Saturday, August 27, 2011

FHA Oregon FY 2010 Multifamily Apartment Loans: 1,700 Units, $138 Million.

Standard Dairy, Portland
I have prepared a legal size table HERE showing details about FY 2010 FHA multifamily apartment loans in Oregon (NOT including health care loans). Includes lender, city location, date, and whether loan is new construction or refinance.

Observations:
  1. 5 of 11 projects were in the Portland metro area; Salem had the most projects (3).
  2. One 496 unit refinance project in Hillsboro accounted for 29% of all units.
  3. There were only two new construction projects, both outside Portland metro area [Medford and Salem] and one tax credit project in Salem.
Hopefully with the currrent fiscal year ending in little more than a month, I will be able to prepare a new report showing FY 2011 Oregon production sometime in the fall.

Originally created and posted on the Oregon Housing Blog.

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