Salem
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...
Clackamas County Advances Data Center Moratorium, Pausing New Applications for Up to 120 Days
Clackamas County commissioners have set in motion a temporary ban on new data centers, overriding a staff recommendation to wait for the Legislature...
Verrus Proposes Oakline Data Center Campus in Salem’s Mill Creek Corporate Center
Verrus is pitching a three-building data center campus for a Heritage Oak-studded corner of Salem’s Mill Creek Corporate Center, betting that a battery-backed,...
IRG Completes Multi-Million-Dollar Overhaul of 528,000 SQFT Former NORPAC Plant in Stayton, Ore.
Industrial Realty Group has finished a top-to-bottom redevelopment of the shuttered NORPAC food-processing plant in Stayton, Oregon, converting more than 528,000 square feet...
Portland Posts Nation’s Second-Worst Metro Construction Loss as Oregon Sheds 1,900 Jobs
The Portland-Vancouver-Hillsboro metro lost 4,900 construction jobs over the year ending March, ranking 359th of 360 U.S. metros in absolute losses and trailing...
Oregon Tourism Clears $14.6 Billion as Portland Hotel Distress Tests the Recovery
Statewide visitor spending and 122,900 jobs mask a two-speed market where rural destinations boom and Portland lodging assets trade at deep discounts Oregon’s...
Fourth Avenue Capital Acquires New Construction 174-Unit Spring Woods Apartments in Salem for $39.3MM
The Seattle-based middle-market multifamily firm’s acquisition at approximately $225,862 per unit continues its strategy of targeting newly built assets below replacement cost in...
Oregon Lawmakers Approve $2.1MM to Acquire 180-Acre Abiqua Falls Property Near Silverton
The bipartisan deal secures a beloved 92-foot waterfall listed on Redfin, but state park officials warn that millions more will be needed to...
Rhino Investments Group Secures $42.8MM to Refinance Multi-State Retail Portfolio that Includes 109,000 SQFT Salem, Ore. Property
Life Company Execution Supports Lease-Up and Preserves Asset-Level Flexibility for Rhino Investment Group Properties in California, Illinois, Oregon, and Wisconsin Irvine, Calif. (February...
204-Unit Willamette Park Apartments in West Salem Trades for $46.3MM in Q4 2025
The transaction values the 2007-vintage community at approximately $226,961 per unit, marking one of the largest multifamily sales in Salem’s history. Willamette Park,...
Portland Multifamily Market Closes 2025 With Shrinking Pipeline, Improving Vacancy, and $1.76 Billion in Transactions
HFO’s Q4 Marketwatch report finds construction starts at decade-low levels, absorption outpacing deliveries, and institutional buyers re-engaging as the metro positions for a...
Oregon’s Economy Surges Past National Growth Rate at 4.7% in Q3 2025
The Beaver State narrows its gap with national GDP growth as Portland’s tri-county metro area accounts for more than half of the state’s...
