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Lending Portfolio
Transaction Details
Park Ave Commons will be a 4-story, 148-unit multifamily development located in Tacoma, Washington. The site is located near Pacific Lutheran University (PLU), with an enrollment of 2,800 students and 400 graduate students. It is centrally located to major transportation routes, employers, and amenities. The sponsor is Jody Miller Construction.
Deal Basics
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location
Tacoma, WA
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loan amount
$27.9 Million
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loan type
Construction Loan
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property type
Multifamily