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Seattle & Northwest  + Oregon  + Apartments  | 

Portland-Area Transit-Oriented MF Trades for $58M

There’s still time to sign up for Connect Apartments planned for September 28th in Los Angeles. Here’s where to get more information and register.

HFO Investment Real Estate completed the sale of Latitude Apartments, a 210-unit, gated apartment community in Portland, OR’s Happy Valley for $58 million. The seller was Bay Area-based investment firm, The Reliant Group, and the buyer was Beverly Hills, CA-based investment company, Kennedy Wilson.

Built in two phases between 2008 and 2014, the sale represents the second largest apartment transaction for Clackamas County this calendar year. The transit-oriented asset consists of 33 three-story apartment buildings and one clubhouse, on 6.89 acres across from Clackamas Town Center.

“Happy Valley is an affluent, educated area with high employment in healthcare, professional services and retail,” said HFO’s Cody Hagerman. “Latitude Apartments is a great example of well-constructed condo-quality housing that is in exceptionally high demand.”

For comments, questions or concerns, please contact Dennis Kaiser

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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.

  • ◦Sale/Acquisition
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