REBusinessOnline

Newmark Realty Capital Arranges $22M in Development Financing for Residential Tower in Northern Idaho

One-Lakeside-Center-Idaho

Located along the shores of Lake Coeur d’Alene in Idaho, One Lakeside Center will feature 60 residential units, a parking garage and ground-floor commercial space.

COEUR D’ALENE, IDAHO — San Francisco-based Newmark Realty Capital (NRC) has arranged $22 million in development and construction financing for One Lakeside Center, a 15-story residential tower on the north shore of Lake Coeur d’Alene in Northern Idaho.

Demetri Koston of NRC’s Spokane, Wash., office arranged the financing for the undisclosed borrower through a New York-based national bank lender.

Situated one block from the water’s edge in Coeur d’Alene, One Lakeside Center will feature 69 residential units, a parking garage and a ground-floor commercial suite. Additional details of the project were not released.

Get more news delivered to your inbox. Subscribe to France Media's e-newsletters. Click here.



Related News

Conferences