News
Go-Go Days for Finance
May 28, 2014
Seattle real estate lending is hitting new heights, Berkadia SVP Louis Weisman tells us. In fact, we have one of the top equity and debt markets in the country, due to increasing net job growth and demand for all types of commercial real estate, he says. New office projects in the Seattle and Bellevue CBDs are fueling new multifamily development and value-add opportunities among older multifamily assets. Recently Louis, along with colleague Tim Ufkes, arranged nearly $15M in bridge financing for 954 E Union St, a mixed-use property in Capitol Hill with 79 residential units, which will be open this fall.
