First citizens bank serves as lead arranger on $65.7 million in financing for development of apartments in washington state

New york , feb. 2, 2023 /prnewswire/ -- first citizens bank today announced that its real estate finance group, part of the cit division, served as lead arranger on $65.7 million in financing to mainstreet property group for the development of the spark apartments, a 211-unit, class a multifamily project in redmond, washington. the spark apartments will consist of two buildings, divided by a public "urban forest" and connected by a multicolor sky bridge.
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