Home AEC Two Multifamily Projects in South Sound Face Foreclosure on $36MM of Combined Loans

Two Multifamily Projects in South Sound Face Foreclosure on $36MM of Combined Loans

The RegistryJune 30, 20232 Mins read4.6k

Image ALT text: Puget Sound, South Sound, Tacoma Trax, Tacoma, Madison Plaza, Kent, DMG Capital, GIS Companies, GIS International Group, J. Fanelli Properties, Parkview, Seattle

By The Registry Staff The fate of two multifamily developments in the Puget Sound area hangs in the balance as they approach a foreclosure auction scheduled for July. However, the developers are optimistic about avoiding this outcome. The first development is the Tacoma Trax apartments, a 115-unit project currently under construction at 415 E. 25th […]

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