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Seattle & Northwest  + Portland  + Apartments  | 
SB Real Estate Partners has made its first acquisition in the Portland, OR market with Bridge Creek Apartments in Vancouver, WA

SB Real Estate Establishes New Target Market with $75M Buy 

SB Real Estate Partners (SBREP) acquired Bridge Creek Apartments, a 270-unit garden style multifamily community in the Portland, OR submarket of Vancouver, WA, for $75 million. The property will be rebranded as Portola Bridge Creek. 
 
“Portola Bridge Creek represents SBREP’s commitment to building out a significant footprint in the Portland apartment market,” said SBREP’s founder & managing principal, Srijin Bandyopadhyay. It’s a new target market for Irvine, CA-based SBREP, which will continue building out its portfolio across the Phoenix, Vegas and Inland Empire regions.  

 
Built in multiple phases from 1984 to 1989, the property is located at 9211 NE 15th Ave., in the Hazel Dell North area of Vancouver. The property’s unit mix consists of one-, two- and three-bedroom floor plans ranging from 650 to 1,150 square feet. SBREP plans a $4-million capital improvement program to enhance the property exterior / curb appeal, common area amenities and unit interiors. 

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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