Portland

1143 Articles

1990s-Vintage Apartments Drive More Than a Third of Portland Sales as Median Price Slides 13% to $183,800 per Unit

Portland multifamily investors spent the first quarter rotating hard into 1990s-built product, much of it changing hands below what the same assets fetched...

$7.4MM Permanent Loan Secured to Refinance 70-Unit Treehouse Apartments in Portland

A private real estate investor has refinanced the 70-unit Treehouse Apartments at the doorstep of Oregon Health & Science University's Marquam Hill campus...

BentallGreenOak Buys 301-Unit Savanna at Reed’s Crossing for $160MM in Hillsboro

The $531,561-per-unit price BentallGreenOak paid for a Hillsboro apartment community delivered last year runs roughly triple what suburban Portland-area apartments have been fetching,...

Edlen & Co. List for Sale 271,000 SQFT Power + Light Historic Office Tower in Portland

JLL has put one of downtown Portland's most architecturally distinct office towers on the market, betting that a nearly two-thirds-vacant historic building can...

Grand Peaks, PCCP Acquire 424-Unit West End District Apartments in Beaverton

Denver-based Grand Peaks has expanded its Pacific Northwest footprint with the purchase of a Beaverton apartment complex built on the bones of a...

TCC Breaks Ground on 295,000 SQFT Phase II of Sewell Corporate Park in Hillsboro

Trammell Crow Company is doubling down on Hillsboro's tech corridor even as the broader Portland industrial market posts its weakest leasing activity since...

Fourth Avenue Capital Buys 87-Unit Steppe Apartments in Bend for $20MM

CBRE brokered the sale of a brand-new, 87-unit apartment community in Bend, Oregon at a per-unit price below what a similar Bend property...

Oregon Ranks Third in the Nation for School Battery Storage, New Report Finds

A new national census of clean energy in K-12 schools ranks Oregon third in the country for battery storage and places Washington among...

FPA Multifamily Buys 352-Unit Cyan PDX in Downtown Portland for $61MM

A trophy downtown Portland high-rise has changed hands at a steep discount to its last sale, a repricing that lines up with a...

Portland Multifamily Supply Collapses to 2,550 Units as Institutional Capital Returns Ahead of Recovery

Portland's apartment construction pipeline has fallen roughly 80 percent from its 2022 peak while renters keep absorbing units, and the institutional capital that...

The Pacific Northwest Now Has the Nation’s Smallest New Apartments

Seattle, Portland and Tacoma occupy the three smallest spots on the national apartment-size ranking, the product of a building cycle across the Pacific...

VIDA Coworking to Open 10,000 SQFT Location at Montgomery Park for Third Portland-Area Location

VIDA Coworking will open its third Portland-area location this October inside NW Portland's historic Montgomery Park building, extending the women-focused flexible office operator...