REBusinessOnline

McBride Capital Arranges $13.5M Refinancing for Aniva Apartment Building in Portland

Aniva-Portland-OR

Located in Portland, Ore., Anvia features 90 apartment units.

PORTLAND, ORE. — McBride Capital has secured $13.5 million in permanent debt for the refinancing of Aniva, a newly constructed, 90-unit multifamily property located on N. Interstate Avenue in Portland.

The 10-year loan provided cash out to the sponsors of the project and an initial interest-only period to begin the term. Danny Natsch of McBride Capital placed the loan on behalf of an undisclosed borrower with a super-regional bank.

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