Acquisition and refinance financing for multifamily properties undergoing renovation or lease-up in Washington.
Minimum loan
At least $3M
Maximum loan
Up to $20M
Maximum loan-to-value
Up to 70%
Basis: Current appraised value; future stabilized value is not used for initial sizing.
Washington · Accepting submissions
Prepare your financing request
Make the transition clear
Describe the change between the property today and the intended exit: acquisition, renovation, lease-up, stabilization or sale. Include milestones and the expected financing period.
Show how the loan is repaid
Explain the proposed refinance or sale and the assumptions it depends on. Include support for stabilization timing and the property’s projected operations.
Read conditions alongside limits
Compare leverage, valuation basis, eligible markets and required evidence. Conditional limits and exception guidance are part of the published criteria, not guaranteed terms.
Published criteria describe the lending team’s appetite. Financing remains subject to lender review, underwriting and approval.