The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
March 21, 2018
 Search RENTV
 Video Programs
News Home Page
Southern California
Northern California
Pacific Northwest
Prop. Management
Press Releases
 R. E. Marketplace
Service Providers
Property Spotlight
 RENTV  Conferences
Subscriber Login:
Forgot Password?

Printer-friendly Version   Email an Associate
Construction of Portland Res Development Financed with $63.5 Mil Loan


Construction of a seven-story, 162-unit condominium project located off NE Multnomah in Portland, OR has gotten underway thanks to $63.5 mil in financing provided by Canyon Partners Real Estate LLC®. The new project is being built by PHK Development Inc.

The development, centrally located at the convergence of the Lloyd District and Sullivan’s Gulch, will offer residents views of downtown Portland and the Cascade mountain range. When complete, the architecturally-distinctive project will comprise a mix of one-bedroom, two-bedroom, and penthouse units.

The apartments will feature up to 11’ ceilings, high-end finishes, and an assortment of amenities, including 24-hour concierge service, fitness center, guest suite, bicycle lounge, pet wash, club lounge and outdoor amenity deck. Unit finishes will be top of the line and feature high end appliances, solid surface quartz countertops, in-unit washer/dryers, and central air conditioning. Additionally, about a third of the units will have outdoor patios or balconies.

This is Canyon’s first condominium investment in the Portland metro area. The loan was arranged by Tom Wilson and Bryan Clark with HFF.

This will be one of the first new construction condominium offerings to be built in Portland this cycle. The project is currently under construction and scheduled to deliver in late 2019.

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 © 2018 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media