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Home Finance Madison Development Group Lands $60.8MM Fannie Mae Refi on 216-Unit Spruce in West Seattle
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Madison Development Group Lands $60.8MM Fannie Mae Refi on 216-Unit Spruce in West Seattle

June 9, 20263 Mins read558
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Issaquah-based Madison Development Group has secured $60.8 million in Fannie Mae refinancing for Spruce, the 216-unit West Seattle apartment and retail complex it built on the site of a notorious recession-era pit once known simply as "The Hole." The transaction, arranged by Northmarq and recorded by King County on June 2, retires an existing Fannie […]

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