Redmond Landing

Overview

Size $67.5 Million
Construction Loan, Permanent Financing, and Bond Underwriting

Summary

KeyBank Community Development Lending & Investment provided $67.5 million in capital for the new construction of Redmond Landing Apartments, a 156-unit affordable housing project in Redmond, Oregon. All 156 units will serve families and individuals earning 60% of the area median income (AMI). The property will feature a community room for residents and is close to many critical neighborhood services such as grocery stores, healthcare sites, and a public library. We want to thank Southport for its sponsorship and shared mission to build much-needed affordable housing in Oregon.

The financing includes a $42 million construction loan, a $25 million Fannie M.TEB permanent loan, and $31.5 million in tax-exempt bonds underwritten by KeyBanc Capital Markets.

Recent Deals

July 2025

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City of Huber Heights, Ohio

$56.2 Million

Various Purpose Notes, Series 2025 (General Obligation) (Limited Tax)

Sole Manager

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July 2025

omni

a portfolio company of 

merit

acquired by

sterling group

Exclusive Sell-Side Advisor

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July 2025

kodiak

a portfolio company of

courtsquare

divested

kodiak partner

to a

Private Investor Consortium

Exclusive Sell-Side Advisor

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July 2025

beacon

acquired

ascension borgess

from

ascension

Financial Advisor

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