The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
July 8, 2020
 Search RENTV
   Go!
 Video Programs
 News
News Home Page
Southern California
Northern California
Pacific Northwest
Texas/Southwest
Retail
Multifamily
Financing
Prop. Management
Archives
Press Releases
 R. E. Marketplace
Service Providers
JobWorks
Property Spotlight
 RENTV  Conferences
Subscriber Login:
  
Email      
    Go!
Password      
Forgot Password?



ETC... ETC...
Printer-friendly Version   Email an Associate
PTLA Real Estate Group Buys Portland Mixed-Use Asset

1/02/20

PTLA Real Estate Group, out of Walnut Creek, purchased ArtHouse, a mixed-use property located at 33 NW Park Ave in Portland. The price was not disclosed.

Built in 2013, the property offers 3k sf of ground floor retail for up to four tenants and 50 apartment units with 130 beds for student housing. The LEED Silver-certified building offers residents a mix of studio, two-, and three-bedrooms as well as a TV lounge, controlled access, bike storage, a library and a rain garden.

Located in the North Park Blocks in the heart of the Pearl District, the ArtHouse is a 10-minute walk to the PNCA campus and Pioneer Place shopping center, and a 15- to 20-minute walk to Providence Park and the Moda Center. The immediate area is known for multiple galleries, historical architecture, tree-lined city blocks, breweries, upscale dining and shopping.

Nick Santangelo with CBRE arranged acquisition financing for the transaction through Alliant Credit Union in Chicago. The loan features permanent fixed-rate financing at approximately 60% LTV.





Return to the Archive page


 


 


 
 
 



Home | About Us | Newsletter | Contact Us | Executive Subscriber Membership | Executive Subscriber Home | Advertise
Southern California | Northern California | Pacific Northwest | Southwest | Retail | Multifamily | Financing | Property Management
Archives | Press Releases | Service Providers | JobWorks | Property Listings

Copyright © 2020 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media