San Diego Based Firm Expands Portland Footprint
Sunrise Management adds 103 units to its growing portfolio.
SAN DIEGO—Portland-based Urban Asset Advisors has tapped Sunrise Management – which has specialized in the management of residential real estate since 1978 – to direct all leasing and day-to-day operations for three Portland area multifamily properties: Artisan Apartments, Abernethy Flats and Broadway Flats.
According to Dennis Mitchell, regional vice president for Sunrise Management, his company has a rapidly growing Portland presence now encompassing 19 properties and 1,271 units. “We are thrilled to partner with UAA – one of the region’s top developers – on these class A projects.”
He also notes that “Portland has a robust multifamily market and we look forward to further expanding our portfolio here.”
Totaling 103 units, all three communities – owned by UAA – are newly upgraded and located in the downtown Portland area. Highlights include: Artisan Apartments, 3301 SE Division St. Portland – 54 beautifully appointed studio and one-bedroom apartments developed by UAA in 2020; Abernethy Flats, 2014 SE 11th Ave, Portland – 35 spacious and light filled studio and one-bedroom apartment homes developed by UAA in 2019; Broadway Flats, 2007 NE Broadway – Portland,14 studio and one- bedroom apartment homes built in 2013.