Felida
REAL ESTATE
JLL Arranges $28M Sale of Van Mall Retirement in Vancouver, Washington
VANCOUVER, Wash. — JLL Capital Markets has arranged the $28 million sale of Van Mall Retirement, a 191-unit senior living community in the Portland, Oregon, suburb of Vancouver. JLL represented the seller, Lytle Enterprises, and procured the buyer, a regional Pacific Northwest owner-operator. In addition, JLL procured acquisition financing...
Developers’ deteriorating property attracts city’s attention
A Portland-area development company has run afoul of city code enforcement for letting a century-old commercial building in Sellwood-Moreland fall into disrepair. Portland Permitting & Development ordered the sidewalk closed at Southeast 13th Avenue and Tenino Street in a posted notice dated June 26. The notice cites “damaged and deteriorated siding, trim, fascia and parapet. Fall hazard risk at sidewalks.”
Housing Bureau Expects to Exceed Unit Goals With 2016′s Bond Cash
Housing is usually a gloomy subject in Portland. Here’s some good news. Using a $258.4 million bond passed by voters in 2016, the Portland Housing Bureau says it’s on track to complete 1,859 units in 15 projects, beating its goal of 1,300, according to a report for 2023 presented to the City Council this week by Commissioner Carmen Rubio.
Cedar Hills/Raleigh Hills's 10 most expensive homes sold, July 1-14
A house in Portland that sold for $2.5 million tops the list of the most expensive residential real estate sales in Cedar Hills/Raleigh Hills between July 1 and July 14. In total, 13 residential real estate sales were recorded in the area during the past two weeks, with an average price of $841,653. The average price per square foot was $356.
Aloha's 10 most expensive homes sold, July 8-14
A house in Beaverton that sold for $955,000 tops the list of the most expensive residential real estate sales in Aloha in the past week. In total, 22 residential real estate sales were recorded in the area during the past week, with an average price of $568,225. The average price per square foot was $303.
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