JLL Secures $16.88M in Financing for The Landing at Saddlerock Multi-Housing Community in Wenatchee, WA
JLL has successfully arranged $16.88 million in acquisition financing for The Landing at Saddlerock, an 84-unit garden-style multi-housing community located in Wenatchee, Washington. Working on behalf of borrower Graystoke Capital Partners, JLL’s Debt Advisory team led by Managing Director Tony Nargi and Director Brock Knapp secured a seven-year fixed-rate loan from Fannie Mae.
The property is situated at 1105 Red Apple Rd., approximately 150 miles east of Seattle along the Columbia River. It boasts a prime location across from Wenatchee High School and next to Confluence Health Hospital as well as easy access to outdoor recreation options such as the popular Saddlerock Trail system.
This successful financing deal was made possible through JLL Real Estate Capital LLC’s expert servicing capabilities and showcases JLL’s commitment to providing top-notch financial solutions for its clients’ real estate needs.
