Seattle Senior Living Community Lands Financing

Pacific Advisors has received $114.7 million in development financing for 620 Terry, an upcoming luxury senior housing community in Seattle. HCP Inc. provided the loan for the 243-unit development, while HFF worked on behalf of the borrower. The property is located at 620 Terry Ave., in the First Hill neighborhood, east of downtown, providing easy access to Interstate 5. The Harborview Medical Center is one block away, while the Swedish Medical Center/First Hill and Virginia Mason Medical Center are within a five-block radius of the site.

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Source: Multi-Housing News