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Home Finance $191MM Mortgage Loan Falls into Default on Brookfield Properties’ 1.2MM SQFT Clackamas Town Center in Happy Valley, Ore.
FinanceIndustry NewsPortlandRetail

$191MM Mortgage Loan Falls into Default on Brookfield Properties’ 1.2MM SQFT Clackamas Town Center in Happy Valley, Ore.

January 13, 20252 Mins read1.6k
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Portland, Brookfield Properties, Clackamas Town Center, Macy's, JCPenney, Nordstrom, Bank of America, KeyBank National Association, The Cheesecake Factory, Pieology Pizzeria, Panera Bread, Dave & Buster’s, Sephora, Ulta Beauty, H&M, Happy Valley
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By The Registry Staff A loan connected to a shopping center in the Portland region has fallen into default. According to a report from the Portland Business Journal, Brookfield Properties, the owner of Clackamas Town Center, has defaulted on a $191 million mortgage loan. This default comes amidst a wave of lease expirations for major […]

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