Portland
Greystar Breaks into Portland Development Market with Completion of 182-Unit Apartment Complex
By Meghan Hall Charleston, S.C.-based Greystar is one of the largest developers and managers of multifamily properties in the United States. In virtually...
Survey: Despite Pandemic-Based Uncertainty, Investors Exhibit Increased Risk Appetite
By Meghan Hall The coronavirus pandemic forced investors to press the pause button in 2020. Experts in the industry acknowledge that the virus...
Oregon Pension Fund Allocates $250MM into AEW Essential Housing Fund with West Coast Investment Focus
By Jon Peterson Demand for housing is likely not going to contract in the near to mid-term across the major employment centers across...
Optimus Properties Completes Purchase of Multi-Family Portfolio in Portland $10.38MM
(EDITOR’S NOTE: According to data from Reonomy, the deals closed mid-June but recently recorded. Optimus paid $6,676,324, or about $145,137 per unit for...
Truebeck Begins Work on First Portland Affordable Housing Project to Use Cross-Laminated Timber
Portland, OR – Truebeck, an industry-leading commercial general contractor, is pleased to announce the beginning of construction on The Annex Apartments-Affordable Housing project...
JB Matteson Completes $132MM in Refinancing of Six Multifamily Properties In California & Washington
SAN FRANCISCO, CALIFORNIA (September 13, 2021) – Dennis Williams, senior vice president/managing director and Tom Wight, vice president of NorthMarq’s San Francisco office collaborated to arrange...
Cumberland Holdings Buys Lenox Apartments in Portland for $14.7MM
By Vladimir Bosanac Multifamily investors continue to have a strong interest in assets across the greater Pacific Northwest region. In a recent transaction,...
Canadian REIT buys Portland-Area Multi-Housing Community for $30MM
JLL Capital Markets closed the sale of TownCenter Park in Wilsonville to RISE Properties Trust PORTLAND – JLL Capital Markets announced that it has closed...
CBRE Global Investors Kicks Off Industrial Fund with $1.7B of Pre-Seeded Assets in Markets Including California, Oregon and Washington
By Jon Peterson There is no indication that the industrial market in the U.S. is slated for a slowdown, and investors pouring significant...
Tremont Mortgage Trust Closes on Bridge Loan to Finance $19MM Acquisition of Parallax Apartments in Portland
(EDITOR’S NOTE: According to public records that just recently recorded, the sale of the asset closed on July 30, 2021. The complex sold...
Ziegler Closes $154.6MM Bond Financing for Terwilliger Plaza in Portland
CHICAGO, IL – SEPTEMBER 2, 2021 – Ziegler, a specialty investment bank, is pleased to announce the closing of Terwilliger Plaza’s $154,620,000 Series 2021A, Series 2021B and 2021C Bonds issued...
Next Wave Acquires 118-Unit Multifamily Community in Vancouver, Wash. for $23.85MM
Vancouver – Next Wave Investors, LLC (Next Wave) a private equity firm focused on value-add multifamily investments, has acquired Ashley Terrace, a 1993-vintage,...