Northmarq arranges $4.238 million in acquisition financing for garden-style apartments in Beaverton, OR

Beaverton Townhouse
Debt & Equity
Multifamily
Debt
Freddie Mac
34-unit multifamily property in OR

LOS ANGELES (May 28, 2024) — Zalmi Klyne, senior vice president and managing director of Northmarq’s Los Angeles office, secured the $4.238 million acquisition loan for a 34-unit multifamily property in Beaverton, Oregon. Beaverton Townhouse was built in 1964 and is located at 13520 SW Electric Street.

Northmarq arranged financing on behalf of the borrower through a correspondent relationship with a Freddie Mac SBL. The permanent fixed rate loan was structured on a 5-year term with a 360 amortization schedule.

Situated in the Portland MSA, Beaverton Townhomes offers two-bedroom, one-bath apartment homes in a walkable area (85 Walk Score). Residents enjoy close proximity to dining, shopping and public transit and a short commute to Downtown Portland.  

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Northmarq is one of the largest privately held commercial real estate firms in the United States, combining a nationwide presence with deep local expertise. With more than 50 offices across the country, we provide a full suite of debt, equity, investment sales, loan servicing and fund management solutions for a comprehensive range of property types. Our unique structure allows us to connect clients with the best opportunities, yet be nimble enough to ensure access to every expert across our company. The firm manages a loan servicing portfolio of over $78 billion and has completed $69.5 billion in transactions over the past three years. At Northmarq, collaboration fuels results, helping clients achieve success in every market, nationwide. For more information, visit www.northmarq.com.
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