Portland
Mill Creek Divests Newly-Built Portland Pearl District MF Tower to California Investor
Larkspur, CA-based Virtú Investments acquired Modera Davis, a 204-unit, luxury high-end residential community located in Portland’s Pearl District. JLL marketed… Read more
Portland’s Rose Quarter Environmental Report for $715M Project Adequate, Not Explained Well
An independent peer review found that Oregon’s Environmental Assessment for the $715-million Rose Quarter freeway project was technically sound, but… Read more
Dayton Street Inks Full-Building Tenant at New Construction
Johnstone Supply signed a full-building lease for Dayton Street Partners’ newly constructed distribution center located at 4150 N. Knox in… Read more
Vacasa Secures $108M in New Funding
Portland-based Vacasa received $108 million in new investment from a trio of previous investors, including Silver Lake, Riverwood Capital and… Read more
Smart Foodservice Portfolio Trades Hands
Kidder Mathews’ Erik Swanson and Mike King executed the $10.95-million sale of a 40,000-square-foot Smart Foodservice portfolio. The two-property portfolio… Read more
Wood Partners’ Alta Centric MXU Approved by Portland Design Commission
Wood Partners received an approval from the Portland Design Commission for Alta Centric, a mixed-use residential development in the Goose… Read more
May MF Rent Collections for Oregon, SW Washington Offer Optimism About Future
Entering the second month of the COVID-19 global pandemic, many owners and managers of multifamily properties in the Northwest were… Read more
Omar Rawi Leaves Greystar for LPC West
In a move to drive its expansion into the mixed-use sector, LPC West hired real estate industry veteran Omar Rawi… Read more
Gerding Edlen “Virtually” Breaks Ground on Portland Treatment Center
Portland dignitaries and community members, including Portland Mayor Ted Wheeler and Speaker of the House Tina Kotek, recently gathered virtually… Read more
SKB Recaps 70-Acre Portland Metro Business Park
Portland-based ScanlanKemperBard (SKB) completed the recapitalization of Parkway Woods Business Park, a 378,300-square-foot suburban campus on 70-plus acres in Wilsonville,… Read more
JLL Arranges Financing for Portland’s Block 40
JLL Capital Markets arranged construction financing for the development of Block 40, a 232-unit, luxury multi-housing project in Portland’s South… Read more
April MF Rent Collections for Oregon, SW Washington Better than Expected
Not since 2008 has there been such a dramatic shift in the rental market as in the past month, as… Read more
Two Washington Firms Ranked on NMHC’s List of Top 50 Largest MF Owners
A pair of Pacific Northwest apartment companies were recognized by the National Multifamily Housing Council (NMHC) on its 2020 NMHC… Read more
Harsch Converting Former Wapato Jail to COVID-19 Facility in Northwest Portland
Bybee Lakes Hope Center signed a deal to take space at Harsch Investment Properties’ 155,000-square-foot facility in northwest Portland. The… Read more
ScanlanKemperBard Secures Acquisition Financing for Portland Metro Business Park
Portland-based ScanlanKemperBard (SKB) acquired Parkway Woods Business Park in Wilsonville, OR. The property is a 390,233 rentable square foot office,… Read more
Domain Capital, Simpson Housing Form $1B JV with PFA Pension
Atlanta-based Domain Capital Group, LLC’s subsidiary, Domain Capital Advisors, and Simpson Housing LLLP completed a joint venture with PFA Pension… Read more
Portland’s Broadway Tower Office Development Sells for $133M
The office condominium interest in Portland’s 19-story, newly-constructed Broadway Tower has changed hands in a record deal reportedly in the… Read more
Oregon Advances $795M Rose Quarter Improvement Project
The Oregon Transportation Commission voted to move forward on an environmental assessment for a $795-million project to widen and improve… Read more
Seattle Drops on Construction Crane Index
Seattle no longer holds the crane count crown on Rider Levett Bucknall’s Crane Index. The Emerald City’s 36 cranes is… Read more