Fannie Mae
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...
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...
MG Properties Pays $60.8MM for 337-Unit Gresham Apartment Portfolio
Buying at roughly $180,400 per unit — below the Portland metro's current average sales price — MG Properties is adding to a 13-community...
Four-Property, 986-Unit Eugene Multifamily Portfolio Secures $128.23MM in Fannie Mae Refinancing
A 986-unit slate of four Eugene apartment communities reset its debt with $128.23 million in Fannie Mae financing, locking in terms just 25...
Green Light Housing Acquires 160-Unit Carriage House Apartments in Vancouver, Wash. for $35.45MM
Green Light Housing, an Oregon-based affordable and workforce housing developer, has crossed the Columbia River into Washington State with its $35.45 million acquisition...
Great Expectations Closes 102-Unit Puyallup Affordable Housing Project Without Tax Credits
A 102-unit affordable housing development in Puyallup has closed financing without Low-Income Housing Tax Credits therough the combination of recycled tax-exempt bonds, a...
Madison Development Group Lands $60.8MM Fannie Mae Refi on 216-Unit Spruce in West Seattle
Issaquah-based Madison Development Group has secured $60.8 million in Fannie Mae refinancing for Spruce, the 216-unit West Seattle apartment and retail complex it...
Goodman Real Estate Lists for Sale 58-Unit Ellis Court in Seattle’s Belltown
The 1990-vintage waterfront-adjacent building carries a 4.31% interest-only Fannie Mae loan good through 2031 — a financing edge the listing leans on hard...
Demolition Underway on Stalled Bellevue Hotel Foundation, Clearing Path for 146-Unit SRM Affordable Project
The teardown ends a nearly six-year stall on a 4.5-acre Mercer Slough-adjacent site and triggers Phase II of an Amazon-backed development designed to...
Metro Bond Closes In on 5,600 Affordable Homes as Portland Region Confronts 24,000-Unit Shortfall
Greater Portland's voter-approved housing measure is on track to deliver 1,700 more units than originally promised, even as regional demand for low-cost housing...
D.R. Horton Cuts Forecast as Affordability Bites Into Q2 Margins
America Builder's $7.6 billion quarter showed disciplined execution, but Northwest closings tumbled 19 percent and gross margins compressed under the weight of elevated...
The 21st Century ROAD to Housing Act Is Both a Threat and a Lifeline for Developers
A single provision is freezing the build-to-rent pipeline, but the rest of the landmark bill delivers some of the most pro-development federal reforms...
