Cushman & Wakefield, Greystone arrange and provide $33m in financing for new multifamily project in downtown Spokane, Wash.

Cushman & Wakefield and Greystone jointly announced the firms have arranged and provided $33 million in construction financing for the development of Kōz on West 4th Ave, a 210-unit, six-story multifamily apartment complex coming to downtown Spokane, Wash. A partnership comprising an affiliate of Kōz Development and Catalyst Opportunity Funds recently broke ground on the project in mid-August, with a projected lease-up date of fall 2026.

Cushman & Wakefield served as the exclusive advisor to the partnership in securing the construction financing for this new multifamily development. A Cushman & Wakefield equity, debt and structured finance team represented the borrower in the transaction.

Greystone originated the private label loan, which was provided by Greystone.

Located at 307 W. 4th Ave at the corner of S. Bernard St, Kōz on West 4th Ave is an 80,724-square-foot, class A apartment complex with 108 parking spaces. Additional features of the com