A partnership between Fore Property Co. and Principal Real Estate Investors has sold Northpointe, a 158-unit luxury multifamily property located in Portland, Ore.
An affiliate of The Wolff Co. purchased the asset; however, the sales price was not disclosed.
Completed in 2019, Northpointe totals 106,568 residential square feet and 3,748 square feet of commercial space. The property offers studio, one- and two-bedroom floorplan options that boast luxury-grade, modern finishes, such as quartz countertops, in-home washer and dryers, stainless steel appliances, solar shades, and luxury vinyl plank flooring, with private balconies or patios and walk-in closets in select units. Community amenities include a 24-hour fitness center, conference room, rooftop deck with mountain views, and an outdoor entertainment area with firepits and a social lounge.
Located at 1314 N Skidmore St. in one of Portland’s most transit-oriented neighborhoods, Northpointe is within walking d
