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Hawthorne Lofts

Hawthorne Lofts

At a Glance

Name: Hawthorne Lofts
City, State: Portland, Oregon (Hawthorne District)
Type: Loan, Secured By a First Trust Deed, on a Live/Work Multifamily Project
Acquisition Date: October 2010 (Foreclosed November 2010)
Acquired From: Regional Bank
Number of Units: 27
Building & Unit Mix: Four-Story Building
22 One-Bedroom/One-Bathroom Flats
Five Townhomes
Unit Sizes: 788 to 1,116 Square Foot Flats
1,305 to 1,497 Square Foot Townhomes
Unit Features: Brazilian Redwood Flooring, Stainless Steel Appliances, Gas Fireplaces, Painted Millwork, Full-Size Washers/Dryers and 10-Foot Ceilings
Date Sold: 2012