Result

In today's lending landscape, securing financing has become increasingly difficult with many loan programs drying up and interest rates fluctuating daily. The buyer’s initial lender was unable to provide financing in this challenging environment, however, leveraging our extensive network, we swiftly connected the Buyer with a reputable and prolific loan broker who quickly navigated the complexities of the situation. Yet, just as the transaction seemed back on track, another obstacle emerged: a significant surge in insurance costs mere weeks before the scheduled closing. Drawing on our wealth of experience and industry connections, the Lee Multifamily team offered creative solutions to ensure the buyer could secure affordable insurance through existing property management channels. Despite multiple hurdles that could have derailed the deal, our team's expertise and strong ties within the Seattle market ecosystem enabled us to navigate the challenges and successfully close the transaction.