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McBride Capital has arranged financing for the acquisition of Brentwood Estates in Springfield, OR

June 13, 2017

 

Location:  Springfield, OR

Property Type:  Multifamily (295 units)

Loan Program:  HUD 223(f)

Loan Amount:  $34,510,000

 

McBride Capital is pleased to announce the closing of acquisition financing for Brentwood Estates in Springfield, OR. Financing for this 295-unit multifamily property was secured via the HUD 223(f) program.

 

This is the second loan that McBride Capital has closed with the borrower. McBride Capital also worked with the borrower to secure acquisition financing for Tower Apartments in Hermiston, OR in February of 2016 utilizing the HUD 223(f) program.

 

This also marks the second HUD 223(f) loan that McBride Capital has secured for Brentwood Estates. McBride Capital arranged the refinancing for the previous owners in 2014.

 

Please email info@mcbridecapital.com or call 503-624-5800 for information regarding financing for multifamily properties.

 

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