Ethos Commercial Advisors Secures Financing for Vancouver Multifamily Development
Ethos Commercial Advisors has successfully arranged construction financing for Ellison Ridge, a 222-unit multifamily development in Vancouver, Washington. Spanning 200,000 square feet, the project is situated near downtown Vancouver, a region currently experiencing strong year-over-year rent growth and robust inbound migration.
The development plan includes nine two- and three-story residential buildings, as well as a single-story clubhouse. Residents will enjoy a comprehensive amenity package featuring a fitness room, sauna, outdoor pool and hot tub, pickleball and bocce courts, and a playground. Construction for the project began in December 2025 and is expected to span 22 months.
Daniel Natsch and Matthew Illias of Ethos Commercial Advisors originated a 42-month construction loan with two optional one-year extensions from a national bank. The financing process saw competitive interest from multiple national banks and debt funds. The sponsor also joined forces with a national equity group through a joint venture partnership.
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