Why the Pacific Northwest?
Our fund consists of projects across one of the United States hottest real estate markets. Starting in Seattle, WA, our loan profile consists of a few major Pacific Northwest metropolitan areas consisting of the greater Puget Sound, the greater Portland metropolitan area, and Central Oregon.
Nationally, Zillow ranked Seattle as the #3 hottest housing market and Portland shortly follows, ranking at #9. Bend, Oregon has also seen a huge real estate spike with an increase in the average list price of over 48% over the last 5 year. Diversified across this portfolio, we have strong confidence in where this market is headed.