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Multifamily Complex Near Portland Trades for Highest Price This Year in Oregon

Abacus Capital Pays $98 Million for 440-Unit Lumina Apartments in Gresham
Lumina Apartments, a 440-unit complex in Gresham, Oregon, was built in 1994. (CoStar)
Lumina Apartments, a 440-unit complex in Gresham, Oregon, was built in 1994. (CoStar)
CoStar News
August 31, 2023 | 6:19 P.M.

Private real estate investment firm Abacus Capital Group paid just under $100 million to buy an apartment complex in Portland, Oregon’s Gresham suburb in the Beaver State’s highest-price multifamily sale of the year.

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