Multifamily news in Portland
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Strong Development Softens Demand in Portland
Anchored by a diversifying economy and fueled by an expanding population, the city's multifamily market remains strong despite its recent slowing rent growth.
10 July 2017 13:14 -
Trion Properties Acquires Portland Community
The acquisition of the 67-unit community marks the company’s fifth purchase in the Portland, Ore., region. Trion Properties plans to implement a series of renovation made to the exterior, as well as to the interiors.
08 July 2017 00:31 -
On the Market: 5 Interesting Listings for the Week of 6/26
This week's listings include two historic properties in New York: a 1920s-era community on Long Island and a Brooklyn walk-up built in 1910.
30 June 2017 15:07 -
Mixed-Use Project Opens in Downtown Portland
The Greystar-managed Sky 3 comprises 196 units, of which 39 will remain affordable for at least 10 years. The community also offers a 13,000-square-foot retail space.
06 June 2017 13:57 -
Portland’s Charm
The city's multifamily demand remains elevated, fueled by a healthy job market and an influx of young people for professional and lifestyle purposes.
01 June 2017 08:03 -
On the Market: 5 Interesting Listings for the Week of 5/8
This week's listings include a Phoenix garden-style community for $1 million and a well-designed urban property in Portland.
12 May 2017 16:49 -
HFO Investment Sells $15M Oregon Community
Mactrust LLC acquired the community for $15.2 million, or $90.719 per unit. The buyer plans to continue making improvements to the property, which is located close to an array of green spaces, retail and schools.
07 April 2017 17:36 -
Marcus & Millichap Sells $48M Community
A partnership between Millcreek and a global real estate investment manager sold the 134-unit property near downtown Portland. The luxury community, Modera Goose Hollow, is LEED Gold-certified.
07 April 2017 17:15 -
CDP Expands West Coast Portfolio
The company has acquired three affordable communities in Las Vegas and Salem, Ore.
10 March 2017 16:26 -
HFF Secures $47M OR Sale
The company represented Guardian Real Estate Services and Broadreach Capital Partners in the deal for the northeast Portland asset.
20 February 2017 08:28 -
IPA Closes $127M Sale of Portland’s Yard Tower
The LEED Silver-certified development was completed in August 2016 and sold with 50 percent of the apartments leased.
08 February 2017 15:25 -
Yardi Matrix: Stabilized Portland
The “Silicon Forest“ still appeals to young professionals and continues to add jobs, especially in the booming business, education, health-care and tech sectors.
18 January 2017 14:36 -
Kennedy Wilson Acquires $363M Assets
Kennedy Wilson added a 408-unit, a 331-unit and a 1,008-unit apartment community to its growing portfolio.
08 December 2016 20:29 -
Sequoia Equities Expands Portland Footprint
The sale of the 367-unit Eddyline at Bridgeport was facilitated by HFF.
22 November 2016 15:31 -
Blackstone Swings $748M National Portfolio Acquisition
The company acquired the 16 properties from Bridge Investment Group Partners.
17 November 2016 16:45