The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
June 22, 2024
 Search RENTV
 The REview
News Home Page
Southern California
Northern California
Pacific Northwest
Prop. Management
Press Releases
 R. E. Marketplace
Service Providers
Property Spotlight
 RENTV  Conferences
Subscriber Login:
Forgot Password?

ETC... ETC...
Printer-friendly Version   Email an Associate
New Res Development in Seattle Lands $42 Mil Refi Loan


Plus Capital Partners LLC has obtained a $42.63 mil refi loan on Shoresmith Apartments, a new, 113-unit res development in Seattle. The project, located at 1170 Republican St, also includes 1.3k sf of ground floor retail space and two levels of parking with space for 68 vehicles.

Shoresmith offers all market-rate rental units in an eight-story structure. The property is located in the heart of South Lake Union, just two blocks from Amazon’s headquarters, Google’s city campus, Seattle’s life science epicenter and Lake Union. Shoresmith boasts an extensive amenity package that includes a resident workspace, a fitness center, indoor lounge and a rooftop terrace with sweeping views of Lake Union, Queen Anne Hill and Capitol Hill.

Dave Karson, Chris Moyer, Alex Lapidus and Meredith Donovan with Cushman & Wakefield’s Equity, Debt & Structured Finance team represented Plus Capital Partners. The floating rate financing was provided by Barings Real Estate Advisors.

Return to the Archive page


Home | About Us | Newsletter | Contact Us | Executive Subscriber Membership | Executive Subscriber Home | Advertise
Southern California | Northern California | Pacific Northwest | Southwest | Retail | Multifamily | Financing | Property Management
Archives | Press Releases | Service Providers | JobWorks | Property Listings

Copyright © 2024 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media