Allen Fremont Plaza

A 3-story elevator served building with 63 one-bedroom units and 1 two-bedroom unit located in a popular inner NE Portland neighborhood. Originally built in 1997, sponsored by GBC, Inc. and financed with a NOAH permanent loan, the project was acquired by REACH CDI in 2015 with an OHAF loan from NOAH. During the OHAF period, REACH stabilized operations, completed rehab and upgrades, and renegotiated restrictive covenants.

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