August 10, 2017 Comments Off on Parkview Arranges $40M Loan for PDX MF Dev Views: 961 National News, Oregon, West

Parkview Arranges $40M Loan for PDX MF Dev

Early Bird Alert: Connect Apartments is planned for September 28th in Los Angeles. Here’s where to get more information and register.

Harbor Sky LLC obtained $39.5 million in construction financing for the development of a 266-unit apartment project in Portland, OR. The 18-month loan was secured by a first trust deed and arranged by Los Angeles-based Parkview Financial.

The six-story Harbor Sky Apartments includes 217,683 square feet of rentable living area, as well as ground floor podium parking. The property will be configured in open layout one-bedroom/one-bath alcoves to two-bedroom/two-bath penthouses. The contemporary-designed development includes a fitness center, pool and spa, and well-appointed common areas.

The project is located in North Portland’s St. Johns neighborhood along Interstate 5, between Portland and Vancouver, WA. The site affords residents with views of the Columbia River, and the many boats anchored and traversing along it.

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