McBride Capital Arranges Acquisition Financing for Woodland Village in Beaverton, OR
Location: Beaverton, OR
Property Type: Multifamily (26 Units)
Loan Program: Freddie Mac SBL
Loan Amount: $2,400,000
- FUNDED -
Acquisition financing for Woodland Village Apartments in Beaverton, OR has been arranged by McBride Capital via the Freddie Mac SBL program.
McBride Capital worked with the buyer and lender to remap the floodplain that covered a portion of the subject property, ultimately removing multiple buildings from the flood zone. McBride Capital then facilitated a 3-day turnaround with surveyors/insurance to get new elevation certs and insurance premiums in place for an on-time closing.
The Freddie Mac Small Balance Program provides high leverage, long term, non-recourse debt at low interest rates.
The loan was originated by Danny Natsch.