BOK Financial Provides $4.6M Bridge Loan For Assisted Living And Memory Care Facility In Portland, OR

An assisted living and memory care facility located at 819 NE 122nd Ave in Portland, OR has been involved in a recent transaction. The property was acquired by Sapphire Health Services with the assistance of a $4,600,000 bridge loan provided by BOK Financial.

Summary of transaction details:

• Property Type: Assisted Living and Memory Care facility
• Transaction Amount: $4,600,000
• Date: 12/29/2021
• Address: 819 NE 122nd Ave, Portland, OR
• Market: Portland, OR
• Lender: BOK Financial
• Landlord: Sapphire Health Services
• Broker: Eli Osdoba - Harborview Capital Partners
• Loan Type: Acquisition
• Loan Terms: Bridge Loan

Eli Osdoba, representing Harborview Capital Partners, played a key role as the broker in the transaction. The bridge loan from BOK Financial enabled Sapphire Health Services to acquire the assisted living and memory care facility at 819 NE 122nd Ave in Portland, OR.