Portland

845 Articles

Portland City Council Unanimously Approves Zoning Map Changes on 19 Nonprofit-Owned Sites to Accelerate Affordable Housing

The Affordable Housing Opportunities Project removes zoning barriers on properties owned by public agencies and nonprofit housing providers, arriving amid a sharp decline...

Portland Design Commission Unanimously Approves Master Plan for 29-Acre Lloyd Center Demolition and Mixed-Use Redevelopment

Owners envision more than 5,100 housing units, 457,000 square feet of retail, and a 2.3-acre urban park on the site of the Pacific...

Portland’s Temporary Fee Waiver Attracts 1,720 Housing Units as City Targets 5,000 Unit Production Goal

Portland Permitting & Development released its first report on Feb. 27 describing the early results of a new financial incentive, enacted last summer,...

Sculptor Capital Acquires 506-Room Portland Marriott Downtown Waterfront for $30MM in Distressed Sale

The landmark waterfront hotel at 1401 S.W. Naito Parkway traded at approximately $59,300 per room — a 64 percent discount from its $82.7...

44-Unit LaScala Apartments in Beaverton Listed for Sale With Assumable $7.48MM Loan at 3.61%

Mixed-use property in downtown Beaverton combines retail income, below-market rents, and fixed-rate financing through 2032 In a market where investors are weighing income...

Barnes & Noble to Shutter Portland’s Lloyd Center Location as Mall Prepares for $1B Redevelopment

The bookstore’s May 2 closure marks one of the first tenant exits as Urban Renaissance Group and KKR move forward with plans to...

Portland Startup Hub UpStart Collective Consolidates into Big Pink Tower

The coworking group for early-stage founders bets on downtown Portland’s recovery by moving into the fifth floor of U.S. Bancorp Tower, taking over...

OHSU’s $650MM, 530,000 SQFT Vista Pavilion in Portland Completed On Time and Under Budget

The 14-story hospital tower, one of Oregon’s most complex healthcare construction projects, adds 128 beds and positions OHSU’s Knight Cancer Institute for a...

Unico Properties Selected as Property Manager of Five Oak in Downtown Portland After Recent Sale

In Partnership with Jeff Swickard, owner of both buildings, Unico Remains Committed to Portland’s Recovery PORTLAND, Ore. (February 26, 2026) – Unico Properties...

Rhino Investments Group Secures $42.8MM to Refinance Multi-State Retail Portfolio that Includes 109,000 SQFT Salem, Ore. Property

Life Company Execution Supports Lease-Up and Preserves Asset-Level Flexibility for Rhino Investment Group Properties in California, Illinois, Oregon, and Wisconsin Irvine, Calif. (February...

Williams & Russell CDC and Adre Advance 20-Home Affordable Townhome Phase in North Portland

First phase of long-planned reparative housing project moves into construction, with completion targeted for Q1 2027 In North Portland’s Albina neighborhood, a long-discussed...

Portland Nonresidential Construction Costs Rise 0.32 Percent in Q4 2025, Among Lowest of Major U.S. Markets

Mortenson’s latest cost index places Portland well below the national average as stable labor and competitive bidding temper escalation pressures heading into 2026...

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