MG Properties
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...
MG Properties Pays $53MM for 164-Unit Woodcreek Apartments in Lynnwood
The acquisition marks MG Properties’ latest move in a Seattle-area buildout that has added roughly a dozen communities since 2015, following its $95.6...
Portland Apartment Vacancy Tightens to 7.1% as Values Slide 13% and Cap Rates Widen to 6.4%
Portland’s apartment market has split in two: leasing fundamentals are quietly repairing themselves as demand outruns a collapsing supply pipeline, while the capital...
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...
MG Properties Buys 344-Unit Dockside Apartments in Kent for $95.6MM
By The Registry Staff A large apartment complex in Kent has traded hands. The Dockside Apartments have sold for $95.6 million, or about...
Report: Portland Multifamily Market Faces Headwinds Despite Strong Occupancy
The Portland multifamily real estate market is navigating challenging conditions, with rents declining despite occupancy rates outperforming national averages. According to the latest...
Portland’s Multifamily Market Faces Rising Vacancy and Declining Construction in Q4 2024
Portland’s multifamily sector saw notable shifts in the fourth quarter of 2024, with vacancy rates rising and new construction slowing. According to the...
MG Properties Sells 345-Unit Beaumont Apartments in Woodinville for $135.6MM
By Kate Snyder An apartment complex in Woodinville has a new owner. According to King County public records, the Beaumont Apartments were sold...
RISE Properties Sells 357-Unit Alaire Apartments in Renton for $108.5MM
By Kate Snyder Another apartment community in Renton has traded hands. The Alaire Apartments were purchased by an entity affiliated with Greystar for...
KKR Acquires $2.1B Multifamily Portfolio from Quarterra
Portfolio of 18 High-Quality, Class A Assets Concentrated in Coastal and Sunbelt Markets NEW YORK & CHARLOTTE, N.C.–KKR, a leading global investment firm,...
RISE Properties Sells Artesia Apartments in Everett for $61.6MM
SEATTLE, WA — May 24th, 2023 — RISE Properties Trust (“RISE”) a Canadian real estate trust based in Seattle, today announced the sale of Artesia Apartments,...
Magnolia Apartments in Seattle Sold for $19.5MM
By Meghan Hall California investors continue to pour money into the Puget Sound investment market as the region’s economy grows. In a deal...
