Vibrant Cities Secures $42M Construction Loan For Multifamily Development On N. Williams Ave | 3185 North Williams Avenue | Builders Capital | Cameron Huard | MultiFamily | Loan

Summary

Loan

OREGON

MultiFamily

66,378 sqft

Located at 3185 N. Williams Ave. in Portland, Oregon, this multifamily property spans over 66,378 square feet and consists of 215 units. The property, owned by Vibrant Cities, is part of a closed transaction.

Summary of transaction details:

Property Type: Multifamily
Transaction Amount: $42,000,000
Loan Type: Construction
Loan Terms: Non-recourse, 85 LTC

Builders Capital served as the lender in this transaction. Cameron Huard from WelcomeLend represented the landlord, Vibrant Cities, in the deal.

Players

All
3

Agents
1
Agencies
1
Lenders
1

Cameron Huard

Managing Partner

Curated Real Estate Capital

Builders Capital

Details

Deal Summary

FINANCED

IMAGE: Cameron Huard DATE: 09/24/2021 ADDRESS: 3185 N. Williams Ave. MARKET: Portland, OR ASSET TYPE: Multifamily ~ SF: 66,378 ~ UNITS: 215 LENDER: Builders Capital LANDLORD: Vibrant Cities BROKER: Cameron Huard (@CamHuard) - WelcomeLend LOAN AMOUNT: $42,000,000 LOAN TYPE: Construction LOAN TERMS: Non-recourse, 85 LTC

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Address3185 North Williams Avenue

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