fields in 2015.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Financing
- ◦Development
