Portland, OR

Strategic Student & Senior Housing Trust Inc., a public non-traded REIT sponsored by SmartStop Asset Management LLC, purchased Courtyard at Mt. Tabor senior facility for $92 million.

A new scholarship program with Portland State University's Center for Real Estate in the Schools of Business and Urban Studies and Planning will be provided in part by the SIOR Oregon chapter.

The CoC offers independent living, assisted living and memory care and is located at 6125 and 6323 SE Division St.

It is no wonder that Portland is attracting better-educated talent and is unique in its ability to bring in young, skilled households, ranking above higher-paying metros with a major research university.

Inventory continues to rise significantly this year with more than 550,000 square feet of construction delivered in the second quarter, to be followed by another half a million square feet for the balance of 2018.

Graduate is a curated collection of hotels that reside in some of the most well-known university towns across the country, such as the latest at the University of Oregon, backed by AJ Capital Partners.

The retirement and downsizing of Baby Boomers coupled with the continued emergence of Millennials will support the need for self-storage space in the coming years, providing a positive long-term tailwind.

Booming healthcare and technology sectors are bolstering demand for office space throughout the market, keeping vacancy tight, with companies including Amazon and Google expanding footprints.