Portland
An Investor’s View on the Portland Multifamily Market
Pathfinder Partners Senior Managing Director Mitch Siegler discusses value-add opportunities in Portland, investment strategies, as well as the biggest challenge in the sector today.
Affordable Housing Project Breaks Ground in Oregon
Developer BRIDGE Housing has started work on 61 apartments for low-income families in north and northeast Portland. The property will accept Section 8 vouchers.
Portland-Area Apartments Trade for $29M
Pathfinder Partners added to its multifamily value-add platform with the acquisition of a 132-unit community.
Construction Launches at Oregon’s Largest Mixed-Use Community
Developed by Holland Partner Group, the Portland-area residential development is part of Reed’s Crossing, a master-planned community underway in South Hillsboro, Ore.
Portland Multifamily Report – Spring 2019
With more than 5,000 apartment units coming online in the metro in 2018, rents increased by 1.9 percent year-over-year through February—well below the 3.6 percent national average.
Portland Community Trades for $14M
Since acquiring the property in 2016, Pathfinder has made various renovations including new landscaping, corridors, new interior lobby, light fixtures, artwork and a new dog park.
REACH Community Development Opens Portland Affordable Housing Property
The $24 million project has 101 units catering to both seniors and families with children, as well as 8,900 square feet of retail space.
Trammell Crow Starts Work on Lake Oswego Project
The developer’s residential arm, together with CenterCal Properties, has broken ground on the multifamily and retail asset that will bring 206 apartments to the affluent Portland suburb.
Top 10 Multifamily Completions in the Pacific Northwest
Demand for new residential units in the Pacific Northwest was very strong during the last 12 months, bolstering development especially in the high-end segment.
Alliance Residential Opens Portland Community
The developer broke ground on the 147-unit Class A project, known as Broadstone Reveal, in mid-2017, with BMO Harris Bank providing construction financing.