Gantry Arranges $40 Million Loan To Refinance 475-Unit Multifamily Communities In Portland
10555 Southeast Mather Road & 12070 Southwest Fischer Road
$40,000,000
$42,105/SF
Building Size
950 SF
Asset Type
MultiFamily
Closing
Jul 7, 2026
AI
The property asset involved in this transaction consists of two multifamily apartment communities, Squires Court and Riverwood Heights, featuring a total of 475 units. The properties are located at 10555 Southeast Mather Road and 12070 Southwest Fischer Road in the Clackamas and Tigard markets of Oregon. A loan amount of $40,000,000 was arranged to refinance the maturing debt associated with these assets.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $40,000,000
- Units: 475
- Address: 10555 Southeast Mather Road & 12070 Southwest Fischer Road
- Market: Clackamas & Tigard, OR
- Brokers: Blake Hering & Kristin Lapinskas - Gantry
The financing was facilitated by Gantry, which arranged two separate $20 million permanent loans on behalf of a private real estate investor group, illustrating their role in managing the refinancing process for the properties in suburban Portland.
Players
Clackamas 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
0.40%
Cash-on-Cash
-0.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93