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Portland State University

Real Estate Development Workshop Projects

City planning -- Oregon -- Tigard

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The Trailhead, Tigard, Oregon, Freddie Bulzan, Melvin Sharp, Aurora Charouhas, Alex Lovre, Zoe Johnson, Tyler Reeves Jul 2020

The Trailhead, Tigard, Oregon, Freddie Bulzan, Melvin Sharp, Aurora Charouhas, Alex Lovre, Zoe Johnson, Tyler Reeves

Real Estate Development Workshop Projects

The Trailhead Team (“Sponsor”) is pleased to present qualified individuals (or entities) the opportunity to invest $8,124,231 (“Equity”) in a Qualfied Opportunity Fund, which will purchase membership interests in Urban Flight LLC (“UFL”), a Qualfied Opportunity Zone Business, for the development of two speculative mixed-use buildings located in the industrial core of Tigard, Oregon (“The Trailhead” or “Project”).

Total Project costs will be $35,731,297 with the remainder of the Equity being contributed by the current property owner (“Property Owner”) in the amount of $3,381,723.1 The Sponsor will also invest $1,000,000 of Equity. UFL will secure $23,225,343 in construction debt, at …