facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Oregon

/

Multifamily

/

Loan

/

4025 Southeast Hawthorne Bo...

Ramsey Kassih Of CoreVest Provides $13,516,640 Refinance For Multifamily Properties In Portland, OR
FINANCEDMultiFamily

Ramsey Kassih Of CoreVest Provides $13,516,640 Refinance For Multifamily Properties In Portland, OR

4025 Southeast Hawthorne Boulevard, 1415 Southwest 11th Avenue, 612 East Burnside Street, 104 Northwest 20th Avenue, 1124 Southwest Columbia Street, 2146 Northwest Johnson Street & 924 Southwest 16th Avenue

$13,516,640

Building Size

Asset Type

MultiFamily

Closing

Jun 30, 2026

AI

The property assets involved in this transaction include multiple multifamily units totaling 106 in Portland, OR, situated at the addresses: 4025 Southeast Hawthorne Boulevard, 1415 Southwest 11th Avenue, 612 East Burnside Street, 104 Northwest 20th Avenue, 1124 Southwest Columbia Street, 2146 Northwest Johnson Street, and 924 Southwest 16th Avenue. The transaction involves a refinance loan amounting to $13,516,640.

Summary of transaction details:

This transaction showcases the expertise of the representatives involved, with Ramsey Kassih facilitating the loan through CoreVest, while the landlord's interests are represented by the team from JLL including Marc Schillinger, Keaton Yellin, and Thomas Gonzalez, demonstrating a collaborative effort in securing financing for the multifamily assets.

Players

Marc Schillinger

JLL

Broker

$2.2B

vol

51 deals

Broker
Keaton Yellin
Verified Badge

Keaton Yellin

JLL

Broker

$755.4M

vol

27 deals

Broker
Ramsey Kassih

Ramsey Kassih

CoreVest Finance

Lender

$13.5M

vol

1 deal

Lender

Portland MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.17%

Cash-on-Cash

-0.34%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93