State: Oregon - OR

REBusiness Online An affiliate of Abacus Capital Group has paid $96.7 million, or $219,772/unit, for the 440-unit Lumina Apartments in Gresham, Ore. The New York investment manager purchased the property from an affiliate of Grand Peaks of Denver. The Lumina, ...

Dwight Mortgage Trust has provided $44 million of short-term financing for the recently completed Timberview Apartments and Townhomes in Oregon City, Ore. The loan, by the mortgage REIT affiliate of Dwight Capital, is designed to retire construction financing, which was ...

KBS Growth & Income REIT Inc., which in 2016 had acquired the 219,742-square-foot Commonwealth office building in downtown Portland, Ore., has lost the property in a foreclosure. It had purchased the property in 2016 for $69 million, funding it with ...

Affinius Capital LLC has provided $162 million of mortgage financing against a pair of student-housing properties with a total of 583 units in Seattle and Eugene, Ore. The properties are the Accolade with 226 units and a 597-bed capacity at ...

Commercial Real Estate Direct Staff Report Waterton has paid $52 million, or $293,785/unit, for the Parker, a 177-unit apartment property in Portland, Ore. The Chicago investment manager purchased the property from an affiliate of Invesco Real Estate of Atlanta. The ...

Dwight Capital has provided $31.15 million of mortgage financing under the U.S. Department of Housing and Urban Development's 223(f) program for Outpost 44, a 130-unit apartment property in Bend, Ore. The loan was arranged by McBride Capital on behalf of ...

KeyBank Community Development Lending and Investment has arranged financing commitments totaling $67.2 million in the form of construction and permanent financing, as well as low-income housing tax credits, to fund the purchase and renovation of the Grace Peck Terrace Apartments, ...

Rentv.com Inspired Healthcare Capital has paid $35 million, or $294,117/unit, for Crescent Park, an age-restricted apartment property with 119 units in Eugene, Ore. The Scottsdale, Ariz., company purchased the three-story property from an unnamed investment management firm that was represented ...

Multi-Housing News A venture of Lincoln Property Co. and Bridge Investment Group has opened the Sutton, a 236-unit apartment property in Portland, Ore. Lincoln, of Dallas, and Bridge Investment, of Salt Lake City, built the property at 1550 NW Naito ...