OREGON CITY, OR—CBRE has completed the sale ofThe Landing Apartments and Townhomes here for for$52.5 million.

Graham Taylor and Carrie Houckof CBRE's capital markets multifamily investment properties teamrepresented the seller, VergePointe Capital and aprominent local homebuilder. The buyer is an affiliate ofThe Randall Group Inc.

Jim Rice and Nick Santangeloof CBRE's debt & structured finance team placed $38,555,000 inacquisition financing on behalf of the buyer.

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David Phillips

David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.

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