Parkway Village At Sherwood Secures $13.65M Refinance Loan For Retail Center In Oregon
21174 Southwest Langer Farms Parkway & 21430 Southwest Langer Farms Parkway
$13,650,000
$298/SF
Building Size
45,700 SF
Asset Type
Retail
Closing
Aug 21, 2026
About this deal
AI
The property asset involved in the transaction is a retail center located at 21174-21430 Southwest Langer Farms Parkway in Sherwood, OR. The asset spans a total of 45,700 square feet and is anchored by Walmart. A refinance loan was secured for the amount of $13,650,000.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $13,650,000
- Loan Type: Refinance
- Loan Terms: seven-year, fixed rate, non-recourse loan
- Market: Sherwood, OR
- Brokers: Blake Hering & Kristin Lapinskas - Gantry
This financing transaction was facilitated by brokers Blake Hering and Kristin Lapinskas, who represent Gantry in the deal. Parkway Village at Sherwood was the property that secured the refinance loan, contributing to the financial structuring of the retail space.
Players
Brown City Retail Market Snapshot
Boundary boundary · Retail · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.16%
Cash-on-Cash
-0.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93