ORIX USA’s Real Estate Investment Strategies group announced the closing of a $50 million senior mortgage loan to a subsidiary of Pahlisch Commercial for the refinancing of Orrin Apartments. Orrin Apartments is a newly constructed, 199-unit multifamily community located in Beaverton, OR, near major employment centers, retail amenities and the MAX Light Rail system. Completed in 2026, the property offers studio, one- and two-bedroom residences as well as a comprehensive amenity package including a fitness center, resident lounge, meeting rooms, secured parking garage, EV charging stations and landscaped courtyard.
“Our relationship with Pahlisch Commercial continues to grow, and Orrin Apartments represents another opportunity to support an experienced sponsor with flexible capital throughout the lifecycle of a high-quality asset,” said Stephen Klufas, Managing Director, ORIX USA. “This financing supports the property’s continued lease-up and stabilization while reinforcing our commitment to providing tailored solutions across the multifamily sector.”