The Cameron Apartments

The Property:
The Cameron Apartments is a new, 83-unit boutique apartment asset in downtown Portland near Portland State University. Designed to appeal to downtown’s professional and student population, the property’s interiors feature custom cabinetry, granite counters and oversized windows.

Challenges:
The Cameron was brought to market before its certificates of occupancy were issued and it was not fully leased with a stabilized income. HFO demonstrated to investors how repositioning the building’s management would benefit the asset.

Results:
The Cameron was sold after a very brief marketing period while lease-up was still in progress.