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Home Finance SRM Development Lands $48.5MM Refinance on 178-Unit Gridline Apartments in Seattle’s Capitol Hill
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SRM Development Lands $48.5MM Refinance on 178-Unit Gridline Apartments in Seattle’s Capitol Hill

June 11, 20263 Mins read460
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SRM Development has retired the construction debt on its leased-up Gridline Apartments in Capitol Hill, closing a $48.5 million permanent loan from a life-insurance lender that converts the distinctive adaptive-reuse project into a long-term hold. SRM Development has secured a $48.5 million permanent loan to refinance Gridline Apartments, the 178-unit luxury community the Spokane-based firm […]

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