PCCP Provides $67.5M Construction Loan For Multifamily Property In Portland

801 Northeast 21st Avenue

MultiFamily

Financed 1 year ago

Summary

Loan

OREGON

MultiFamily

The property involved in the transaction is a multifamily asset located at 801 NE 21st Ave in Portland, OR. The property consists of 271 units.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $67,500,000
Loan Type: Construction loan
Lender: PCCP
Landlord: NBP Capital

The construction loan of $67,500,000 was provided by PCCP. NBP Capital acts as the landlord in this transaction.

Players

All
1

Lenders
1

Pacific Coast Capital Partners (PCCP)

Details

Deal Summary

FINANCED

IMAGE: 10/06/2022 ADDRESS: 801 NE 21st Ave MARKET: Portland, OR ASSET TYPE: Multifamily ~ UNITS: 271 LENDER: PCCP LANDLORD: NBP Capital LOAN AMOUNT: $67,500,000 LOAN TYPE: Construction loan

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Address801 Northeast 21st Avenue

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