Portland
Capital One Closes $12M HUD Loan for Portland Skilled Nursing Facility
The financing proceeds will refinance a comprehensive renovation program of the 128-bed property in Gresham, Ore.
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.
JLL-Backed REIT Pays $75M in Portland
The company has acquired Jory Trail at the Grove, a 324-unit apartment community in Wilsonville. The property is currently 95 percent leased.
Security Properties Acquires 2 Portland Assets
Security Properties acquired two properties totaling 228 units located near downtown Portland. The company plans to implement a renovation plan for The Commons in order to preserve the long-term affordability of the building.
Affordable Portland Asset Changes Hands
BRIDGE Housing acquired The Ramona, a 138-unit apartment building in the Pearl District of Portland, Ore. The fully affordable asset is LEED certified to the Gold level.
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.
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.
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.
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.
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.