EAH Housing agrees to buy 19 affordable properties from Catholic Charities of Oregon
OperatorsUS
California nonprofit EAH Housing has signed agreements to acquire 19 properties with more than 1,000 affordable homes from Catholic Charities of Oregon, covering family, senior and supportive housing in the Portland area, Eugene, Sandy and Happy Valley, Multifamily Dive reported. Closings are scheduled to roll through the second quarter of 2027, and the price was not disclosed. Catholic Charities will continue to provide resident services, and Guardian Real Estate Services will stay on as property manager.
Why it matters
The deal is EAH's entry into Oregon and keeps the portfolio in nonprofit ownership with existing management and resident services in place.
More news
- Policy & LegalLawmakers press Brookfield on rents and fees after its purchase of Yes Communities
Bisnow ·
- M&AH&R REIT unitholders vote down breakup that would have sent its U.S. apartments to GO Residential
Bisnow ·
- Policy & LegalCosign files antitrust suit accusing TheGuarantors of monopolizing rental approval services
Bloomberg Law ·
- OperatorsPerennial Housing Group launches with 31 affordable communities across 10 states
PR Newswire ·
- Policy & LegalIllinois caps rental application fees at $50 and bans several landlord fees starting in 2027
Clark Hill ·
- Policy & LegalLegislative uncertainty keeps weighing on build-to-rent capital, operators say
HousingWire ·