Portland
Kennedy Wilson Spends $121MM on 348-Unit Tigard Apartment Property
(EDITOR’S NOTE: The seller of the 348-unit community was Seattle-based Security Properties.) BEVERLY HILLS, Calif. (December 17, 2021) – Kennedy Wilson Fund VI (“Fund...
Hillsboro’s Tanasbourne Commerce Center Attracts Foreign Investor, Sells for $33.85MM
By Meghan Hall Portland’s commercial office market has not been immune to the impacts of the COVID-19 pandemic. However, momentum continues to build,...
Principal Pays $57.4MM to Acquire R&D Asset in Hillsboro, Ore.
By Jon Peterson Des Moines, Iowa-based Principal Real Estate Investors has closed on the acquisition of the 195,546 square foot Hitachi Hillsboro R&D facility...
RISE Properties Trust Acquires 10th @ Hoyt Apartments in Portland for $75MM
Purchase of 178-Unit Mid-Rise Residential Community in Pearl District Marks 7th Portland-Area Acquisition Since Pandemic Started, 35th Regional Acquisition for RISE Portland, OR, December 9,...
Report: Appetite for Multifamily Properties Continues to Surge as Nation Records Highest Quarterly Sales Volume on Record
By Meghan Hall The multifamily sector continues to grow by leaps and bounds as the nation’s demand for rental housing remains unabated. The...
MG Properties Group Adds to Portland Portfolio with $54MM Multifamily Acquisition
SAN DIEGO, Dec. 1, 2021 — MG Properties Group, a private San Diego-based real estate investor and operator, is further expanding its Portland presence, today announcing the acquisition...
Bay Point Advisors Closes $12.5MM Acquisition Loan for Riverfront Redevelopment Site in Vancouver, Wash.
ATLANTA–Bay Point Advisors, LLC has provided a $12.5 million loan to Renaissance Boardwalk Ventures, LLC for the acquisition of five parcels located at...
Apple Hospitality REIT Acquires Pearl District Hotel in Portland for $75MM
RICHMOND, Va.–Apple Hospitality REIT, Inc. (NYSE: APLE) (the “Company” or “Apple Hospitality”) today announced the acquisition of a portfolio of three hotels for...
Report: Lack of Available Land Pushes Industrial Product to “Fringes” of Portland
By Meghan Hall Like many West Coast cities, the industrial sector is hot in Portland. The growth of the industrial market, however, doesn’t...
Horizon Realty Advisors Breaks Ground on 177-Unit The Preserve on Goodpasture in Eugene, OR
Seattle-based property owner, developer, and operator expects new development to earn highest environmental certification levels to-date of any apartment community in the area...
Report: Demand for Office in Portland Spurred on by Companies
By Meghan Hall If there is one sector that remains a question mark two years into the pandemic, it is office. The persistence...
Mesa West Capital Funds $100MM Loan to Refinance 5 MLK Mixed-Use Development in Portland
Los Angeles (November 15, 2021) — Mesa West Capital has provided the joint venture of The Green Cities Company and American Realty Advisors...