JLL Arranges $60M in Construction Financing for Gridline Apartments in Seattle

Gridline Apartments, at 1421 Harvard Ave. in Seattle, will feature 178 residences.

SEATTLE — JLL Capital Markets has arranged $60 million in construction financing for Gridline Apartments, a multifamily property currently under construction in Seattle. SRM Development and its partners are the borrowers. An affiliate of an international real estate investment company provided the funds.

Kaden Eichmeier and Steve Petrie of JLL Capital Markets arranged the financing for the borrower.

Located at 1421 Harvard Ave., Gridline Apartments will feature 178 residences.