Real Estate Developments

Luther Senior Center

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Description

Luther Senior Center is a 72 unit LIHTC property located in Richmond, WA. The site was placed in service in 2016 after New Construction by the ownership team.

Project Details

Type

Multi-Family

Status

Completed

Address

625 Berkshire Place

City

Richmond

State

WA

Zipcode

99354

Construction

New Construction

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Financier(s):
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Number of units for rent

Number of units for sale

Number of affordable housing units

72

LEED Designation

Project Cost

Parking Spaces

Zoning

Hotel Rooms

Retail Space

Office Space

Square Footage

Lowest Housing Sales Price

Highest Housing Sales Price

Lowest Rent Price

Highest Rent Price

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Housing Rental Price Range:

Housing Sales Price Range:

# of Residential Units in Progress:

Hotels Rooms in Progress:

Office Space in Progress:

Retail Space in Progress:

Closest Metro Station:

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    Closest Grocery Store within 1 mile:

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          Project Financier(s):

          Type of Loan:

          35 Years

          Interest Rate:

          3.12

          Original Loan Amount:

          $3,392,000.00

          Loan Category:

          207/ 223(f) Pur/ Refin Hsg.

          Final Endorsement Date:

          07-26-2016

          First Payment Date:

          09-01-2016

          Maturity Date:

          08-01-2051

          Tax Exempt Bond:

          No

          Finance Year:

          2016