Washington Holdings Obtains $43.5M Loan for Refinancing of 180-unit, The Carter on the Park, Multifamily Community in Redmond, Washington

9/23/2024

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REBusinessOnline

• Subcategory: Capital Markets: Debt, MF: Market Rate

• Tag: Closing | Operations

• Additional Filters-Subcategory: Capital Markets: Debt-Loan, MF: Midrise

• Company: PGIM Real Estate (Prudential), Jones Lang LaSalle (NYSE: JLL)

Washington Holdings has received $43.5 million in refinancing for The Carter on the Park, a six-story apartment property in downtown Redmond. Bruce Ganong and Seth Heikkila of JLL Capital Markets Debt Advisory arranged the loan through PGIM Real Estate on behalf of the borrower.