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JPMorgan Backs Construction of Residential Project in Seattle Tech Hub

Investment Bank Provides Nearly $92 Million To Build Bellevue Project
JPMorgan Chase underwrote a $91.9 million construction loan for a multifamily development in Bellevue, Washington, one of Seattle’s booming eastern suburbs. (Legacy Partners)
JPMorgan Chase underwrote a $91.9 million construction loan for a multifamily development in Bellevue, Washington, one of Seattle’s booming eastern suburbs. (Legacy Partners)
CoStar News
August 4, 2022 | 10:28 P.M.

JPMorgan Chase has provided $91.9 million in construction financing for a residential development in Seattle’s eastern tech hub Bellevue, a gesture of confidence in the area despite a pause from one major tech tenant there.

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