Interim financing for Great Scott Trio in Portland, Oregon is arranged by McBride Capital
Great Scott Trio is currently a 10,000 square foot retail project located in the inner east side of Portland, OR. The short term debt facility placed by McBride Capital allowed the timeline necessary to get Opportunity Zone Funds in place. The long term plan for this property is adaptive re-use of the current space as well as the addition of office and multifamily on the site.
The site is home of Mikkeller Brewing, a San Diego based brewer.
The loan funded within 6 business days of the signed application. This tight turn was made possible by a lender that is able to move very quickly and has past experience with the developer who has an amazing track record developing projects on the east side of Portland.
The deal team was led by Danny Natsch with support from Ian Schneidmiller.
