Powell Terrace

An 11 unit condo community in eastern Portland that is making incredible progress.

Investment Yield: 8.5%
Maturity Date: 1/14/2021

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Project Overview

Equity Multiplier

8.5%

Investment Yield

target IRR

54%

Loan-to-Value

Minimum Investment

$50,000

Minimum Investment

Investment Terms

1/14/2021

Maturity Date

Minimum Investment

$2,810,000

Loan Amount

Total Sqft

$4,445,000

As Completed Value

Total Sqft

44%

Percent Complete

Residential Units

11 Unit

Condo/Townhome

Powell Terrace

This is an 11 unit condo community featuring one 4-Plex building and seven detached Single Family Residences. The units average 1,455 sq ft and are located in the Powellhurst-Gilbert in Eastern Portland.

Project

The builder has a great track record and is making incredible progress on this project. Click the photos to view more.

FAQ’s

How do I invest in a Trueline Direct opportunity?

Please fill out the form, send us an email at [email protected], or call us at (800) 292-6561 to learn more about the investment opportunity with Trueline Direct.

Once we have received the desired investment amount and entity information, one our team members will follow up with additional participation information

What information is provided in support of an investment analysis prior to committing funds?

After the accreditation verification and NDA are complete, you will receive an invitation to a deal room specific to the projects that you are interested in investing in.

Do Trueline Direct investments provide a monthly distribution

Yes, returns are distributed monthly via ACH or Check.

Is my investment money returned at loan maturity?

Most of the time, yes, but it is loan dependent. There are times when a project goes longer than expected and an extension of the loan terms are required to fulfill the loan commitment to the borrower.

Do the extension fees get shared with the participant?

Yes, the extension fees paid by the borrower are shared with the participant’s based on their percentage of ownership in the loan.