LCR Commercial acquires Portland multifamily property

​​​​​​​PORTLAND – Farmington Hills, Mich.-based LRC Commercial has acquired We​stcliff-Royal Palms.

The 132-unit multifamily property at 1404 Moore Ave. will be rebranded as LUX Off Moore.

The Waller Group represented both the buyer and seller. Marcus & Millichap Capital Corp. arranged acquisition financing.

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​Source: REBusiness Online

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