Magnolia Capital Enters Portland Market with Two Core Plus Acquisitions & 500+ Units

Osprey is a 270-unit new construction midrise community located in South Waterfront of Downtown Portland.

Osprey offers an exciting urban environment against the picturesque backdrop of the Willamette River. The community is walkable to premier dining, retail, nature amenities and provides easy access to some of Portland’s largest employers. Osprey’s key amenities include a fitness center, South Waterfront Greenway access, waterfront terrace, and indoor lounge.

Portland, OR | 270 Units | Year Built: 2017 | Closing Date: August 2019

Portland, OR | 260 Units | Year Built: 2016 | Closing Date: August 2019

Rivage is a 260-unit new construction midrise community located in the North Pearl District, which is immediately adjacent to Portland’s highly desirable Pearl District and Slabtown neighborhoods. Rivage provides high-end finishes and a best-in class amenity package with unobstructed views of the Willamette River. The community is walkable to transit, urban amenities, luxury office space, and highly rated schools.

View our entire portfolio or for additional details regarding this acquisition and Magnolia Capital, please contact:

Will Beam
Managing Director of Investments
(312) 881-4439
wbeam@magnoliacap.com

Cecile Taylor
Director of Client Services
(312) 881-4426
ctaylor@magnoliacap.com