NEWMARK REALTY CAPITAL ARRANGES $52 MILLION IN FINANCING FOR 208-UNIT BLDG.

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SEATTLE — Newmark Realty Capital has arranged $52 million in financing for the 208-unit Rollin Street Flats, a Class A, 11-story residential building located at the intersection of Westlake and Denny avenues in Seattle’s South Lake Union neighborhood. The property also includes 16,000 square feet of ground-level retail. On behalf of Rollin Street Ventures, Newmark's Michael Taylor secured the financing from John Hancock Life Insurance Co., one of Newmark’s correspondent lenders.

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