RUSH CAPITAL

Financing, Asset Management and Investment Experts

Building an Exceptional Future, Together.

MEET OUR TEAM | THE RUSH Companies

From sourcing construction financing, to asset management, Rush Capital oversees real estate investments to maximize returns.

Rush Capital is able to secure the most competitive capital whether it be for construction debt and project equity for ground up development to acq/rehab, permanent financing, or bridge loans. Rush Capital is a mortgage banking platform positioned like few others given its also a borrower of many lenders and can leverage the client relationship to get more attractive terms for its clients.

Rush Capital also oversees the real estate investment portfolio for the Rush Companies and sources debt/equity, and provides third party asset management services for other owners/investors/developers.

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Development Projects Capitalized

Recent Closings

Bogtown Flats

3.98% 10-Year Fixed-Rate Loan

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Rush Capital recently closed permanent financing on Bogtown Flats in Seattle, WA. The 85 unit apartment project in the Greenwood neighborhood was recently named Multifamily Project of the Year, under 100 units at the NAIOP Night of the Stars. Blake Carbonatto negotiated a 10 year fixed rate loan with 8 years of interest only from FNMA at 3.98%.

The refinance allowed the developer, a partnership between Rush Development and Pastakia & Associates, to return capital and improve cash flow to generate far better than expected cash on cash returns.

Highland Flats

3.63% 10-Year Fixed-Rate Loan

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Rush Capital closed permanent financing on Highland Flats, affordable housing apartment building in Tacoma. The borrower recently stabilized the project after purchasing and completely renovating the property. As part of the project, the owner also signed a contract with Tacoma Housing Authority to provide affordable housing.

In financing the project, Blake Carbonatto of Rush Capital helped structure the first loan for a local portfolio lender to start their affordable housing lending platform. Blake negotiated the 10-year fixed rate-loan at 3.63% and helped the borrower pull out the majority of their equity.

5801 Soundview Building

3.75% 10-Year Non-Recourse Loan

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After executing a targeted leasing effort and bringing this class A building from 60% occupied to 97% occupied, Rush Capital closed on the refinance of the 5801 Soundview Building (designed, built and managed by The Rush Companies) with a local credit union, securing a 10 year non-recourse loan at 3.75% with minimal prepay.  We were able to significantly increase cash on cash returns for the owner through increasing net operating income and reducing interest expense.

Gig Harbor Professional Center

3.75% 10-Year Non-Recourse Loan

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Rush Capital closed on the refinance of Gig Harbor Professional Center with a local credit union, securing a 10 year non-recourse loan at 3.75% with minimal prepay. 

What Rush Capital Clients Say ...

Thank you for the great job of keeping us all informed about the status of the project.  Seems like Rush hit a home run on this project!

Investor

Thanks for the instantaneous response!!  Please take the rest of your Sunday off and return any future weekend emails from me during the week.  Seriously, thanks for working hard to build a great company and profitable investment.

Investor

We were driving through the neighborhood and had the chance to stop by for a tour. We are pleased to say that the apartments look great! They are apartments that we would consider living in, if we were in the market.

Investor

Preferred Lending Partners:

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