$770K · Closed Aug 1, 2026
Closed: $770K Value-Add Takeout on a 3-Tenant Building in Hillsboro, Oregon
The Challenge
The property was a partially stabilized value-add acquisition: it needed bridge capital to close, then repairs, electrical updates, interior build-out, and lease-up before any permanent lender would look at it.
The Denali Solution
Denali provided direct bridge financing for the acquisition, then executed the takeout strategy within six months once ownership completed the improvements and converted the asset into a fully leased three-tenant income property.
The Outcome
Funded August 2026: a $770,000 cash-out takeout at 70% LTV against a $1.60MM appraisal — roughly 40% above the $1.10MM purchase price — with a 1.31x DSCR, 30-year amortization, and an 84-month term.
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