Seattle DJC.com local business news and data - Real Estate - More details on Bond sale in Redmond
MainStreet Property Group sold the 139-unit Bond apartments last fall for almost $66 million, with leasing still underway. The buyer of the midrise project, near Marymoor Park, was an LLC related to G.W. Williams Co., of the Bay Area, which is quite active in Redmond. G.W. Williams took legal possession last month via a 1031 exchange, with Walker & Dunlap arranging an over $33 million loan from Fannie Mae. Now Highland Realty Capital, based in the greater Los Angeles area, has separately announced that it secured a nearly $43 million loan from an unnamed lender. King County didn't record ...
Source: djc.com