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California Investor Pays Below Market Price for Apartments in Portland's Central Eastside

ConAm Group Acquires Skylar Grand for 29% Less Than Oregon Neighborhood's Average Per-Unit Price
Fairfield Residential sold the 170-unit Skylar Grand apartments built in 2022 in Portland, Oregon.  (ConAm Group)
Fairfield Residential sold the 170-unit Skylar Grand apartments built in 2022 in Portland, Oregon. (ConAm Group)
CoStar News
March 13, 2024 | 3:58 P.M.

San Diego-based multifamily investment firm ConAm Group bought a recently built apartment complex in Portland, Oregon's Central Eastside for well below the average price per units as tight credit conditions cut into apartment investing activity.

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