BEAVERTON, OR—Berkadia has executed the sale of Wyndham Park I & II, a portfolio of communities in Beaverton. Managing director Phil Oester and director Joe Nydahl of the Portland office facilitated the transaction. The properties sold for a combined $63.9 million on June 5.  Wyndham Park I sold for $34.5 million, reflecting a per-unit price of $151,342 and Wyndham Park II sold for $29.4 million, reflecting a per-unit price of $150,738.

The buyer of both properties was Holland Acquisition Co., LLC of Vancouver, WA and the seller was KI-Wyndham Park, LLC of Liberty Lake, WA. Holland Acquisition plans to renovate the properties’ units and common areas and merge the two into one cohesive garden-style community. This acquisition involved an assumption of two Freddie Mac loans.

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