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FINANCING NEWS
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NBS Financial Services Arranges Trio of Deals Totaling $40 Mil in Financing

7/16/15

NBS Financial Services’ Associate Vice President Jeff Henderson has arranged a combined total of $40.2 mil in a recent string of financing deals.

In the largest of the deals, NBS Financial secured $21.9 mil in permanent financing for Point Plaza East Office Campus, a 149.8k sf property in southeast Tumwater, WA. NBS represented the borrower and the lender in this transaction.

In a deal representing Fannie Mae, NBS Financial provided $16.1 mil in permanent financing to Terrace Heights Apartments, a 160-unit residential community in Mountlake Terrace, WA. The borrower was able to lock a low interest non-recourse loan months before closing and before rates spiked.

NBS Financial also closed on $2.15 mil in 15-year, fixed-rate financing from a life insurance company for the Northlake Building, a 6.8k sf mixed-use property on Lake Union in Seattle.





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