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Transactions - MAY 11, 2020

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Vanamor makes first acquisition in Portland market

by Released

Vanamor, a private San Diego–based real estate investor and operator, has announced the acquisition of Blanton Commons in Beaverton, Ore.

Financial terms of the deal were not disclosed.

Blanton Commons is a 32-unit apartment community built in 2018 as well as a historic single-family home commonly known in the community as M.E. Blanton House. The property is located in one of Portland’s most sought-after communities and is situated between Nike’s world headquarters to the east and Intel’s Aloha campus to the west. The immediate location offers residents access to major employment centers and adjacent to the TriMet bus line, which connects to both the WES commuter rail and MAX light rail. Other nearby high-tech companies include Airbnb, Nvidia, Salesforce, and more. Vanamor plans to enhance the unit interiors with light interior upgrades and significantly expand the property through the addition of common area amenities.

According to Bobby Larsen, Vana

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