Oregon
Portland Industrial Completions Slow But Land Bidding Wars Likely
The Portland economy is slowly bouncing back in 2021, as the state fully reopened on June 30. As local businesses… Read more
Mesa West Provides $188M of Financings in Chicago, Phoenix and Portland
In the largest of three separate multifamily financings, Los Angeles-based Mesa West Capital provided a joint venture between Chicago developer… Read more
Russell Apartments is First Buy for Trion’s Newest Fund
Trion Properties recently acquired the Russell Apartments, a 68-unit multifamily community less than three miles from downtown Portland, for $19.7… Read more
Victoria Arbors is MG Properties’ 10th Inland Empire Acquisition
MG Properties Group recently acquired Victoria Arbors Apartment Homes for $137.6 million from Sares Regis Group. This 319-unit suburban garden-style… Read more
Ampere Computing Renews Space at Tanner Point
Ampere Computing LLC has signed a deal to renew its existing 40,169-square-foot lease and expand by an additional 57,296 square… Read more
MG Gravitates Toward Centra Opportunity
MG Properties Group recently acquired Centra for $74.5 million from FORE Property. This five-story 223-unit property in Midtown Phoenix was… Read more
Autumn Grove Buy is Calida Group’s First in Portland MSA
Autumn Grove, a 148-unit multifamily asset in Vancouver, WA, was completed in three phases. After receiving its certificate of occupancy… Read more
Ball Janik Doubles Down on Commitment to Portland
Ball Janik LLP recently signed a lease renewal for a 17,348-square-foot 10-year lease in its existing building, One Main Place,… Read more
The Element’s Pedestrian Location is Key for Financing
Strong demand for student housing led to the $26.92 million in financing for the acquisition of The Element Communities, four… Read more
Source Expands Resource Centers to Six U.S. Cities
Commercial construction startup Source announced the expansion of its resource centers to six major U.S cities. The resource centers will… Read more
RISE Picks Up Preserve at Sunnyside with Value-Add in Mind
Seattle-based RISE Properties Trust, a Canadian real estate trust, recently acquired the Preserve at Sunnyside Apartments, a 108-unit garden-style community… Read more
Harrison Street Buys, Sells in $1.6B of Transactions
Chicago-based Harrison Street has agreed to purchase 24 seniors housing assets and sell 14 medical office properties across eight states, multiple… Read more
Housing Relief is on the Way with Fountain Place Redevelopment
Further relief is near for Portland’s tight affordable housing market as construction draws to a close on Home Forward’s renovation… Read more
Kado Gets $49M Refi for Construction Debt
Kado NW, a 196-unit multifamily community located at 1378 NW 18th Ave. in the Portland CBD, was completed in 2019.… Read more
Brookfield Properties Acquires Newland, Expands Footprint
In a strategic effort to capitalize on current market conditions, Newland is joining Brookfield Properties. This acquisition of Newland and… Read more
brookLAND is Underway in Portland’s Brooklyn Neighborhood
Portland-based Ethos Development LLC recently broke ground on brookLAND, a 166-unit multifamily housing development in the Brooklyn Neighborhood of SE… Read more
North Pointe Sells to Investors Capital Group for $25M
Multifamily continues to shine even as the COVID cloud begins to lift in many areas. A recent example is North… Read more
Tualatin Multifamily Borrower Intends to Deploy Capital for Upgrades
A $15.6 million acquisition and rehab loan was recently arranged for a 74-unit garden-style multifamily property in the Portland suburb… Read more
Exeter Goes Beyond the Typical Submarket for Industrial Buy
In investors’ search for often-elusive industrial properties, some have turned to lesser-known submarkets for opportunities. Such was the case for… Read more