Sansano Capital has plans to develop The Casey, a 125-unit, four-story luxury multifamily property in Camas, Wash.
The project is a few minutes’ drive east of the rapidly developing 192nd Avenue Corridor, which is home to a variety of restaurants, retail and services. Construction is under way by general contractor Tapani Inc. and will be completed in April 2023.
Walker & Dunlop’s capital markets team facilitated the transaction between the developer, Sansano Capital, and the lender, an affiliate of Sculptor Real Estate based in New York City. Walker & Dunlop arranged a $31.38 million construction loan for The Casey.
The Casey is located on a 10-acre site surrounded by forests and a wetland preserve. Modern floorplans include one- and two-bedroom units ranging from 588 to 1,270 square feet. Units will feature 9-foot ceilings, floor-to-ceiling windows, roll-up blinds, open living areas, stainless-steel appliances, and solid quartz countertops, and bal
