Capital Pacific Closes 2 REO Dispositions
  Capital Pacific is pleased to announce the closing of two REO Dispositions: Boyer Center and Burnside Commons I&II. In the short time that these properties were on the market, Capital Pacific received a total of 9 offers from private and institutional investors throughout the Northwest. These properties represent the 4th and 5th transactions for the Portland office in the last two weeks.For each of the properties, Capital Pacific represented one of the largest servicing outfits in the country. For Boyer Center, our team also represented the private investor who purchased the asset. Capital Pacific's team approached these assignments with a strong focus on anticipating objections and focusing on the intrinsic details of the real estate. By doing so, we were able to overcome multiple hurdles and ultimately, our foresight facilitated quick closings for each of the properties. Capital Pacific's capacity to source capital that is invisible to most groups and properly price assets are critical in this continuously changing market. |