5th Street Public Market
$21,825,000 permanent loan
155,718 sf mixed-use retail, office, and hotel property
Highland arranged a $21,825,000 permanent loan, sized to 73% LTV, fixed for 10 years featuring 3 years of IO. 5th Street Public Market is a highly successful and acclaimed mixed-use project in downtown Eugene, Oregon. Owned since 1976 by the Sponsor, there are more than 60 exciting retailers, restaurants, service providers, office users and a premier hotel, which ground leases its space from the Market, to create a lively project with a magnetic attraction. It is Eugene’s #1 destination for city residents, university-related visitors, business travelers, and tourists.