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FeaturedFinanceIndustry NewsPortlandResidential

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...

apartment building facade
FinanceIndustry NewsResidential

Toro Street Acquires 128-Unit Carriage Park in Vancouver for $29.4MM as Jackson Square Properties Exits Walnut Grove

Toro Street has paid $29.4 million for Carriage Park, a 128-unit garden-style community on Vancouver’s NE 72nd Avenue, closing out Jackson Square Properties’...

multifamily construction site
AECFeaturedIndustry NewsPortlandResidential

Portland’s Apartment Construction Pipeline Shrinks 36% to 4,215 Units as Deliveries Slow to 781

Developers delivered 781 apartments across the Portland metro in the second quarter and are carrying just 4,215 units in active construction, a pipeline...

FinanceIndustry NewsNews ReleasesPortlandResidential

Genesis Rentals Sells 15-Unit The Couve Apartments in Vancouver, Wash., for $4.75MM

F. Raymond and Grace E. Lester Family LP recently completed the $4,750,000 (about $316,666 per unit) purchase of The Couve Apartments, a 15-unit...

AECFinanceIndustry NewsNews ReleasesPortlandResidential

Next Wave Acquires 118-Unit Multifamily Community in Vancouver, Wash. for $23.85MM

Vancouver – Next Wave Investors, LLC (Next Wave) a private equity firm focused on value-add multifamily investments, has acquired Ashley Terrace, a 1993-vintage,...

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