Seattle Funding Group has closed many construction completion loans for multifamily projects throughout CA and the Western US. This latest example involved a 40-unit project being built by a now 29x repeat client of SFG.
Located in a rapidly changing neighborhood of West Sacramento, it enjoys close proximity to downtown, employment centers, shopping and recreation. Being developed by a proven professional and walkable to a handful of dining establishments, River Walk Park, Old Sacramento and Golden 1 Center, there was a lot to like about this terrific project and the financing opportunity it presented. At the same time, there were the usual project specific challenges and concerns to address and work through in order to shepherd the request to a successful closing. Working closely with the sponsorship and project development team, SFG was able to properly address those issues and structure a solution that provided the capital necessary to complete the project.
Construction completion, loss of priority, working through project concerns, finding sensible solutions, small to mid-sized multifamily finance, developing and maintaining long-term relationships…all common chords you’ll find throughout Seattle Funding Group’s Deal Gallery.
Sometimes, Capital at the Speed of Business takes a little longer, but between the disciplined, skillful staff at SFG and strong, capable sponsorship, we’ll create the path to closings for terrific projects such as this one in West Sacramento.