186-UNIT MANUFACTURED HOUSING COMMUNITY SELLS FOR $7 MILLION

ENUMCLAW, WASH. — Jay Blasberg of Alliant Capital LLC represented the The Desimore Family Irrevocable Trust in the acquisition of Mountain Meadows, a 186-unit manufactured housing community in Enumclaw. The property sold for $7 million. The deal includes a 10-year term with 3 years interest-only, 9.5 years of yield maintenance and a 30-year amortization. Alliant Capital arranged primary financing through Fannie Mae.