Updated Aug 24, 2026
Srijin Bandyopadhyay Of SB Real Estate Partners Secures $42 Million Refinance For 270-Unit Community In Vancouver
9211 Northeast 15th Avenue
$42,000,000
Units
270
Asset Type
MultiFamily
Closing
Aug 20, 2026
About this deal
AI
Portola Bridge Creek is a multi-family asset located at 9211 Northeast 15th Avenue in Vancouver, WA, consisting of 270 units. The property has been recently refinanced with a loan amounting to $42 million.
Summary of transaction details:
- Property Type: Multi-Family
- Transaction Amount: $42,000,000
- Lender: Fannie Mae
- Landlord: Srijin Bandyopadhyay - SB Real Estate Partners
- Broker: JLL
- Loan Type: Refinance
- Loan Date: 08/20/2026
This refinance transaction was arranged by JLL Capital Markets, highlighting their role in facilitating the loan through Fannie Mae for the landlord, Srijin Bandyopadhyay, who is associated with SB Real Estate Partners.
On the Map
$42,000,000
MultiFamily
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.38%
Cash-on-Cash
-0.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93