When delays by the borrower’s bank became prohibitive to the project, a local developer and long-time Juniper Capital client came to Juniper to close the financing to complete the construction of a 78-unit apartment project in Silverdale, WA. As rates continue to rise and banks tighten their lending parameters, Juniper strives to provide well-priced private loans to bring great projects around the Pacific Northwest to the finish line.
Loan Type: Construction
Property: Commercial
Loan Amount: $20,800,000.00
Region: Kitsap County
Year: 2022
