Multifamily news in Portland

On the Market: 4 Interesting Listings for the Week of 3/26
This week's listings include a 100 percent-occupied luxury community in downtown Baltimore, student housing near Philadelphia's universities and a recently renovated value-add opportunity in Columbus, Ohio.
Market Rate
Portland Luxury Community Opens Doors
Mill Creek’s Modera Belmont broke ground in May 2016 and features 200 units and more than 10,000 square feet of retail space.
Luxury
CBRE Arranges $55M Portland Asset Sale
Joe Nydahl, Phil Oester and Josh McDonald of CBRE’s Northwest Multifamily Institutional Investment division worked on behalf of the seller of the 149-unit, mid-rise property, of which 38 apartments are affordable.
Market Rate

  • HFF Arranges Recap of OR Community

    HFF Senior Managing Director Ira Virden and Director Carrie Kahn were part of the investment advisory team overseeing the recapitalization of the 208,247 square feet property.

    21 March 2018 21:23

  • Wood Partners Begins Construction of Portland Asset

    The Oregon development, which will include 138 apartments above 6,000 square feet of street retail space, is situated just outside the city’s downtown area.

    13 March 2018 16:24

  • On the Market: 5 Interesting Listings for the Week of 3/5

    This week's multifamily listings include a portfolio in Denver's Glendale market and newly converted condominiums in Scottsdale, Ariz.

    09 March 2018 18:29

  • CBRE Arranges $11M Metro Portland Sale

    CBRE’s Phil Oester, Joe Nydahl and Josh McDonald worked on behalf of the seller in the disposition of a townhome-style community in Tigard, Ore.

    06 March 2018 16:10

  • Oversupply Softens Rent Growth in Portland

    A healthy job market and strong population gains continue to sustain multifamily demand across the metro, where more than 5,000 apartments are scheduled for delivery in 2018.

    01 March 2018 14:42

  • Affordable Housing Coming to Portland

    The 88,000-square-foot project will include 203 units and nearly 30,000 square feet of ground-floor retail space. The Oregon community is slated to open in 2019.

    19 February 2018 22:02

  • On the Market: 4 Interesting Listings for 2/12

    This week's listings include two renovated downtown Baltimore historic buildings and a downtown Portland property that has never been on the market since it was constructed in 1949.

    16 February 2018 14:32

  • On the Market: 5 Interesting Listings for the Week of 1/29

    This week's listings include a portfolio investment opportunity in Prince George's County, Md., a new development in the Irvington neighborhood of Portland and an affordable housing community in Dallas.

    02 February 2018 13:00

  • HFF Secures $28M Refi for OR Community

    Director Scott Gilson and Associate Charlie Watson, both on the firm's debt placement team, represented the borrower of the 10-year loan, which was placed with Freddie Mac’s Capital Markets Execution (CME) program.

    25 January 2018 15:38

  • CBRE Arranges Portland Community Sale

    Graham Taylor represented the seller, Kehoe Northwest Properties, in the $25.5 million transaction. The buyer plans to invest $1 million for common amenities upgrades.

    04 January 2018 22:18

  • Security Properties Snags $81M OR Community

    In a joint venture with Cigna Investment Management, the company purchased Arbor Heights, a 348-unit Class A garden-style community. This purchase marks the partners' fourth acquisition.

    14 December 2017 17:08

  • Trion Properties Expands Portland Portfolio

    The $12.3 million transaction marks the company’s third acquisition in the city of Beaverton, Ore. Trion plans to implement a renovation plan, including improvements made to the exterior and interior of the property.

    08 December 2017 16:48

  • Job Growth Firm, Rent Growth Totters in Portland

    The metro’s strong employment growth is pushing up multifamily demand, especially for market-rate apartments. Nearly 8,400 units were underway as of August, of which some 3,200 units are slated to come online by December.

    23 October 2017 08:13

  • Portland Community Lands $14.5M Refi

    The Altoma Real Estate Advisors were responsible for arranging the mortgage services for Tess O’Brien Apartments. The borrower was backed by key principal Martin Kehoe.

    10 October 2017 12:38

  • CBRE Facilitates $19M Sale of OR Community

    The company represented the seller, Barclay Cascade investors LLC in the transaction. The property’s average monthly rent was $1,204 as of September.

    06 October 2017 16:17