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Gresham apartment complex changes hands

A 150-unit multifamily property in Gresham has sold for $20.5 million. The apartment complex, East Wind, was built in 1971. The three-story, eight-building community has a mix of one-, two- and three-bedroom apartments. The transaction values the property at $136,667 per unit. The asset, located at 2950 N.E. 23rd St., nearly doubled in price for seller Papago, an Arizona limited liability company, which purchased the property from Bender Equitie…

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Daily Journal of Commerce broke the news in on Friday, December 12, 2025.
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