WILSONVILLE, ORE. — Capstone Partners has secured a $27.9 million construction loan from U.S. Bank to develop Villebois Village Center Apartments, a three-building multifamily community in Wilsonville. David Schaffer and John Petersen of Melvin Mark Capital Group originated the financing.
Construction began in December 2025, with completion slated for mid-2027. Portland, Ore.-based C2K Architecture is serving as architect and Essex General Construction is the general contractor for the project.
Located within the Villebois master-planned community, the project will feature 143 studio, one-, two- and three-bedroom apartments with quartz countertops, stainless steel appliances, 9-foot ceilings and air conditioning in larger units. The community also features 2,460 square feet of ground-floor commercial space, a fitness center, library/game room, top-floor lounge, bike center and pet-friendly features, including a dog wash station. The three buildings will surround a large public piazza with bocce courts, landscaping and heritage trees.