Hawthorne & Hood River Retail Portfolio

Loan Amount

$2,700,000

Lender

Credit Union

Loan Type

Permanent Financing

The Hawthorne (Portland) property totals 11,407 SF and contains 6 retail tenant spaces. The Hood River property totals 24,507 SF and contains 14 retail tenant spaces. The loan was customized to meet the borrower’s goals which included no prepayment penalty after Year 3 on a 7-yr fixed rate loan. Further, the borrower has the ability to prepay 20% of the balance at par annually.