Updated Jun 8, 2026
David Bollag Of Meridian Capital Group Represents Loan For Portland Multifamily Project At $26.7M
9330 Southeast Harold Street
$26,700,000
Building Size
—
Asset Type
MultiFamily
Closing
Apr 14, 2026
About this deal
AI
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.
On the Map
$26,700,000
MultiFamily
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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
0.59%
Cash-on-Cash
-0.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93