Ethos Commercial Advisors has successfully obtained financing for a recently renovated multifamily property in southeast Portland, Oregon. The property, known as Division Apartments, consists of three separate buildings that have been combined into one managed entity.
Through the efforts of Daniel Natsch and Matthew Illias from Ethos Commercial Advisors, an $8.5 million CMBS loan was secured with a five-year term at 70% LTV on behalf of Lombard Equities. This exclusive representation by Ethos resulted in the successful transaction.
Conveniently located at 6400 SE Division St., this property offers easy access to downtown via US-26 E and is surrounded by various recreational and retail options for residents to enjoy.
This recent refinancing marks another success for Ethos Commercial Advisors in their mission to provide top-notch commercial real estate services.
