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7401 Northeast 18th Street

Updated Aug 28, 2026

Vista Investment Group And Majestic Secure $40.27M Loan From Freddie Mac And EverBank For Multifamily Acquisition
FINANCEDMultiFamily

Vista Investment Group And Majestic Secure $40.27M Loan From Freddie Mac And EverBank For Multifamily Acquisition

7401 Northeast 18th Street

$40,266,000

Units

199

Asset Type

MultiFamily

Closing

Aug 21, 2026

About this deal

AI

The transaction involved a multifamily asset comprising four properties with a total of 199 units located in the Vancouver, WA and Gresham, OR markets. The addresses include 1833 SE 6th Street, Gresham, OR 97080; 2812 Falk Road, Vancouver, WA 98661; 6008 NE 64th Street, Vancouver, WA 98661; and 7401 NE 18th Street, Vancouver, WA 98661. The acquisition was financed with a loan amounting to $40,266,000 arranged by JLL.

Summary of transaction details:

JLL facilitated the financing for this acquisition, which necessitated simultaneous closing with multiple lenders to complete the transaction effectively. Key individuals involved included brokers Keaton Yellin, Marc Schillinger, and Charlie Watson, representing the interests of the parties involved in this complex deal.

On the Map

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$40,266,000

MultiFamily

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Players

Marc Schillinger

JLL

Broker

$2.3B

vol

55 deals

Broker
Keaton Yellin
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Keaton Yellin

JLL

Broker

$833.1M

vol

32 deals

Broker
MM
Majestic Asset ManagementBuyer

Vancouver MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Loan transactions

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Deal FAQ

About $202.3K per unit across 199 units on a published $40.3M (2026).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.39%

Cash-on-Cash

-0.11%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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