This is a luxury, spec residential construction financing deal in Kirland, Washington. This builder came to SFG to secure construction financing for this project. This highly experienced team are building a home to be listed for $5 Million plus on what is known as one of the more walkable neighborhoods in the Seattle area.
Seattle Funding Group has extensive spec residential construction financing experience in the Kirkland area and throughout the western states. Spec-building and construction financing at this price point always requires solid analysis, perhaps more so in today’s economic climate. SFG carefully evaluated the request thorough our due diligence process and evaluation of market conditions, finished value, and strength of the borrower before quickly heading to a closing.
This transaction is another excellent example of SFG’s lending capabilities. SFG’s capacity and program flexibility does not typically exist with today’s private money lenders, and it is the reason that SFG remains the first call and the portfolio lender of choice for experienced mortgage professionals and builders alike.
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