Updated Oct 28, 2024
Dwight Capital Provides $17.5M Loan For Multifamily Property In Portland
2821 Northeast Everett Street, Portland, Oregon 97232, United States
$17,500,000
Units
117
Asset Type
MultiFamily
Closing
Sep 11, 2022
About this deal
AI
The multifamily property located at 2821 NE Everett St in Portland, OR has been involved in a recent loan transaction. The loan was provided by Dwight Capital, with a loan amount of $17,500,000. The property consists of 117 units.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $17,500,000
- Address: 2821 NE Everett St, Portland, OR
- Market: Portland, OR
- Units: 117
Dwight Capital served as the lender in this transaction.
The multifamily loan at 2821 Northeast Everett Street, Portland, Oregon 97232, United States in Portland, Oregon financed for $17.5M in 2022. Reported inventory is 117 units across 117 units. This page is the Portland, Oregon file for the 2821 Northeast Everett Street, Portland, Oregon 97232, United States multifamily financed: pricing, party profiles, and other closed multifamily comps from the same Portland sit in the Market section below. Filter that Portland multifamily set by closing date to see what else financed near 2821 Northeast Everett Street, Portland, Oregon 97232, United States around 2022. Published consideration for 2821 Northeast Everett Street, Portland, Oregon 97232, United States is $17.5M, dated 2022. Cite this Dwight Capital Provides $17.5M Loan For Multifamily Property In Portland loan when underwriting similar multifamily product around Portland, Oregon.
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Portland 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
0.91%
Cash-on-Cash
-0.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93