Portland
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.
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.
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.
CDP Expands West Coast Portfolio
The company has acquired three affordable communities in Las Vegas and Salem, Ore.
HFF Secures $47M OR Sale
The company represented Guardian Real Estate Services and Broadreach Capital Partners in the deal for the northeast Portland asset.
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.
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.
Sequoia Equities Expands Portland Footprint
The sale of the 367-unit Eddyline at Bridgeport was facilitated by HFF.