Rush Capital recently helped arrange construction financing for Novo Roosevelt, a five story micro-apartment project with 128 units and 1,700 square feet of ground level retail in Seattle. The project also includes 24 underground parking stalls.
The project is developed by Chad Duncan of CWD Investments LLC and developed and contracted by Meridian Builders. Completion is anticipated for Summer 2017.
The funding subsidiary for The Rush Companies has closed $100 million in financing over the last nine months. Rush Capital places debt and equity for affiliated real estate partnerships and third party clients.
Shared by the Business Examiner.