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CBRE Arranges $58M Refinance Loan On Lake Oswego And Wilsonville Senior Housing

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FINANCED
$58,000,000

Oregon

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Senior Housing
Financed 05/30/2023
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Property Image
FINANCED

CBRE Arranges $58M Refinance Loan On Lake Oswego And Wilsonville Senior Housing

3800 Carman Drive Lake Oswego, Oregon 97035, USA

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Senior Housing
Financed 05/30/2023
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Summary

OREGON
Asset Type:Senior Housing
Transaction Type:Loan

The senior housing property located at 3800 Carman Drive in Lake Oswego, OR and 7600 SW Vlahos Dr in Wilsonville, OR has undergone a loan refinance transaction. The property is valued at $58,000,000, and the loan amount for the refinance is also $58,000,000.

Summary of transaction details:

  • Property Type: Senior Housing
  • Transaction Amount: $58,000,000
  • Address: 3800 Carman Drive & 7600 SW Vlahos Dr
  • Market: Lake Oswego & Wilsonville, OR

The loan refinance was facilitated by Aron Will, Tim Root, and Michael Cregan - CBRE, who represented the parties involved in the transaction.

Players

Aron Will
15 deals$398.7M volume
BROKER

Tim Root
CBRE
4 deals$127.5M volume
BROKER

Michael Cregan
CBRE
7 deals$195.9M volume(713) 577-1600
BROKER

Details

FINANCED
IMAGE: Aron Will, Tim Root & Michael Cregan DATE: 05/30/2023 ADDRESS: 3800 Carman Drive & 7600 SW Vlahos Dr MARKET: Lake Oswego & Wilsonville, OR ASSET TYPE: Senior Housing BROKERS: Aron Will, Tim Root & Michael Cregan - CBRE LOAN AMOUNT: $58,000,000 LOAN TYPE: Refinance

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$58,000,000.00

Monthly NOI$386,666.67
Monthly Debt Service$366,599.45
Change in Cash Flow$0.00
Refinance Proceeds$0.00