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River Ridge

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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...

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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...

FinanceIndustry NewsPortlandResidential

Security Properties Acquires Tualatin, OR River Ridge Apartments for $70MM

SEATTLE, June 14, 2022 -- On June 9, 2022, Security Properties purchased River Ridge, a Class A multifamily property located in Tualatin, OR for $70,000,000 ($388,888 per unit). Security Properties...

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