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Abacus Capital Group Picks Up Suburban Portland Apartment Complex in Value-Add Play

NBP Capital Sells 201-Unit The Groves Apartments for $38.5 Million
By Jonelle Lenz
CoStar Research
February 19, 2021 | 4:59 P.M.

Portland, Oregon-based NBP Capital has sold The Groves, a 201-unit foot apartment complex in Portland suburb Gresham to an affiliate of New York-based Abacus Capital Group for $38.5 million, or about $192,000 per unit.

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News | Abacus Capital Group Picks Up Suburban Portland Apartment Complex in Value-Add Play