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Berkadia Secures Over $25 Million in Financing for Affordable Housing Property in Seattle

PORTLAND, Ore. – December 3, 2021 – Berkadia announced today the financing secured for Heartwood, a to-be-built eight-story, midrise multifamily property in Seattle, Washington. Managing Director Fred Dockweiler of Berkadia Portland secured the $25.6 million in construction financing and Freddie Mac forward take-out loan on behalf of the sponsor, Washington-based Community Roots Housing. The deal […]