The property asset involved in this transaction is a 150-unit multifamily development known as East Wind apartments located at 2950 Northeast 23rd Street in Gresham, OR. FPA Multifamily acquired the asset for a sale price of $20,500,000, equating to a price per unit of $136,667.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $20,500,000
• Units: 150
• Price Per Unit: $136,667
• Buyer: FPA Multifamily
• Seller: Koka Hayashi
• Market: Gresham, OR

This transaction involved FPA Multifamily as the buyer, purchasing the property from seller Koka Hayashi, who is a Los Angeles-based investor. The acquisition reflects FPA Multifamily's expansion strategy in the multifamily market segment.