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By: citybiz
July 30, 2025

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Priority Capital Advisory Closes $12 Million Bridge Loan for Class A Multifamily Project in Vancouver, WA

Priority Capital Advisory has closed a $12 million bridge loan for Hudson West, a newly delivered 50-unit Class A multifamily property located at 2411 Broadway Street in Vancouver, WA. The financing was arranged on behalf of Cascadia Development Partners replacing a maturing construction loan, extending financial flexibility through lease-up and stabilization.

“This was a deal where timing and structure were everything,” said Zachary Streit, Founder and President of Priority Capital Advisory. “We ran a hyper-competitive lender process and executed on an aggressive timeline to deliver a non-recourse lease-up bridge loan that met our client’s business plan and protected their equity. In this market, you need firepower and precision to close—this was both.”

Hudson West is currently leasing up extremely well. The project consists of 11 studios, 25 one-bedrooms, and 14 two-bedrooms in a Scandinavian-contemporary three-story building. Each unit features private balconies, gourmet kitchens, walk-in closets, and high-end finishes. On-site amenities include a coffee bar, multiple common areas, and 39 secured parking spaces.

Strategically located in a charming historic district just off Main Street and five minutes from the $1.6 billion Vancouver Waterfront masterplan, Hudson West offers renters access to top-tier urban lifestyle amenities while avoiding Portland’s state income tax.

“We’ve worked with Zack on five financings now, and he continues to deliver under pressure,” said Scott Lindgren, Partner at Cascadia. “This was a critical execution for our firm, and he got it done.”

Priority Capital Advisory has now closed $450 million in debt financing across 20 transactions since launching just over a year ago. The firm has built a reputation for hustling harder, moving faster, and unlocking liquidity for top-tier sponsors when others can’t.

About Priority Capital Advisory

Priority Capital Advisory is a premier boutique debt and equity capital advisor for middle market and institutional commercial real estate sponsors and investors. PCA arranges highly structured and innovative finance solutions up and down the capital stack, with a focus on transactions with a total capitalization of $30 million to $200 million. PCA leverages debt and equity solutions for all property types including capital from debt funds, life insurance companies, commercial and investment banks, agency financing, CMBS, mortgage REITs, and pension funds. To learn more about PCA visit www.prioritycapitaladvisory.com.

About Cascadia Development Partners

Cascadia Development Partners is a full-service commercial real estate development company. With nearly 100 years of combined commercial real estate experience between their principles, the CDP team has collectively developed over 10 million square feet of quality commercial projects in the Pacific Northwest. CDP was founded on the mission of developing quality commercial projects that breathe life into communities, creating functional and attractive spaces that bring people together and improve livability. They seek to combine their extensive experience and passion for community outreach into sustainable projects that are designed with quality materials, aesthetically pleasing architectural designs, and inviting public spaces, adding value and vibrancy to surrounding neighborhoods and businesses. https://cascadiadevelopmentpartners.com/

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