US·Financing·Multifamily
Mesa West provides $202M acquisition loan for West Coast multifamily portfolio
Value
$202M
Location
Seattle, King County, Washington
Date
2026-01-22
Companies
Mesa West Capital, Interstate Equities Corporation, PGIM
Mesa West Capital provided $201.5 million of acquisition debt to a joint venture between Interstate Equities Corporation and PGIM. The loan finances the acquisition of four multifamily assets in the Seattle metro and the San Francisco metro, including properties cited in Downtown Seattle and Silicon Valley submarkets such as Mountain View, Redwood City and Sunnyvale. The sponsors indicated plans for capital improvement programs.
acquisition-financingmultifamilyseattlesan-francisco
Source
Commercial Observer