Portland

Portland. Photo by Shunyu Fan/iStockphoto.com

Portland Multifamily Report – February 2024

Multifamily fundamentals slowed last year. More supply is on the way.

JLL REIT Acquires Suburban Portland Property

Metropolitan Land Group sold the community for $61 million.

Skylar Grand

CONAM Group Pays $34M for Portland Asset

This was the first acquisition through CONAM Strategic Investments Fund IV LP.

Tesser at Orenco Station

Portland-Area Property Commands $99M

The asset previously traded for $85 million.

Portland. Photo by Mark Ingalls/iStockphoto.com

Portland Multifamily Report – October 2023

Rents, occupancy and transactions are down on a yearly basis.

Fourth Avenue Capital Acquires Portland-Area Community

The new ownership plans to upgrade unit interiors and amenity spaces at the Vancouver, Wash., property.

The Perch PDX is a 141-unit luxury community in North Portland, Ore.

Fairfield Sells Luxury North Portland Community

The Perch PDX came online in 2020 and includes 141 units.

Sandy28 is a 206-unit community in Portland, Ore.

Green Leaf Buys $43M Community in Portland

CBRE provided a $22.5 million acquisition loan.

Modera Beaverton

Mill Creek Breaks Ground on Portland-Area Project

First move-ins are expected during the summer of 2025.

Lumina Apartments underwent cosmetic renovations from 2014 through 2022. Image courtesy of CBRE

Abacus Capital Buys Portland-Area Community for $97M

Grand Peaks Properties sold the 440-unit asset.