Portland Multifamily Market Sees 50%+ Rent Growth

This week, in the GowerCrowd Real Estate Crowdfunding newsletter, we’ve got a RealtyMogul-listed Portland apartment property with 50%+ recorded growth in the last ten years, a new self-storage webinar from CrowdStreet, updated crowdfund sponsor related guidance from the SEC, and platform updates from Republic and Modiv. Let’s get into it.

New Crowdfunding Platform Deals

Now open for pledging at RealtyMogul is the Edison Apartments, a multifamily property located in the heart of the Pacific Northwest, just outside of Portland, Oregon. RM Communities is raising funds to acquire this stabilized, cash-flowing property through the use of relatively low leverage, coming in at 57% LTV. Keep in mind that the acquisition financing is full-term interest-only, with the rate already locked, which should help weather future interest rate volatility down the line. 

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