PCCP Provides $75.5M Refinance Loan For Multifamily Property In Portland

The multifamily property located at 7900 SE Luther Road in Portland, OR has undergone a loan refinance transaction. The property consists of 286 units and is owned by NBP Capital. The lender, PCCP, provided a loan amount of $75,500,000 for the refinance.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $75,500,000
• Units: 286
• Address: 7900 SE Luther Road, Portland, OR
• Market: Portland, OR

NBP Capital, the landlord of the property, sought the loan refinance from PCCP. This transaction allows NBP Capital to secure funds while retaining ownership of the multifamily property in Portland.