Gorilla Capital Receives Debt Financing to Facilitate Growth

NEW YORK, March 14, 2016 — Gorilla Capital (“Gorilla”), headquartered in Eugene, OR, announced that it has secured a debt facility from Arena Investors, LP (“Arena”).

Gorilla, one of the largest fix and flip real estate companies in the nation, will utilize the proceeds from the facility to continue expanding its business operations and acquisition strategy. Terms of the transaction have not been disclosed. …

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FORECLOSURES DIP AT THANKSGIVING

Dec 15 2015

Filings Still Ahead of Last Year’s Pace

Eugene, Ore. —- Whether it was too much turkey or four fewer work-days due to Veterans’ Day and the Thanksgiving Weekend, the number of foreclosures filed in November took its annual “nap” logging 545 compared to 666 in October, marking the third consecutive month that filings have decreased.  However, there were still 25 more foreclosures filed during November 2015 than during the same month last year. …

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Foreclosure Filings Continue to Out-Pace 2014

More filings Recorded in August Than July

Eugene, Ore.  (Sept. 11, 2015) — The dog days of summer are over. School has started, college football season kicked off and August foreclosure filings in the 23 Oregon counties monitored by Gorilla Capital made an easy transition from summer to fall with a 8% increase in filings compared to July. …

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Foreclosures Filings Decrease for Fourth Straight Month

Year-to-Date Foreclosure Filings Still Ahead of 2014

June 10, 2015

Eugene, Oregon—The signs indicate the Oregon housing market is healing as foreclosure filings dipped for the fourth consecutive month this year in the 23 counties monitored by Gorilla Capital. However, year-to-date, there were 54% more foreclosures filed through May than through the first five months of 2014. …

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