Real Estate Developments

Springtre Apartments

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Description

Springtre Apartments is a 72 unit LIHTC property located in Portland, OR. The site was placed in service in 2001 after New Construction by the ownership team.

Project Details

Type

Multi-Family

Status

Completed

Address

626-650 Se 162nd Avenue

City

Portland

State

OR

Zipcode

07233

Construction

New Construction

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Number of units for rent

Number of units for sale

Number of affordable housing units

72

LEED Designation

Project Cost

Parking Spaces

Zoning

Hotel Rooms

Retail Space

Office Space

Square Footage

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Highest Housing Sales Price

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Highest Rent Price

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Housing Sales Price Range:

# of Residential Units in Progress:

Hotels Rooms in Progress:

Office Space in Progress:

Retail Space in Progress:

Closest Metro Station:

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          Project Financier(s):

          Type of Loan:

          30 Years

          Interest Rate:

          6.95

          Original Loan Amount:

          $3,417,088.00

          Loan Category:

          542(c) HFA Risk Sharing-Recent Comp

          Final Endorsement Date:

          04-27-2001

          First Payment Date:

          06-01-2001

          Maturity Date:

          05-01-2031

          Tax Exempt Bond:

          Yes

          Finance Year:

          2001