High-rise commercial buildings

Sub Markets

Property Sectors

Topics

Seattle & Northwest CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

New call-to-action
Seattle & Northwest  + Portland  + Finance  | 

Trion Snags Trio of PDX MF’s for $26M

Trion Properties acquired a portfolio of three multifamily assets totaling 162 units in the Portland metro for $26.05 million. The portfolio was acquired from NBP Capital.

The properties include Aster Parc Townhomes, a 62-unit community in Aloha (pictured); Parker Apartments, a 48-unit community in Beaverton; and York Apartments, a 52-unit community in Tigard.

Trion Properties’ Max Sharkansky says, “The three multifamily properties in this portfolio are of 45-to-50-year vintages and have been well-maintained and modernized with capital improvements in recent years. Based on our experience with similar properties in the submarket and existing community relationships, we are ideally positioned to enact our proven strategy of light renovations, rebranding, and efficient, hands-on management to quickly unlock further upside potential and maximize return-on-investment.”

HFO Investment Real Estate’s Rob Marton represented the buyer. Continental Partners arranged a $19.06 million loan to finance the acquisition.

The acquisition of this portfolio brings Trion’s greater Portland area holdings to nine properties, totaling approximately 650 units.

For comments, questions or concerns, please contact Dennis Kaiser

Connect

Inside The Story

Connect With Trion Properties’ SharkanskyConnect With NBP CapitalConnect With HFO Investment Real Estate’s Marton

About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

  • ◦Financing
  • ◦Sale/Acquisition
New call-to-action
New call-to-action
New call-to-action