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 broader recalibration playing out across the city's central residential market. Irvine-based real estate investment firm FPA Multifamily LLC has purchased Cyan PDX, a 352-unit apartment tower at 1720 SW Fourth Ave. in […]