Seattle's HomeStreet bank starts to finance condo projects again

As Featured in the Puget Sound Business Journal

Written by Marc Stiles

Image Courtesy of PSBJ

Dean Jones comments on the decision of HomeStreet bank to finance condo projects, telling Stiles, “Residential developers are building thousands of new units, but except for a handful of small condo projects and one big one, the only type of housing they’re building in Seattle is apartments. The reason is that lenders are loath to finance condo projects."