$1,600,000
  • Unfinished construction of a luxury spec view home

  • Seattle, WA
  • Construction

This luxury home sits at the top of Highland Drive on Queen Anne Hill overlooking downtown Seattle and Puget Sound. Designed by famed Stuart Silk Architects, value estimates upon completion are north of $2,800,000. SFG dispersed $400,000 at closing to clear existing liens and will continue to release funds as the project improves. The sheer size of the loan and unfinished condition takes it outside the box of traditional sources. The low loan to value ratio and high marketability of the property creates this “make-sense” loan for SFG. Check out the photo gallery to see the progression of this marvelous property.