Updated Aug 28, 2026
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:
- Property Type: Multifamily
- Transaction Amount: $40,266,000
- Market: Vancouver, WA & Gresham, OR
- Lender: Assumption - Freddie Mac & EverBank
- Borrower: Vista Investment Group & Majestic
- Brokers: Keaton Yellin, Marc Schillinger & Charlie Watson - JLL
- Loan Type: Acquisition
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.
Players
Vancouver MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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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