NBS Financial Secures $3.7M for Edmonds Apartments

Fairway Apartments - Edmonds, Washington

• $3,700,000 loan
• 38-unit apartment community
• Unique loan feature: No prepayment penalty
• 70% loan-to-value - 1.20 debt service coverage ratio
• Financed by Erich Guenther of NBS Financial's Seattle office