Grandbridge Arranges $19.4M in Financing for Assisted Living Community in Issaquah

by Nellie Day

ISSAQUAH, WASH. — Grandbridge Real Estate Capital, an Atlanta-based lender, has closed a $19.4 million first mortgage loan for Aegis of Issaquah. The property is a 99-unit assisted living, memory care and short-term rehabilitation community in the Seattle suburb of Issaquah. Freddie Mac’s Capital Markets Execution (CME) Multifamily loan product provided the capital. Richard Thomas, senior vice president, and Meredith Davis, vice president, led the Grandbridge team on this transaction.

You may also like