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Seattle DJC com local business news and data - Real Estate - MainStreet plans 285 Totem Lake units

Seattle DJC com local business news and data - Real Estate - MainStreet plans 285 Totem Lake units
djc.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from djc.com Daily Mail and Mail on Sunday newspapers.

Washington restaurants rush to apply for federal grant funding

Washington restaurants rush to apply for federal grant funding The Washington Hospitality Association estimates 80% of applicants will not qualify because the fund will run out of money. Author: Kalie Greenberg Updated: 6:07 AM PDT May 24, 2021 KIRKLAND, Wash. It s the last call for businesses to apply for the Restaurant Revitalization Fund. After receiving more than 300,000 applications nationally, applications will close at 2 p.m. Monday, May 24. The fund was established as part of the American Rescue Plan to help the food and beverage industry recover from the pandemic. Numbers from the Small Business Administration show just how badly restaurants need help. According to the business association, the rescue plan has received more than 300,000 applications representing more than $69 billion in requested funds. Nearly 38,000 applicants have been approved for more than $6 billion.

CBRE Capital Markets Arranges Financing for Acquisition of 202-Unit Aura Totem Lake Apartment Community in Kirkland, Washington

SAN FRANCISCO, CA - CBRE Capital Markets has arranged the financing on behalf of Bell Partners for the acquisition of the Aura Totem Lake Apartments in Kirkland, Wash. Bell Partners acquired the property in a sale that closed April 29. Andrew Behrens, Jesse Weber, Scott Williams and Robert LaChapelle with CBRE’s Debt & Structured Finance group arranged the loan. “Buoyed by the continued proliferation of major tech employers, the Eastside of Seattle is a global innovation center experiencing tremendous economic and demographic growth. Aura Totem Lake sits at the nexus of this growth, and its high-end finishes and location within the beautiful Village at Totem Lake master-planned center position the community well for renter demand going forward,” said Paul Haviland, Vice President of Investments, Bell Partners.

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