INTERVEST-Mortgage Investment Company

Recent Transactions

Here are examples of loans originated by INTERVEST-Mortgage Investment Company. In addition to brief property information, we have included loan terms or conditions that may be similar to a situation you may have. Our lenders can address virtually any financing need or unusual conditions that require customized loan structuring, all with competitive interest rates and terms.

Should you have any questions, please CONTACT US.

PERMANENT FINANCING
		Stafford Corporate Center - Wilsonville, OR $3,000,000 Lender: Life Company. Permanent financing of a 109,989 square foot industrial / warehouse building. The interest rate is fixed for the 15-year fully amortizing loan.

		Raley's Shopping Center - Gardnerville, NV $4,200,000 Lender: Credit Union. Permanent financing of a newly renovated 60,726 square foot grocery-anchored retail center. The property is 93% leased. The loan has a 5-year term and 20-year amortization.

		Walgreens - Ontario, OR $4,653,000 Lender: Credit Tenant Lender. Permanent financing of a newly constructed Walgreens. The loan is fully amortizing over 23.4 years and the rate is locked at 6.95% for the duration. The loan to value ratio is 83%.

		Medical Office - Wilsonville, OR $7,500,000 Lender: Bank. Permanent financing of a newly constructed 98,010 square foot medical office building. The property is 80% leased to Providence Health Systems and the overall occupancy is 90%. The loan has a 10-year term and 30-year amortization.

		Wilco - Canby, OR $5,500,000 Lender: Bank. Permanent financing of a newly constructed 42,200 square foot retail building. The loan has a 10-year term and 30-year amortization.

		Wilco - Oregon City, OR $2,675,000 Lender: Life Company. Permanent financing of two adjacent buildings totaling 42,739 square feet. The interest rate is fixed for the 20-year fully amortizing loan.

		26th Street Commons - Corvallis, OR $3,200,000 Lender: Life Company. Permanent financing of a newly constructed 17-unit apartment complex. The loan has a 10-year term and a 30-year amortization.

		Wilshire Place Medical Office - Portland, OR $5,100,000 Lender: Bank. Permanent financing of a two-story, Class A medical office building containing 19,421 square feet. The property is 60% owner occupied. The loan has a 10-year term and 30-year amortization.

		Salem Industrial - Salem, OR $2,675,000 Lender: Life Company. Permanent financing of an industrial property containing 11 buildings. The interest rate is fixed for the 15-year fully amortizing loan.

		Zy-Tech Industrial - Stafford, TX $5,000,000 Lender: Life Company. Permanent financing of a single tenant property containing 175,600 square feet. The loan includes a 15-year fixed rate term and a 15-year amortization.

		Barrow’s Crossing - Tigard, OR $2,000,000 Lender: Life Company. Permanent financing of an 18,129 square foot, 3- building retail center. The property is adjacent to Albertson’s and is 100% leased. The loan features a 10-year fixed rate term with a 25-year amortization.

		Sparks Plaza - Sparks, NV $1,675,000 Lender: Life Company. Permanent financing of a 17,400 square foot office building. The loan includes an interest rate fixed for 15 years and 15-year amortization.

		Coral Heights Apartments - Salem, OR $2,675,000 Lender: Bank. Permanent financing of a 64-unit apartment complex. The loan included cash out, a low 5-year fixed rate, and 30-year amortization.

		Maplewood Station - Portland, OR $1,000,000 Lender: Life Company. Permanent financing of a 9,400 square foot retail building located in the Multnomah Village area. The loan includes a 10-year term and 25-year amortization.

		Smith Retail Building - Bend, OR $1,900,000 Lender: Bank. Permanent financing of a 12,050 square foot, recently renovated property. The loan’s LTV was under 65% and features a fixed 5-year interest rate and 25-year amortization.

CONSTRUCTION FINANCING
		Brooklyn Yard Athletic Facility - Portland, OR $13,200,000 Lender: INTERVEST. Construction financing of a 52,391 square foot athletic facility/retail center. The property was 89% pre-leased to 24-Hr Fitness for 15 years. The loan to stabilized value ratio was 65%.

		Cascade View Apartments - Woodburn, OR $14,650,000 Lender: INTERVEST. Construction loan on a 200-unit apartment complex. INTERVEST also provided the land acquisition loan in early 2007. The loan term was 24 months and the loan-to-cost ratio was approximately 90%.

		Wilco Farmers Retail Center - Canby, OR $5,960,000 Lender: INTERVEST. Construction with standby permanent financing for a proposed 42,000 square foot anchored retail center. The subject was 83% preleased (35,000 square feet) to Wilco Farmers, a co-op agricultural retailer and distributor.

		Garden Way Senior Housing - Eugene, OR $16,200,000 Lender: INTERVEST. Construction financing on a 120-unit independent living facility. The loan is 50% participated with a life company lender.

		Millikan Pointe Office Park - Beaverton, OR $9,600,000 Lender: INTERVEST. Construction financing of an office park with units as separate for-sale parcels. This is the first phase; phase two retail buildings also financed by INTERVEST.

ACQUISITION FINANCING
		Garden Villa Inn - Roseburg, OR $4,250,000 Lender: Bank. Acquisition financing for a 66-room Best Western motel. The loan features USDA backing, allowing a higher LTV. To accommodate the borrower, the interest rate is structured with 70% fixed and 30% adjusting.

		Meadows Apartments - Bend, OR $9,620,000 Lender: INTERVEST. Acquisition and renovation financing of a 168-unit apartment complex. The loan features a 5-year term with an interest-only component followed by 30-year amortization.

		Westfal Apartments - Portland, OR $4,650,000 Lender: INTERVEST. Acquisition and renovation financing for a 34,592 square foot multifamily / retail mixed use complex located in Portland's Central Business District.

		Salem Industrial Building - Salem, OR $1,200,000 Lender: INTERVEST. Acquisition financing on a 49,401 square foot industrial building. This loan includes a 25-year amortization with no prepayment penalty.