Ryan Companies US, Inc. and Cogir Senior Living hosted the grand opening of Cogir of Tigard, a resort-style senior living community with 107 independent, assisted living, and memory care residences.
Located at 9244 Southwest Oak Street, nine miles from Portland, the three-story community features a variety of amenities including several dining venues, salon, fitness center, library, theater, and activity rooms. An art room is also available to residents, as well as a community dog park and putting green.
Serving as the builder of Cogir of Tigard, Ryan has also constructed more than 60 senior living communities nationwide and developed 35 communities within that portfolio. Cogir of Tigard marks Ryan’s third senior living community built in the Northwest region.
“We are thrilled to welcome residents to Cogir of Tigard, marking the successful completion of Ryan’s first senior living project in Oregon,” said Julie Ferguson, executive vice president, senior living, Ryan Companies.
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...
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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...
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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...
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