**Berkadia Secures $73.5M Refinance for Bellevue Multifamily Property**
Berkadia has successfully secured a $73.5 million loan to refinance The Madison Bellevue, a 281-unit garden-style multifamily community located in Bellevue, Washington.
The financing was arranged by Allan Freedman, Senior Managing Director at Berkadia Los Angeles. The permanent loan was secured through Freddie Mac on behalf of the property’s sponsor, California-based The Ezralow Company.
Located at 885 154th Place NE, The Madison Bellevue offers convenient access to local amenities including Barnes & Noble, Edgeworks Climbing, and The French Bakery Crossroads. The property features one- and two-bedroom apartment layouts with upscale finishes such as quartz countertops, spacious kitchen islands, hardwood-inspired flooring, full-size washers and dryers, stainless steel appliances, and private patios.
Community amenities include a fitness center, resident lounge, swimming pool, and other shared spaces designed to enhance the residential experience.
