ARA Opens Portland, Ore. Office, Expands Northwest Presence

Portland, Ore.–Atlanta-headquartered Apartment Realty Advisors (ARA) recently opened its Portland, Ore. office, under the leadership of Gail Neuburg, former co-owner and operator of Portland-based Tilbury, Ferguson & Neuburg, Inc.

This is ARA’s 20th location and expands its existing Northwest presence—ARA’s Seattle, Wash. office opened in 2007.

According to Neuburg, “The ARA platform will substantially enhance our service delivery to our clients by allowing us to immediately leverage off of the relationships, knowledge and infrastructure of this powerful team of brokers.” Neuburg and her team will continue to specialize in representing both institutional and private capital owners and investors in the sale of multi-housing assets. Prior to joining ARA, Neuburgs’s firm executed nearly $1.5 billion in production volume since 1991.

Also joining the ARA Portland office is Ira Virden, a former senior associate with another national brokerage company. Collectively, the team possesses over 23 years of real estate investment experience with a specialization in the institutional and private capital multi-housing market and they will focus on executing transactions throughout Oregon and Southwest Washington.

The Portland office was established primarily in the wake of client interest, coupled with the ability to recruit talent and satisfy ARA’s strategic growth plan. “Our clients are always the driving force behind our expansion efforts,” says Gary Kachadurian, chairman of ARA.