41
ALOHA AND REDMOND, ORE. — Cohen Financial has secured loans totaling $10.33 million for two multifamily properties in Oregon. The properties are Masters Apartments, a 144-unit property located at 4505 SW Masters Loop in Aloha, and Glacier Vista Apartments, a 48-unit community located at 2750 SW Indian Ave. in Redmond. Both properties are currently 100 percent leased. Peter Norrie of Cohen Financial secured the fixed-rate, 70 percent loan-to-value, 10-year loans with 30-year amortization schedules for the undisclosed borrower. The lender was GSE.