West · Washington · Multifamily · First lien
Multifamily hard money loans in Seattle, WA.
First-position multifamily loans in Seattle, Washington (WA) — typically $1M–$5M, larger considered — for acquisitions, maturities, bridge and value-add plans. Reviewed and decided directly by the principals.
Stokley Intelligence · Updated September 2026
Multifamily Market Outlook 2026
A structured view of the developments shaping multifamily—and the situations those developments may create for owners, lenders and investors.
Seattle market context
The Seattle economy behind the collateral.
Seattle anchors a global technology and aerospace economy, supported by major seaport and airport infrastructure connecting to Pacific trade routes.
Common financing needs include multifamily development tied to tech employment growth and industrial space near port terminals.
Economic anchors
- Amazon headquarters
- Boeing manufacturing operations
- Port of Seattle
- University of Washington
Multifamily underwriting
What we look at first.
- Trailing rent roll, collections and concessions
- Unit condition and the real cost of turns and deferred capex
- Expense load — insurance, taxes, payroll and utilities
- Submarket rents and competing new supply
- Sponsor's operating track record and management plan
Situations
Multifamily loans we see in Seattle.
- Floating-rate bridge loans maturing before the property is ready for agency debt
- Acquisitions of underperforming communities with a renovation plan
- Lease-up after a renovation or new delivery
- Partnership disputes that require a buyout
Selling a multifamily property in Washington? Stokley also buys real estate as a principal. Submit it for acquisition.
Hard money lending guidelines
Asset-based financing. We focus on the property's value and the owner's equity, not a credit score. Low credit does not rule out a request. Every deal is subject to underwriting.
- Annual rate
- From 11.5%
- Origination
- From 2% of the loan amount
- Term
- 6 to 12 months
- Payments
- Interest only
- Loan-to-value
- Up to 70%
- Lien position
- First position only
Third party closing costs are separate.
Every term sheet is different. Every deal goes through underwriting and has specific terms. These are guidelines, not a commitment to lend.
Request loan terms
Seattle, WA multifamily loan request.
Questions
Seattle, WA multifamily loans, answered.
- Does Stokley Capital make multifamily loans in Seattle, WA?
- Yes. We make first-position multifamily hard money and bridge loans in Seattle, Washington (WA), typically $1M–$5M, with larger loans considered.
- What drives the Seattle market?
- Seattle anchors a global technology and aerospace economy, supported by major seaport and airport infrastructure connecting to Pacific trade routes.
- What should a Seattle multifamily loan request include?
- Property address, loan amount and purpose, current income and occupancy, existing debt, the business plan and the deadline. Rent rolls and operating statements help but are not needed for a first read.
- Are you a broker?
- No. Stokley Capital is a private real estate owner-operator that provides business-purpose loans. Decisions are made by the principals.
Nothing on this website is an offer to lend or a commitment of capital. All loans are subject to underwriting, due diligence, documentation and approval. Published lending guidelines are for general guidance only. Every deal goes through underwriting and has specific terms.
Next step
Financing multifamily in Seattle?
Send the property, amount and deadline. A principal will respond directly.