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Developer Lands $50.8 Million Loan for Apartment Project South of Portland

New Multifamily Building is Planned for Site of 1960s-Era Bowling Alley
In July 2021, Palisch Homes presented plans for a new apartment development called Henley Place. (City of Milwaukie)
In July 2021, Palisch Homes presented plans for a new apartment development called Henley Place. (City of Milwaukie)
By Conor Kavanagh
CoStar Research
July 8, 2022 | 6:09 P.M.

A well-known real estate debt and equity firm, PCCP, is throwing its weight behind Henley Place, a six-story, 178-unit apartment development pitched for a site in Milwaukie, a suburb about six miles south of downtown Portland.

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