Truist Bank Provides $42.4M Refinance Loan For Senior Housing Property On SE River Rd, Portland

The senior housing property located at 13505 SE River Rd in Portland, OR has recently undergone a refinancing transaction. The property spans over 21.5 acres and is part of the senior housing market.

Summary of transaction details

• Property Type: Senior Housing
• Transaction Amount: $42,400,000
• Address: 13505 SE River Rd, Portland, OR
• Market: Portland, OR
• Lender: Truist Bank
• Brokers: Ziegler

The financing for this deal was provided by Truist Bank. The loan amount for the refinancing is $42,400,000. The loan terms include a 12-year commitment on the financing and a five-year commitment on the taxable revolving line of credit.