We outlined the details of the deal for a value-add client who was already operating in the Northeastern Oregon market, clarifying the details on the deal and digging in on pricing.
We proposed discounted pricing and creative seller financing structure in order to get the deal done, given the level of capex discovered in the due diligence process.
Ultimately, we got the deal done at a great basis for a buyer who has now executed on their business plan, upgrading the property significantly compounding returns for their investors.
"The Multifamily Mason team has been a part of my close network since they represented me on the sale of a 9-unit last year. We’ve had many conversations about investing strategy, raising investor funds, reviewing our pitch deck, sourcing deals, writing offers and evaluating properties. We made multiple offers on Hermiston17 and arrived at mutual acceptance under favorable terms after the property had fallen out of escrow with multiple previous buyers. While there were some challenges at the deal level, Mason and his team were proactive at every step, and helped come up with creative solutions like seller financing to get the deal done.
This was our first deal with LP investors, and it wouldn’t have been possible without Mason and his team. We’re excited to bring them along on our journey as we repeat this process on more deals in the future and successfully execute our business plan."
- Justin, Client
Receive monthly updates specific to multifamily investing in the Inland Northwest, curated for owners and investors
.jpg)
.jpg)
.jpg)