PORTLAND, OR—Capital services firm Cohen Financial says that it has secured a $60.8 million bridge loan for Block 300. The class A office property is located in downtown Portland at 333 South West 1st Ave.
Dan Rosenberg, managing director of Cohen Financial in the Chicago office, arranged the bridge loan with GE Capital Real Estate.
“The bridge financing allows us to recapitalize the property and puts us in a strong position to execute improvements and to retenant the property,” said Robert Saunders, CFO of Kaufman Jacobs.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
