WRIGHTWOOD CAPITAL PROVIDES $7.5 MILLION ACQUISITION LOAN

SEATTLE — Wrightwood Capital has provided a $7.5 million loan to Myron Lieberman for the acquisition of Campus View Apartments, which is located at 4322 7th Ave. in Seattle. Built in 1986, the five-story, more than 28,000-square-foot student-housing property features 40 two- and three-bedroom units surrounding an open courtyard. The building also offers a central elevator, ample parking and laundry facilities. Myron Lieberman plans to redevelop the building into a luxury student-housing facility. Renovations include the addition of a common outdoor living area with barbeques, lounges and dining areas, and individual unit upgrades, including kitchen and bathroom renovations and new appliances and carpeting. Allison Higgins and Steve Bram of George Smith Partners arranged the financing.