Oregon
KKR Cuts Deal with CRG for Wholesale Grocers-Leased Property in Portland
KKR acquired The Cubes at Troutdale, a 350,000-square-foot speculative industrial facility located in the Troutdale Reynolds Industrial Park on Portland’s… Read more
Where to Find Some of the Best Opportunity Zone Opportunities
A widespread group of mostly-impoverished, densely-packed urban neighborhoods offers some of the best potential for Opportunity Zone investment, according to… Read more
MG Properties Group Acquires Multifamily Asset in Vancouver
San Diego-based MG Properties Group acquired the Hearth Apartment Homes in Vancouver, WA. The 179-unit community was completed in 2019… Read more
Trion Enters Denver Market with $38M MF Acquisition
Trion Properties acquired The View at North Peak, a 288-unit multifamily community in Northglenn, CO, a suburb of Denver, from… Read more
Oregon Extends Mortgage Forbearance Mandate
Oregon Governor Kate Brown issued an executive order extending Oregon’s foreclosure moratorium through December 2020, citing the continuing COVID-19-related recession.… Read more
Multnomah County Comes Off State’s COVID-19 Watch List
Oregon Governor Kate Brown removed Multnomah County, Oregon’s largest by population, from the state’s County Watch List, along with Hood… Read more
SKB JV Acquires Pair of Historic Brick & Beam Buildings in PDX’s Old Town District
ScanlanKemperBard (SKB) formed a joint venture with Harbert Management Corporation and acquired the Mason Ehrman Building and Annex, located in… Read more
Oregon Jobs Recovery Continues, Albeit Slower in July
Oregon’s total nonfarm payroll employment rose by 20,500 jobs in July, following a gain of 57,000 jobs in June, according… Read more
Design Commission Okays Cairn Pacific MF in NW Portland
Cairn Pacific received an approval from the Portland Design Commission for Con-way Block 291E, a seven-story multifamily development in downtown… Read more
CIBC Funds Refinance of Historic Portland Office Building
JLL Capital Markets refinanced the American Bank Building, a 15-story, creative office property totaling 170,382 square feet in Portland. A… Read more
Portland’s Largest Development Zoning Overhaul Since 1990s Finalized
New zoning rules now allow higher density residential development in Portland. The city council approved the Residential Infill Project, the… Read more
Walker & Dunlop Arranges $52M Bridge Loan for Beaverton MF
Walker & Dunlop arranged bridge financing in the amount of $51,884,493 for The Rise Central, a newly built, 230-unit apartment… Read more
Prosper Portland Finalizes Deal with Broadway Corridor Developer
Denver-based Continuum Partners reached a deal with Prosper Portland and the Portland Housing Bureau to redevelop northwest Portland’s Broadway Corridor… Read more
Canyon Partners, SKB Invest in Tigard Triangle Opportunity Zone MF
Canyon Partners Real Estate LLC, ScanlanKemperBard Companies (SKB) and Diamond Investment Group formed a JV to develop The Overland, a… Read more
Dwight Capital Finances PDX MF
New York-based Dwight Capital closed a $10.9 million HUD 223(f) loan for The Rose Apartments, a 90-unit affordable and sustainable… Read more
Clarion Claims PDX Logistics Facility from PCCP, Capstone for $44M
NY-based Clarion Partners acquired PDX Logistics Center III and IV in Portland from Capstone Partners and PCCP for $43.5 million.… Read more
Seattle Sees Sharp Drop in Construction Starts First Half of 2020
The COVID-19 pandemic and resulting recession crushed construction starts in most U.S. metro areas during the first half of 2020.… Read more
Prologis Inks Deal with Darigold at Emerald Gateway
Prologis signed a more than 284,000-square-foot lease at Emerald Gateway with Seattle-based Darigold. The planned 1.25-million-square-foot megaproject is located south… Read more
Nathan’s Famous Partners with REEF Kitchens
Nathan’s Famous, Inc., a New York City tradition now headquartered in Jericho, NY, is partnering with REEF, one of the… Read more