Portland
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
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
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
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
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
Portland Considers Development Deadline Extensions Due to COVID-19
The Portland City Council is considering extensions of development deadlines for projects in the works that have been impacted by… Read more
Specht Works to Advance PDX Pearl Building Project
Portland-based Specht Development is working to move forward on the Pearl Building East, a proposed seven-story office building in downtown… Read more
In-N-Out Eyes PNW Expansion Closer to Portland
In-N-Out is expanding further into the Pacific Northwest, with a move closer to Portland. Tualatin Mayor Frank Bubenik confirmed the… Read more
Rendina Plans 140K-SF MOB in Downtown Portland
Rendina Healthcare Real Estate is building the first new medical office building project in downtown Portland in 50 years. Rendina… Read more
Vacasa’s Former Pearl District HQ Hits Sublease Market
Portland-based Vacasa listed its former Pearl District headquarters for sublease. The vacation rental firm is offering 37,000 square feet on… Read more
Steelhead Surgical Snags HQ Space at Capstone’s Custom Blocks in PDX
Capstone Partners LLC and JV partner, Premium Property-USA, signed a 18,000-square-foot lease with Steelhead Surgical, Inc. at Custom Blocks in… Read more
Portland Metro Considers Payroll Tax for $7B Transit Plan
The Portland Metro Council is set to vote next week on a $7 billion transportation package encompassing funding from federal… Read more
Oregon’s MF Rental Payment Picture Brightens, But Vacancies See Big Uptick
A June survey for apartment rent collections in Oregon and SW Washington illustrates the shifting trends taking place for owners,… Read more