Brad Gries Of LaSalle Investment Management Secures $163 Million Refinance Loan For Multifamily Asset
1315 W Street Northwest, 1299 Northeast Orenco Station Parkway & 410 South Maple Avenue
$163,000,000
Building Size
—
Asset Type
MultiFamily
Closing
Jun 30, 2026
AI
The transaction involves a multifamily asset located at 1315 W Street Northwest, 1299 Northeast Orenco Station Parkway, and 410 South Maple Avenue, covering markets in Washington, DC, Hillsboro, OR, and Falls Church, VA. The property consists of 231 units and is associated with a refinancing loan amount of $163,000,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $163,000,000
- Lender: Peter Akwaboah - Fannie Mae
- Landlord: Brad Gries - LaSalle Investment Management
- Landlord's Representative: Jordan Roeschlaub, Christopher Kramer, Aaron Golesorkhi, Capri Van Gilder & Samuel Speciale - Newmark
- Loan Type: Refinance
This transaction features key individuals representing significant roles, including lender Peter Akwaboah from Fannie Mae, alongside landlord Brad Gries of LaSalle Investment Management. The landlord's interests were represented by a team from Newmark, comprising Jordan Roeschlaub, Christopher Kramer, Aaron Golesorkhi, Capri Van Gilder, and Samuel Speciale.
Players
Washington MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.10%
Cash-on-Cash
-0.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93