The Lark Apartments

Loan Amount

$15,650,000

Lender

Debt Fund

Loan Type

Structured Bridge

The Lark Apartments is a 96-unit garden-style apartment complex located in Happy Valley, OR. The acquisition loan was structured as non-recourse with 80%+ LTV funded at close. The borrower plans to renovate the units upon turnover and bring the rents up to market.