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4/21/26
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Low Tide Properties has secured a $53 mil refi loan on 110 Roy Street, a brand new 167-unit multifamily property located in Seattle. Recently developed by Continental Properties in partnership with Low Tide Properties and situated in the heart of Queen Anne, 110 Roy offers a distinct variety of studio, one-bedroom, and two-bedroom modern apartment homes.
Amenities at the property include a rooftop skyview terrace, 24-hour fitness studio, pet spa and a resident lounge. The property also comprises nearly 6.7k sf of prime retail space along Roy Street.
Dave Karson, Chris Moyer, Alex Lapidus and Zarif Hasan of Cushman & Wakefield arranged the five-year financing. The loan was, provided by Northwestern Mutual.
“This refinancing reflects the continued demand for well-located multifamily assets in Seattle’s dynamic market,” said Karson. “110 Roy Street was strategically positioned as one of the newest and most modern offerings in the market, with very limited multifamily construction anticipated in the coming years.”
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