Waterton Divests PDX Lloyd District MF for $66M

San Diego-based MG Properties Group acquired Axcess 15, a 202-unit, transit-oriented apartment property in the Lloyd District in Portland, OR. Constructed in 1997, the community was sold by Chicago-based Waterton for $66 million. HFF’s Ira Virden and director Carrie Kahn represented the seller and procured the buyer. Additionally, HFF’s Charles Halladay, Scott Gilson and Rick …

The post Waterton Divests PDX Lloyd District MF for $66M appeared first on Connect Media.

 

Author: Dennis Kaiser

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Acquisition, Apartments & Multifamily, National News, Oregon News, West