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Home Finance Pillar Properties, Teutsch Partners Acquire $50MM Loan for The Verge Apartments in Auburn
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Pillar Properties, Teutsch Partners Acquire $50MM Loan for The Verge Apartments in Auburn

January 20, 20231 Mins read878
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SEATTLE, WASHINGTON (January 19, 2023) – Stuart Oswald, senior vice president/managing director of Northmarq’s Seattle office and Russ Cree of Glacier Real Estate Finance, collaborated to arrange a $50 million construction take-out loan for The Verge Apartments in Auburn, Washington. The loan was structured with a 10-year fixed rate term, 30-year amortization, and no repayment […]

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