Research - FEBRUARY 24, 2014

To read this full article you need to be subscribed to Newsline.

Sign in Start Your Free Trial Now View Purchase Options

Portland multifamily continues to shine

by Reg Clodfelter

After 2013 ended with the best quarter since the global financial crisis for multifamily transactions in Portland, Ore., transaction totals (including pending deals) in first quarter 2014 have already surpassed the year-over-year totals from first quarter 2013 by nearly $10 million with nearly half the quarter to go, according to data from Real Capital Analytics. This is further evidence that capital is slowly making its way out of the primary markets and into secondary metropolitan areas. This move can be especially important for multifamily investors, as many experts think that the sector is fully priced in the United States, forcing investors to find capital in value-add plays and secondary markets.

Fourth quarter 2013 saw more than $448 million in multifamily transactions in the Portland area — the highest total since the GFC and a year over year increase of  $87 million. The total wa

Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?

Close your account?

Your account will be closed and all data will be permanently deleted and cannot be recovered. Are you sure?

We respect your privacy! Please give consent for processing data as described in our Privacy Policy