Pacific Urban Investors Expands Portland Metro Portfolio

Pacific Urban Investors Expands Portland Metro Portfolio
News| June 19, 2025| Jasmine Kilman
Seattle & Northwest + Apartment Buildings

Multifamily owner-operator and investment manager Pacific Urban Investors has acquired Meadow Creek, now renamed Ansley Murrayhill, a 304-unit apartment community in Tigard, Oregon.

The acquisition of Meadow Creek brings Pacific’s Portland metro portfolio to 2,610 units across 10 properties. Meadow Creek is a two-story, garden-style community with 608 parking spaces.

Located in the Murrayhill neighborhood of Washington County, the property offers short commutes to large employers in the MSA, including Nike and Intel, and immediate access to retail offerings.

“In addition to the robust amenity set, there is ample green space between buildings, offering a pleasant living experience for residents,” said Zach Williams, Vice President of Investments at Pacific. “We are excited to add this community to our portfolio given the quality of the building and site, market fundamentals, and prospects for continued growth.”

Other News

Multifamily Refinancing Squeeze: 41% Higher Costs, $6.8B Equity Gap

Apartment Buildings

Multifamily owners with loans coming due are faced with higher refinancing costs. While this isn’t news, Newmark put numbers to the issue, indicating that loans maturing in Q3 2026 carried an average interest rate of 4.04%, compared to 5.69% on new loans at an average cap rate of 5.5%, resulting in negative leverage. At the...

Learn more

Mortgage Rates Tilt Demand Toward Multifamily: Marcus & Millichap

Apartment Buildings

An increase in mortgage rates is cooling home sales, with multifamily the biggest beneficiary, according to John Chang, senior vice president at Marcus & Millichap. In a recent video, Chang said that the 10-year Treasury has risen by more than 100 basis points, and the 30-year mortgage rate is up about 130 bps to the...

Learn more

Revere, MA Weighs 1,700-Unit Housing Project

Boston & New England + Apartment Buildings

The city of Revere is eying a large redevelopment plan that would create 1,700 new affordable and market-rate homes about five miles northeast of downtown Boston. The Revere Housing Authority presented a proposal to the Revere City Council last week requesting a zoning change that would allow for development on a 40-acre site at Cooledge...

Learn more
New call-to-action

Brokers

View All

Lenders

View All

Management

View All
Login
or
Sign up