LACEY, WASH. — Buchanan Mortgage Holdings, an affiliate of Buchanan Street Partners, has provided a $39 million non-recourse construction loan for the completion of a garden-style multifamily community in Lacey. The borrower is Harbor Custom Development.
Lacey, WA (October 5, 2022) – Buchanan Mortgage Holdings, LLC (BMH), an affiliate of Buchanan Street Partners, L.P., provided a $39 million non-recourse construction loan to Harbor Custom Development, Inc. to complete the development of a 177-unit, garden-style multifamily community located in Lacey, Washington, a suburb of the Seattle/Tacoma MSA.
Tacoma-based Harbor Custom Development Inc. (Nasdaq: HCDI) has secured a $39 million construction loan to complete a 177-unit garden-style apartment development in Lacey. Buchanan Street Partners of Newport Beach, California, announced last week that it provided the non-recourse loan. The announcement comes as rising interest rates have dampened demand for...
A Los Angeles real estate firm has secured $25 mil in construction money for the development of a 53.3k sf, Class A truck terminal situated on 10.5 acres in Perris. The unnamed borrower has specialized in entitling, developing and operating industrial, logistics, and cold storage properties across California for over...
Harbor Custom Development Inc has secured $39 mil in construction money to complete the development of a 177-unit, garden-style multifamily community located in Lacey, WA, a suburb of the Seattle/Tacoma MSA. The non-recourse loan was provided by Buchanan Mortgage Holdings LLC, an affiliate of Buchanan Street Partners L.P.
Next time you’re at the corner of Jamboree and Main in Irvine, look up. Yes, you might see an airplane with its landing gear coasting toward nearby John Wayne Airport … but you also might see what looks like molten metal pouring off an apartment complex.
Buchanan Mortgage Holdings (BMH), an affiliate of Buchanan Street Partners, L.P., has provided a $39 million non-recourse construction loan to Harbor Custom Development for the development of a multifamily community in Lacey, WA.
Lacey, WA (October 5, 2022) – Buchanan Mortgage Holdings, LLC (BMH), an affiliate of Buchanan Street Partners, L.P., provided a $39 million non-recourse construction loan to Harbor Custom Development, Inc. to complete the development of a 177-unit, garden-style multifamily community located in Lacey, Washington, a suburb of the Seattle/Tacoma MSA.
Buchanan Mortgage Holdings LLC (BMH), an affiliate of Buchanan Street Partners L.P., recently closed three loans in California totaling $55 mil. The financing deals were for development land in San Diego, an office to res condo project in Hermosa Beach, and a hotel to apartments conversion project in Rancho Cordova.
Newport Beach, CA (September 26, 2022) – Buchanan Mortgage Holdings, LLC (BMH), an affiliate of Buchanan Street Partners, L.P., recently closed three loans in California totaling $55 million. “We are thrilled to continue building upon BMH’s successful track record of providing creative financing solutions to our existing and new client...
