Cohen financial secures $33.5 million in financing. (Commercial).

CHICAGO-BASED COHEN FINANCIAL'S OREGON office has secured debt placement for Altamont Summit, a 439-unit, class-A apartment complex in Oregon. Cohen Financial secured $33,520,000 in debt placement for the borrower, a private investor. Terms of the three-year, full-recourse loan include a 25-year amortization schedule, 8o percent loan-to-value (LTV) ratio and pricing based on the London Interbank Offered Rate (LIBOR). The lender was a life insurance company.