Portland Metro Busts Through $3 Billion in Apartment Sales Setting a New Record Year

Two recent apartment sales helped Portland exceed its prior multifamily sales record. The Portland Business Journal reports that the recent sales of these two large properties helped propel sales to a new level:

• 423-unit Seven West in Beaverton (purchased by Graystar) for about $145 million 
• Downtown Portland’s 178-unit 10th @ Hoyt (sold by Prometheus Real Estate Group) for about $75 million.