Portland, OR, December 13, 2024 –(PR.com)– Jacobson Equities is happy to announce the acquisition of Oxbow 49, a 166-unit Class A residence group situated in Portland’s extremely fascinating John’s Touchdown waterfront neighborhood. This acquisition underscores Jacobson Equities’ dedication to unlocking worth in premier multifamily property.

Developed in 2016 and acknowledged for its distinctive design and upscale facilities, Oxbow 49 affords residents direct entry to the Willamette River and proximity to key hubs equivalent to Oregon Well being and Science College (OHSU) and Downtown Portland. The acquisition was accomplished considerably under the property’s alternative price, making a compelling funding alternative.

“We consider the pendulum has swung again, and Portland is as soon as once more the extremely fascinating metropolis it has traditionally been,” mentioned Larry Jacobson, Principal at Jacobson Equities. “With its fabulous waterfront location, Oxbow 49 is the right dwelling for tenants wishing to expertise the energetic life-style, world class skilled alternatives and the numerous superb facilities Portland affords its residents.”

Oxbow 49 presents significant alternatives for worth creation. Jacobson Equities plans to implement focused operational enhancements and modest upgrades to models and customary areas, elevating the tenant expertise and capturing hire development in a strengthening multifamily market.

With Portland poised for a multifamily resurgence, this acquisition aligns with Jacobson Equities’ give attention to Core+ property with sturdy fundamentals and vital upside potential.

Jacobson Equities stays devoted to creating worth for its traders whereas contributing positively to the communities it serves. The acquisition of Oxbow 49 exemplifies the agency’s mission to remodel high-potential property into thriving properties that improve native markets.

For extra details about Jacobson Equities and its 50+ yr custom of excellence, please go to www.jacobsonequities.com.

About Jacobson Equities:
Jacobson Equities is a privately owned actual property funding agency with a 50-year legacy of offering superior, risk-adjusted returns to people and households with substantial wealth.

Media Contact:
Max Reissig
Investor Relations
(310) 479-6900
mreissig@jacobsonequities.com