Cityview has acquired Burnside 26, a four-story podium-style apartment community in Southeast Portland that features 135 homes with 1,300 square feet of available restaurant space.
Burnside 26 is located in a highly desirable, amenitized and walkable submarket 1.5 miles east of downtown and across the river with bustling entertainment and nightlife, including 64 restaurants and bars within a four-block radius. One of only seven institutional properties in the nearby residential upscale submarkets, the property maintains an impressive walk score of 97 and bike score of 99, with front-door access to one of Portland’s hottest neighborhoods.
“This is an exciting project for Cityview because it allows us to continue our mission of providing and maintaining workforce housing in cities with strong demand drivers, robust employment and population growth, and a diverse employer base,” said Sean Burton, CEO of Cityview. “With home prices in this area exceeding $600,000,
