Juniper Capital is pleased to announce the closing of an $11.6MM construction loan for the phase one of the development of a 408-lot plat in Moses Lake, WA. When a long-time Juniper client and major developer needed financing for the construction of the first phase of finished lots Juniper quickly closed a construction loan that will allow for the immediate commencement of construction for delivery to builders in 2022.

Loan Type: Construction
Property: Commercial
Loan Amount: $11,600,000.00
Region: Grant County, WA
Year: 2021