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Seattle & Northwest  + Portland  + Retail  | 

Parkview Delivers Construction Loan for Metro Portland MXU

Los Angeles-based Parkview Financial provided a $12.5-million construction loan to Village Development, LLC for a new a mixed-use project in Fairview. Situated on 1.59 acres at 1575 NE Village St., the two-building project will include 71 apartment units and 4,267 square feet of ground-floor retail space.

Parkview Financial’s Paul Rahimian says, “This loan marks our second with this experienced developer. In 2018, we financed Northbrook Village, a 180-unit apartment development adjacent to this property. We see this submarket as one that will continue to experience an increasing demand for rental housing as it provides a more economical alternative to Portland’s pricier urban core areas.”

The project will include 32 one-bedroom units and 39 two-bedroom units, as well as three retail units. Residents will also have access to other onsite amenities including a fitness center, management office, and a bike storage and repair room.

Construction has commenced with an expected delivery in November 2021.

For comments, questions or concerns, please contact Dennis Kaiser

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Connect With Village Development’s Jeff ParkerConnect With Parkview Financial’s Rahimian

About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

  • ◦Financing
  • ◦Development
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