325 Emerson

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Residential condominiums


The 325 Emerson Fund was formed to make a construction loan to a local developer. The borrower used proceeds from the loan to construct six condominium units in NE Portland, which also served as the collateral for the loan. The Fund provided management oversight and construction fund control for the project. All six condominium units were sold, and the loan and accrued interest were repaid to investors.

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