Ethos Commercial Advisors

LEASED I Tenant Representation I Portland, Oregon Ethos Commercial Advisors is proud to have been selected to support ?p?n?onated in the expansion of their office space in Portland, Oregon. Devin Kopas, Senior Managing Director, was able to secure highly favorable lease terms that allowed ?p?n?onated to grow into space and rent over time to align with the their growth plan. The transaction included significant rent abatement, a dedicated space pocket, and a competitive rental rate structure positioning ?p?n?onated for long-term success. ?p?n?onated is an innovative advertising agency founded by creative director Mark Fitzloff. The agency aims to disrupt the status quo in advertising by crafting bold, big-idea creative platforms designed for the modern media landscape, while maintaining maximum emotional impact across all channels. A special thank you to Megan Sweeney-Dadkho, Mark Fitzloff, and Trish Adams of ?p?n?onated for their trust and partnership throughout the process. We are privileged to have played a role in securing a solution that will support ?p?n?onated's continued growth and success here in Portland! #expansion #pdxcre #tenantrep #tenantrepresentation #occupier #occupierservices #workspace #creativeoffice #creativeworkspace #leased #officespace #office #backtowork

LOAN CLOSED | Shift Apartments | Portland, Oregon Ethos Commercial Advisors'?recently?arranged the permanent financing to retire the construction loan on Shift Apartments, an urban multifamily building in North Portland, Oregon near Portland Community College. The 73-unit community features a combination of micros, studios, 1s, 2s, and 3s, and was completed in September 2023 and reached stabilization in summer 2024.? ? Danny Natsch?and?Matt Illias?successfully sourced a $10,500,000 or 71% LTV, 5-year fixed-rate loan with a life insurance company. The debt provided the sponsors maximum leverage and flexible prepay that allows them to evaluate an exit throughout the loan term. Matt and Danny covered the market and were able to provide loan terms that met the sponsors request. ? Congratulations to the borrowers on developing a great project and a successful loan closing! For debt and equity questions, please reach out to?Danny Natsch?and?Matt Illias. #PortlandRealEstate #Multifamily #Construction #CREdebt ?

LOAN CLOSED | Mill Plain Building A | Vancouver, WA Ethos Commercial Advisors’ debt and equity advisory group successfully sourced a $3,487,000 loan for the acquisition of Mill Plain Building A, a 13,800 SF multi-tenant retail center shadow anchored by a Walmart in Vancouver, Washington.? ? Matt Illias?and?Danny Natsch?originated a 75% LTV, mid 5% fixed rate loan through a local credit union.? ? Thank you to the repeat clients for trusting Matt and Danny to source the debt. #retail?#credebt?#retailcre?#pdxcre

LOAN CLOSED | Gateway Plaza | Cottage Grove, Oregon Ethos Commercial Advisors’ debt and equity advisory group successfully sourced a $7,280,000 loan for the acquisition of Gateway Plaza, an 87,500 square foot, Bi-Mart and Grocery Outlet anchored retail center in Cottage Grove, OR. The center was 90% occupied at closing, and featured a combination of national and local tenants.? ? Matt Illias and Danny Natsch originated a 70% LTV, 5-year, mid 5% fixed rate loan through a local credit union. The sponsor was ecstatic with the loan results during this turbulent lending market. Lender was a pleasure to work with and successfully closed this in 49 days.? ? Thank you to the repeat clients for trusting Matt and Danny to source the debt. ? #retail #credebt #pacificnwrealestate

ETHOS IN THE PRESS! Connect CRE covers Skyview Station debt placement transaction. Thank you Connect CRE for featuring this transaction. #ConnectCRE #CREFinancing #Retail #Retail #BridgeLoan #LifeCompany #GroceryAnchored #CREDebt https://lnkd.in/gY63dQVZ

LOAN CLOSED | Bluff Street Office | Bend, Oregon Ethos Commercial Advisors’ debt and equity advisory group recently placed a $6,125,000 loan for the acquisition of Bluff Street Office, a 29,000 SF fully occupied multi-tenanted building in the Old Mill District of Bend, OR.? ? Danny Natsch?and?Matt Illias?sourced a 70% LTV, 10-year fixed rate loan in the mid 5% through a regional credit union.? ? Thank you to the repeat clients for trusting Matt and Danny to source the debt.? ? #office #CREdebt #Oregon #BendCRE ?

LOAN CLOSED | The Loring Building | Portland, Oregon Ethos Commercial Advisors structured finance group recently arranged a cash out refinance for The Loring Building, a 22,000 SF industrial warehouse building in Portland, OR. The loan featured a flexible prepayment structure and returned significant equity to the sponsor. Congratulations on the closing. For debt and equity questions, please reach out to Danny Natsch and Matt Illias. ? #PDXCRE #LoanClosed #CashOutRefinance #Industrial

LOAN CLOSED | Division Street Apartments | Portland, Oregon ? Ethos Commercial Advisors debt and equity advisory group recently placed an $8,300,000 loan for the refinance of Division Street Apartments, a 59-unit multifamily property located in southeast Portland, Oregon. The property recently stabilized after a successful interior and exterior renovation by the sponsor. ? Danny Natsch and Matt Illias sourced the 5-year, fixed-rate, non-recourse conduit loan with a national bank. The loan provided the sponsor max-proceeds and signifies a rare moment in time when CMBS wins multifamily properties over the agencies and banks. The loan featured full term interest only payments. ? Ethos was honored to be engaged by Arie van Gemeren, CFA of Lombard Equities Group Equities for this refinance. Lombard Equities executed a fantastic business plan at the property and proved once again they are a top-tier sponsor on the west coast. ? #Multifamily #Refinance #CMBS #PDXCRE #ClosedLoan

LEASED | Flex-Industrial | Portland, Oregon Ethos Commercial Advisors has successfully leased the flex-industrial building at 807 NE Couch Street. Josh Bean, SIOR and Brian Hanson successfully negotiated a lease transaction with a specialty food group who has a service contract to supply the Portland Trail Blazers @ the Rose Quarter. 807 NE Couch Street is a 9,870 square foot flex building with food-production improvements in Portland, Oregon. #industrial #flex #leased #manfacturing #foodproduction

NEW LEASING ASSIGNEMENT | Glass Lab | Portland, Oregon Ethos Commercial Advisors is pleased to have been selected by ScanlanKemperBard (SKB) to lease the Glass Lab Building, located in Portland’s Central East Side Industrial District. Glass Lab is an award-winning adaptive reuse project developed by SKB and designed by Tryba Architects. Formerly home to a glass factory, this vintage industrial building has transformed into a community-oriented creative hub for the next generation of creators and innovators. The project highlights include: ??46,000 SF of inspiring creative office and advanced, desktop, and craft manufacturing spaces ? Dock loading ??Common kitchen with gas range and fridge ??Fully fob-accessed building with extensive security upgrades including cameras and alarms ??Superior access to transit and light rail with MAX stop at MLK and Mill Street ??On-site parking SKB is a real estate investor, operator and developer specializing in urban industrial and suburban mixed-use commercial properties. Please reach out to the Glass Lab leasing team, Josh Bean, SIOR, Executive Managing Director, Partner and Brian Hanson, MREF, Senior Managing Director, Partner with any questions or to schedule a tour. ? Thank you ScanlanKemperBard, Will S., Ronald Hoi Ki Ng, Hans Gustafson for trusting us with this assignment. #workspace #office #officespace #historicoffice #creativeoffice #creativeworkspace #forlease #creativeoffice #inovate #makerspace #addaptivereuse #SIOR #laboratory?#techspace #ecacre