McBride Capital has secured $17,331,800 in financing for Parc Central, a 151-unit multifamily property located in Vancouver, WA. The cash out refinance was facilitated by a HUD 223(f) loan, which features a fully amortizing 35-year term and a debt service coverage ratio of 1.176x. The property was built in 1972 and underwent an extensive renovation that was completed in 2017, allowing it to qualify Green Energy Certification and a reduced MIP of 0.25%. The deal team was led by CEO, Ken McBride and Director, Sabrina Snow.