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February 09, 2018  

Apollo Finances Project Near Seattle

Apollo Commercial Real Estate Finance has agreed to provide $265 million of construction debt for an office project in a suburb of Seattle.The floating-rate loan will finance the development of a 717,000-square-foot complex in Renton, Wash. The debt, with a three-year term and a single one-year extension option, closed two weeks ago. Cushman & Wakefield arranged it for the local borrower, SECO Development.The Southport office campus is under...

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