Oregon
Southern U.S. Will Lead 2020 Home Price Growth
Housing markets in the southern half of the U.S. will perform the best in 2020, according to economists and real… Read more
San Diego Investor Acquires Two Pacific Northwest MFs for More than $305M
MG Properties Group acquired two multifamily communities; the Pallas Apartments in Beaverton, OR and the Tivalli Apartments in Lynnwood, WA… Read more
Kennedy Wilson Claims Five-State MF Portfolio for $342M
Beverly Hills, CA-based Kennedy Wilson acquired five multifamily properties in an off-market transaction with an undisclosed seller for $342 million.… Read more
OpenTable Ranks Top 100 Restaurants in America
Online restaurant reservation website OpenTable has revealed the top 100 restaurants in America for 2019, according to OpenTable diners. The… Read more
JLL Handles $34M Silicon Forest MF Deal
Terra Murrayhill, a 137-unit, garden-style apartment community in Beaverton, OR, has traded hands for $34.1 million. JLL marketed the property… Read more
Pacific Northwest’s Largest Single Asset Sale Completed in Centralia
Pennsylvania-based Exeter Property Group acquired a newly-constructed 1.15-million-square-foot food grade industrial dry warehouse and cooler/freezer distribution facility located at 4002… Read more
In-N-Out Burger Pushes Farther North into Oregon, Opens at Keizer Station
In 1948, Harry Snyder opened In-N-Out Burger, California’s first “drive-thru” hamburger stand. Today, hamburgers are still made-to-order, shakes are still… Read more
Cresa Promotes Sean Heaton, Blake St. Onge to New Roles in Portland
Cresa promoted Sean Heaton and Blake St. Onge to principal in the firm’s Portland office. Heaton opened Cresa’s Portland office… Read more
Vacancy Control, Not Rent Caps, is the Worry: Coldwell Banker Commercial’s Q&A with Flynn Investments’ Russell Flynn
Multifamily rent control is at the top of the commercial real estate news, leading many to make dire predictions about… Read more
Black Creek Bags Gresham Logistics Campus for $93M
Vista Logistics Park, a three-building 733,232-square-foot industrial campus in Gresham, OR, sold for $93.25 million. Denver-based Black Creek Group acquired… Read more
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… Read more
Shorenstein Sells South Portland Waterfront Campus to Canadian Investor
San Francisco-based Shorenstein Properties LLC sold River Forum, a 209,000-square-foot office campus in Portland to Clarity Real Estate, a Vancouver,… Read more
Kidder Mathews Tapped for PacWest Link Industrial Portfolio
Kidder Mathews has been assigned management duties for a sizable industrial portfolio owned by Link Industrial Properties. The assets are… Read more
JLL Arranges Refi for Repositioned PDX Property
Canadian investor Clarity Real Estate and its affiliated private equity fund secured an $18.2 million bridge loan to refinance 1500,… Read more
Legislation Introduced to Reform Opportunity Zones Program
In the wake of criticism and media reports about potential abuses pertaining to the Opportunity Zone program, legislation has been… Read more
Kroger’s Seattle QFC Stores First to Grow Produce On Site
Cincinnati-based The Kroger Co. plans to grow produce on site at two Seattle-area QFC stores. America’s largest grocery retailer is… Read more
Trends in Seniors Housing: What’s Working and Where?
Recent seniors housing data is giving industry leaders hope that the market will stabilize soon. Though the occupancy rate decreased… Read more
Alliance’s Holden of Pearl Advances in Portland
Alliance Realty Partners submitted a building permit to develop Holden of Pearl, a 16-story senior living community in Portland. The… Read more
Report: U.S. Multifamily Market Stays Strong Going into 4th Quarter
The average U.S. multifamily rent rose to a new high of $1,476 in October 2019, according to a recent report… Read more