Trion Properties, AMC Investments Acquire Hood Apartments Near Portland for $12M

GRESHAM, ORE. — A joint venture between Trion Properties and AMC Investments has purchased Hood Apartments, a newly constructed multifamily community in Gresham. An undisclosed seller sold the asset for $12 million.

Located at 1833 SE Sixth St. on 2.8 acres, Hood Apartments features 64 units in a mix of one- and two-bedroom layouts. The asset was vacant upon sale.

Continental Partners sourced an acquisition loan for the transaction. Jordan Carter, Tyler Linn, Clay Newton and John DeJager of Kidder Mathews represented the buyers in the transaction.