Dougherty Funding LLC has arranged financing of a $14.7 million loan to finance the construction of Smokey Point Behavioral Hospital, a to be developed 115-bed 70,267 square foot psychiatric care facility located on an approximately 4.0 acre parcel of land in Marysville, Washington. The Project will provide a range of services for both minors and adults. The financing was arranged for Vest Seattle Realty LLC and Dougherty Funding serves as lead lender and servicer for the loan.
