Deal: Gresham Village Retail
Location: Portland, OR
Collateral: A one story, 42,234 SF retail complex developed in 1977 with 15 tenants on a 166,399 SF of land.
Amount: $6,600,000
Type: Perm-Fixed
Purpose: JS Coats secured financing for the acquisition of a strip center, Gresham Village, located in Portland, OR. Certainty of execution was crucial with this transaction (as with any transaction) and our strong relationship with the lender provided us the ability to meet critical deadlines and close on time.