Grand Peaks Properties has paid $23.45 million for a new apartment complex in the red-hot Portland, Oregon, market. Denver-based Grand Peaks bought the 83-unit Cameron, completed in February. A broker said the complex "was designed to appeal to professionals and graduate students looking for an upscale living environment in the heart of downtown Portland." Grand Peaks owns and manages various communities in Colorado, Florida, Texas and Washington. > Click here for more from the Portland Business...
