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Seattle & Northwest  + Seattle  + Apartments  |  May 14, 2024
Jasmine Kilman
By: Jasmine Kilman

Walker & Dunlop Secures $39M Refi for Seattle Apartments

Walker & Dunlop has arranged a $39 million refinance for Bloom Apartments, a 135-unit multifamily apartment community located in the Seattle suburbs. The Walker & Dunlop Capital Markets team was led by Mark Plenge and Grant Robertson, who arranged the refinancing on behalf of client Merit Holmes.

The team identified Bridge Investment Group as the lender to secure a maximum-progress, full-term, interest-only, non-recourse debt loan with a flexible prepayment structure. The Bloom Apartments are located at 13120 NE 85th Street in Kirkland.

Situated in the Rose Hill area, the property offers easy access to eateries, shops and parks. Kirkland is situated by the lake just east of Seattle and boasts a vibrant downtown scene with urban amenities and nearby nature attractions.

Read More News Stories About: Walker & Dunlop
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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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