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Bend Multifamily Property Secures $31M in Acquisition Financing

August 15, 2022

CBRE has arranged $31 million in financing for the $49.5 million acquisition of Sienna Pointe Apartments, a 168-unit multifamily community in Bend, OR. The firm’s Nick Santangelo of CBRE Capital Markets’ Debt and Structured Finance secured the seven-year, fixed-rate, interest-only loan on behalf of the buyer, Seattle-based Security Properties.

HFO Investment Real Estate’s Rob Marton represented the seller, Bend Housing, LLC, in the transaction.

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