Kasowitz Represents Basel Capital in $72.2 million Construction Loan for Luxury Townhomes

Kasowitz represented Basel Capital, a real estate investment and development firm based in Seattle, Washington, in the closing of a $72.2 million construction loan from Anchor Loans, for the development of 58 luxury townhomes - commonly known as Cambridge Manor - located in Bellevue, Washington.  The project comprises nine four-story townhome-style buildings with each townhome condominium unit offering three to five bedrooms ranging from 2,158 to 3,435 square feet.  
 
The Kasowitz team representing Basel Capital was led by real estate transactions partner Darwin Huang and includes associates Kathleen M. Maurer and Christina M. Sim.