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Prometheus Acquires Multi-Family Property in Oregon
Having won over 70 awards for their business operations and as the largest private owner of multi-family properties in the San Francisco area, Prometheus Real Estate Group is continually making news. Their latest acquisition is no exception.
Prometheus recently closed on the purchase of One Jefferson Parkway in the Portland area. This $51.2 million purchase compliments the other properties Prometheus owns in the area. As a recently renovated and ideally located 342 unit property, this off market acquisition is a notable addition to Prometheus’ portfolio.
LM Consultants is excited to have been involved with this project in providing the acquisition due diligence. The property was a great way to showcase our capabilities in the upper Northwest to our clients. This project was led by a Principal Architect from our West Coast office with support from our nationwide team of professionals.
For additional information on the One Jefferson Parkway purchase by Prometheus Real Estate Group please visit their press release available here: http://prn.to/jmbIjE
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