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PRESS RELEASE: HFF Secures $21.4 Million Construction/Permanent Loan for Anticipated LEED Platinum Multi-Housing Community in North Portland

2013-08-27 17:52:00| National Real Estate Investor

Kristen Murphy HFF announced today that it has secured $21.4 million in construction/permanent financing for Cathedral Apartments, a to-be-built, 165-unit multi-housing development in North Portland, Oregon. HFF worked on behalf of the borrower, St. Johns Ivanhoe LLC, in arranging the 42-year, 4.76 percent, fixed-rate loan through Greystone, the leading FHA multifamily lender in the country. read more

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