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HAPPY VALLEY, ORE. — MG Properties Group has purchased the 390-unit Green Leaf Monterey Apartments in the Portland suburb of Happy Valley for $76 million. The community is located at 8640 S.E. Causey Ave.
The 11.8-acre site is near the Clackamas Town Center. Green Leaf Monterey has been continually upgraded over the past few years.
Tyler Johnson, Cody Hagerman, Greg Frick and Rob Marton of HFO Investment Real Estate executed the sale. The seller was Green Leaf Partners.