Harbor Custom Development Secures $39M to Complete Lacey Complex

Puget Sound Business Journal   |   Shawna De La Rosa

Posted In — News & Press | In the News

Tacoma-based Harbor Custom Development Inc. (Nasdaq: HCDI) has secured a $39 million construction loan to complete a 177-unit garden-style apartment development in Lacey.

Buchanan Street Partners of Newport Beach, California, announced last week that it provided the non-recourse loan. The announcement comes as rising interest rates have dampened demand for lending.

For the full story, go to the Puget Sound Business Journal.

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