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AECIndustry NewsPortlandResidential

Deacon’s 225-Unit West Main Commons Rises in Battle Ground After Years of Delay

Four years after Battle Ground's council narrowly approved an $85 million mixed-use plan for West Main Street, Deacon Development's apartments are slated for...

apartment building with trees in front
FinanceIndustry NewsPortlandResidential

Bridge Investment Group Acquires 180-Unit River Ridge Apartments for $50.1MM in Tualatin, 28% Below 2022 Price

Four years after Security Properties and Oaktree paid $70 million at the market's peak, the 2017-vintage Tualatin River community has reset by nearly...

apartment building facade
AECIndustry NewsResidential

Synergy Files Permits for $65MM, 17-Story, 165-Unit Third and Battery Apartment Tower in Seattle’s Belltown

A Belltown corner has a permit filing for 165 units, at a time when Kidder Mathews reports Seattle apartment deliveries down 53 percent....

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FinanceIndustry NewsResidential

104-Unit Heritage Square Apartments in Puyallup Trades for $25MM

Heritage Square Apartments, made up of four-unit buildings with 1,100-square-foot two-bedroom homes listed at $1,950 a month, has changed hands while developers across...

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FinanceIndustry NewsPortlandResidential

Builders and Funds Sell $320MM of Portland Apartments in Q3 as Per-Unit Prices Rise 11.9% Despite Higher Cap Rates

Five Portland-area apartment communities totaling 1,302 units traded for nearly $320 million in the third quarter, as builders and institutional funds sold to...

apartment building
FinanceIndustry NewsPortlandResidential

MG Properties Acquires 188-Unit Tupelo Alley From Holland Partner Group for $57.2MM in North Portland

Priced 54 percent above the metro's average per-unit sale, the deal shows a national buyer paying a steep premium for walkable inner-Portland product...

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FinanceIndustry NewsPortlandResidential

Rise Properties Sells 178-Unit 10th @ Hoyt in Portland’s Pearl District for $40.4MM

A California family office has bought a 2004 Pearl District apartment building from Rise Properties for about $227,000 per unit, roughly 46 percent...

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FinanceIndustry NewsResidential

Cadence Real Estate Acquires 132-Unit The Court at Northgate in Seattle for $29MM

Seattle value-add investor Cadence Real Estate has bought a 1978 apartment complex a short walk from the Northgate Link light rail station for...

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AECIndustry NewsResidential

Greystar Opens 289-Unit The Views at Angle Lake Next to SeaTac Light Rail Station

Greystar has opened its 289-unit apartment complex across from the Angle Lake light rail station, finishing on roughly the schedule it set at...

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FinanceIndustry NewsResidential

183-Unit 9 North Apartments, a Converted Hotel in Yakima, Hits Market for $13MM

The 183-unit 9 North Apartments, a converted hotel near downtown Yakima, is listed for $13MM, or about $71,000 per unit, at a 6.13...

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FinanceIndustry NewsResidential

47-Unit Stream 403 Apartments on Seattle’s Capitol Hill Sells for $20.4MM

The 47-unit Stream 403 apartments at 403 Belmont Ave. E on Seattle’s Capitol Hill sold for $20.4MM, or about $434,000 per unit.

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FinanceIndustry NewsResidential

FPA Multifamily Buys 283 Units Across Two Olympia Apartment Communities for $43.7MM

FPA Multifamily buys Evergreen Garden and Rock Maple Village, 283 units in Olympia, for $43.7MM, or $154,417 per unit, from developer Bender Equities.

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