BELLINGS

JLL Secures $40M Refinancing for Multifamily in Portland’s Lloyd District

JLL has secured a $40.5 million refinancing for The Payton, a 162-unit multifamily property in Portland, Oregon. JLL represented the borrower, ColRich, in arranging the five-year, floating-rate loan through Prime Finance. The Payton, located at 2020 NE Multnomah St., is a…

JLL has secured a $40.5 million refinancing for The Payton, a 162-unit multifamily property in Portland, Oregon. JLL represented the borrower, ColRich, in arranging the five-year, floating-rate loan through Prime Finance. The Payton, located at 2020 NE Multnomah St., is a…

BELLINGS Intelligence Score: 10

Why it matters

This is a routine commercial real estate refinancing transaction involving a $40M multifamily property, representing ordinary business activity with limited broader market impact or novelty.

Sources