This month's featured loan is a new construction condo in Bellevue, WA – one of the most competitive and high-value residential markets in the Pacific Northwest. Cascara Capital structured the deal to support a clean build and a strong exit.
Bellevue is one of the most sought-after markets in Washington state, and this new construction condo is a strong example of Cascara Capital's ability to fund high-value builds with the right structure. Financed at 70% LTV and 79% LTC, the project closed with a sale at $1.9M – a result that reflects both the quality of the build and a loan designed to give the borrower every advantage heading into exit.