Spokane, WA

$2,762,500

Mixed-Use

Commercial Ground-Up Construction

09/04/2020
Transaction by
Broadmark Realty Capital Inc.
This borrower sought nearly $2.8 million in financing to revamp a historic building in downtown Spokane, Washington. Broadmark Realty Capital provided a $2,762,500 acquisition and construction loan to complete the project, Lolo Lofts, an 11-unit residential property with just over 6,000 square feet of commercial space. The building is located on the west side of Downtown Spokane, with easy access to local roads and the freeway.