JLL has successfully facilitated the sale and financing of The Louisa, a 242-unit multifamily high-rise located in Portland, Oregon. Working on behalf of the seller, JLL was able to secure Guardian Real Estate Services as the buyer with their capital partner. Additionally, JLL arranged a five-year fixed-rate loan for the buyer.
Conveniently situated at 123 NW 12th Avenue in Portland’s Pearl District, The Louisa is just blocks away from popular areas such as Central Business District, Slabtown and Northwest District.
The Senior Managing Director Ira Virden along with Managing Director Carrie Kahn and Director Frank Solorzano led JLL Capital Market’s Investment and Sales Advisory team while Senior Managing Director Casey Davidson and Director Charlie Watson spearheaded the Debt Advisory team.
Constructed in 2005, The Louisa not only offers luxurious townhomes but also features ground-floor retail space spanning over an area of 29