Green Leaf Monterey

October 17, 2016 Comments Off on $76M Happy Valley Deal Means Smiling Investors Views: 199 California, National News, Oregon, West

$76M Happy Valley Deal Means Smiling Investors

Green Leaf Partners sold its 390-unit Green Leaf Monterey Apartments in Happy Valley, OR to MG Properties Group of San Diego. The seller, also from California, pocketed $76 million upon closing. Cody Hagerman, Tyler Johnson, Greg Frick and Rob Marton with HFO Investment Real Estate brokered the transaction.

The multifamily asset is situated on 11 acres at 8640 SE Causey Ave. Happy Valley is within the Portland MSA. “This property has been continually upgraded over the past few years, which has significantly increased its value. Green Leaf Monterey offers an investor a critical mass of units that can benefit from a program of continual improvements and enhancements,” Hagerman said.

Read More at HFO Investment Real Estate

Connect with MG Properties Group

Connect with Green Leaf Partners

For comments, questions or concerns, please contact Amy Sorter

Share on FacebookTweet about this on TwitterShare on LinkedInEmail this to someone

Tags: , , , , , ,

Comments are closed.