Multifamily news in Market Rate Housing - Portland
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Prime Residential Buys Portland Community for $81M
BPM Real Estate Group sold the 261-unit property west of downtown in a transaction brokered by Institutional Property Advisors.
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Blackstone Pays $175M for Pacific Northwest Portfolio
Built between 1980 and 1992, the Class B properties include 935 units near Seattle plus 104 apartments outside Portland, Ore.
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JV Acquires Portland-Area Community for $12M
Jordan Carter, Tyler Linn, Clay Newton and John DeJager of Kidder Matthews represented the buyer.
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Portland-Area Apartments Sell for $48M
RISE Properties Trust acquired the 178-unit community in the metro’s western suburbs on the heels of several deals in the region earlier this year.
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Gelt Purchases Portland-Area Community for $30M
HFO Investment Real Estate represented the buyer of the 160-unit, garden-style property in Gresham, Ore.
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Gantry Arranges $20M Portland Refi
Blake Hering, Matt Illias and Heather Kegler secured the Freddie Mac financing for the 203-unit property in Fairview, Ore.
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Canyon Partners Expands Opportunity Zone Portfolio
The company has joined ScanlanKemperBard Cos. and Diamond Investment Group, and invested $24.4 million into a 219-unit community in the Portland suburb of Tigard, Ore.
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JV Lands $52M Refi for Portland-Area Community
Pensam provided the three-year note for the new, 320-unit community in Beaverton, Ore.
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EJF Capital Expands Opportunity Zone Portfolio
Teaming up with Holland Partner Group, the company will develop a mixed-use project in Vancouver, Wash.
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Security Properties Acquires Oregon Community
The 205-unit Outlook at Pilot Butte marks the firm's third purchase within the Bend, Ore., market.
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Portland Multifamily Portfolio Trades for $26M
Trion Properties landed $19.1 million in acquisition financing for the 162-unit, suburban value-add portfolio.
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Barings Sells Portland Community for $116M
Griffis Residential acquired the 294-unit, LEED Gold-certified property in the city's South Waterfront neighborhood.
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Greystar Sells Portland-Area Community
The 264-unit property in Hillsboro, Ore., is just south of Intel’s massive research and manufacturing campus.
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Prime Group Buys 309-Unit Portland Property
Newmark Knight Frank originated a $63.7 million Freddie Mac acquisition loan, set to mature in 2031.
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JLL Arranges Sale, Financing for Portland Asset
Built in 2009, Tupelo Alley includes 188 units and 10,000 square feet of ground-floor retail space managed by Unico Properties.