Glencrest Group And Sky Alps Capital Acquire Cedar Square Multifamily Community In Beaverton For $29.8M

The asset involved in the transaction is Cedar Square, a 155-unit garden-style multifamily community located at 10480 Southwest Eastridge Street in Beaverton, OR. The property was acquired for $29.8 million.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $29,800,000
• Buyer: Glencrest Group & Sky Alps Capital
• Brokers: Ira Virden, Carrie Kahn & Owen Wise - JLL

This transaction represents a collaboration between Glencrest Group and Sky Alps Capital, who worked together to secure the acquisition. JLL acted as the brokerage firm representing both the buyer and the sellers during this deal.