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Happy Valley apartment complex sells for $51.25 million
HFO Investment Real Estate recently brokered the sale of the 390-unit Monterey Springs Apartments, at 8640 S.E. Causey Ave. in Happy Valley, for $51.25 million.
A lot more than bare necessities
Multifamily developers are increasingly finding that to compete, they must adapt projects to tenants' needs.
Portland Housing Bureau dangles tax-exemption carrot
The 2014 application period is open for the Portland Housing Bureau's Multiple-Unit Limited Tax Exemption program, which provides developers a 10-year tax exemption on the value of structural property improvements in exchange for meeting minimum threshold requirements for affordable housing.
Small multifamily project on tap in Multnomah Village
Ableton Development Group, a Portland-based firm that specializes in residential real estate, recently applied to the city for early assistance with its plans to build a three-story, 22-unit apartment building at 7808 S.W. 31st Ave.
Vacant North Portland property due to gain sizable development
Developer Vic Remmers, via VWR Development, is under contract to purchase three adjacent lots on the northeast corner of North Vancouver Avenue and Fargo Street, where he plans to build a five-story, mixed-use building with roughly 70 to 80 apartment units.
New apartment building attracting tenants
The Addy, a 104-unit building on the corner of Northwest 18th Avenue and Northrup Street, opened at the end of February and is approximately 55 percent leased, according to Meghan Hill, director of marketing for Guardian Real Estate Services.
Ankeny Apartments:42 more units in Southeast Portland
After dropping in price by a couple hundred thousand dollars, a property on East Burnside Street has finally caught the eye of interested developers.
Multifamily going up on S.E. Hawthorne
The U Street Lofts mixed-use project under construction on the 2600 block of Southeast Hawthorne Boulevard will feature 77 units, ranging in size from studios to two-bedrooms, as well as […]
Is the Pearl District ready for more condos?
While apartments are sprouting up around the city, one Portland developer is vetting an idea for something not considered since the recession hit in 2008: condominiums.
South Waterfront apartments to convert retail space into more units
The Matisse Apartments, which was completed in 2010, will convert 16,000 square feet of its ground-floor retail space into 19 new apartments. The retail space has not had a tenant since the building opened.
Parking forum spurs debate on development
People packed a Portland Bureau of Planning and Sustainability meeting room downtown on Tuesday to speak about parking issues related to new multifamily development.
Downtown Portland affordable apartment renovation open for bid
The 11-story Park Tower Apartments building in downtown Portland is getting a makeover. Cedar Sinai Park, an elderly care non-profit, is planning to purchase and renovate the building at 731 […]
News
- Multnomah County commits up to $101.6M for Moda Center
- Portland code changes to take effect in November
- Los Colibris project approved for Portland’s OMSI District
- Pacific Northwest projects totaling $9.9 million in top bidders | Aug. 7, 2026
- Oregon opens infrastructure grant program
- Ex-TV host claps back at Detroit officials in blight case
- 31-unit multifamily project in Portland land use review intakes | Aug. 3, 2026
- $2.4 million office renovation in Portland building permits | Aug. 3, 2026
- Transportation commission weighs ODOT budget cuts
- Lam Research planning $1.7 billion investment in Tualatin
- Pacific Northwest projects totaling $10.6 million in top bidders | July 31, 2026
- Many Oregon counties struggling to maintain their fairgrounds
Commentary
- Beware of when the debt collector comes calling | Opinion
- Assembly of a future workforce begins with an invitation | Opinion
- Beware of overlooking legal requirements for remote workers | Opinion
- Become a critical thinker and transform a workplace | Opinion
- Managing construction risks with international suppliers | Opinion
- A rally with many engines: the lesson of 2026’s first half | Opinion
- Oregon housing challenges persist despite sound and fury | Opinion
- When does an employee’s bullying become harassment? | Opinion
- Ditch disorganization 鈥� the cost of deferred decisions | Opinion
- Consider 10 common risks for healthcare construction projects | Opinion
- Clarifying the reach of a law regarding prevailing wage | Opinion
- Adjust to legal changes now to ensure compliance later | Opinion
