PCCP Provides $51M Senior Loan For Multifamily Property In Milwaukie, OR
FINANCED
$51,000,000
Oregon
See Similar DealsMultiFamily
Financed 06/24/2022
FINANCED
PCCP Provides $51M Senior Loan For Multifamily Property In Milwaukie, OR
10306 Southeast Main Street, Milwaukie, Oregon 97222, United States
See Similar DealsMultiFamily
Financed 06/24/2022
Summary
OREGON
Asset Type:MultiFamily
Transaction Type:Loan
An multifamily property located at 10306 SE Main St in Milwaukie, OR has been involved in a closed loan transaction.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $51,000,000
- Units: 178
- Lender: PCCP, LLC - Matthew Cochran
- Landlord: Pahlisch Commercial
- Loan Type: Senior loan
The loan amount for this transaction was $51,000,000, and it was a senior loan provided by PCCP, LLC with Matthew Cochran representing the lender.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$51,000,000.00
Monthly NOI$340,000.00
Monthly Debt Service$322,354.69
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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