Green Leaf Capital Partners Acquires The Perch PDX Multifamily In Portland For $31M

The Perch PDX, a 141-unit luxury community located at 5325 North Interstate Avenue in North Portland, Oregon, has been acquired by Green Leaf Capital Partners. The property was sold by Fairfield Residential for a total of $31 million. The transaction took place on October 25, 2023.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $31,000,000
• Address: 5325 North Interstate Avenue, Portland, OR
• Market: Portland, OR
• Units: 141
• Price Per Unit (PPU): $219,858

Michael J. O'Neil from Green Leaf Capital Partners acted as the buyer in this transaction, while Richard Boynton represented the seller, Fairfield Residential. The deal was brokered by Carrie Kahn, Frank Solorzano, and Ira Virden from JLL.