David Bollag Of Meridian Capital Group Represents Loan For Portland Multifamily Project At $26.7M
FINANCED
$26,700,000
Oregon
See Similar DealsMultiFamily
Financed 04/15/2026
FINANCED
David Bollag Of Meridian Capital Group Represents Loan For Portland Multifamily Project At $26.7M
9330 Southeast Harold Street
See Similar DealsMultiFamily
Financed 04/15/2026
Summary
OREGON
Asset Type:MultiFamily
Transaction Type:Loan
The asset involved in this transaction is a MultiFamily property located at 9330 Southeast Harold Street in Portland, OR. The loan amount secured for this property is $26,700,000, categorized as a construction loan.
Summary of transation details:
- Property Type: MultiFamily
- Transaction Amount: $26,700,000
- Lender: Western Alliance Bank
- Broker: David Bollag - Meridian Capital Group
- Loan Type: Construction
Key individuals involved in this transaction include David Bollag, who represents Meridian Capital Group in the lending process, facilitating the construction financing through Western Alliance Bank.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$26,700,000.00
Monthly NOI$178,000.00
Monthly Debt Service$168,762.16
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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