Virtú Investments Acquires The Gossamer in Portland, OR

Virtú Investments purchased The Gossamer (formerly Modera Davis) in Portland, OR. The Gossamer, is a 204-unit, 12 story high-rise development with 8,400 square feet of retail, located in the epicenter of the Pearl District, downtown Portland’s most desirable neighborhood.

This 100% market-rate building completed construction in June 2020, and received its certificate of occupancy in July 2020. Boasting a walk-score of 100, The Gossamer sets a new standard for quality and convenience in the Portland market.

Styled with a high-end boutique hotel feel, The Gossamer incorporates market-leading design, including stone accents, metal finishes and rich walnut paneling, while still offering an affordable average rent.

Built to a LEED Silver standard, The Gossamer provides the nicest amenity package in the market, featuring a true club-quality fitness center, sauna, resident clubhouse, and a private dining area with incredible views of the city and surrounding hills.

Virtú Investments, LLC was built to create high-yield opportunities in the multifamily investment market. During its fifteen years of operation, Virtú has acquired $2.8B in real estate and operated more than 20,000 apartment units across 122 properties in the Western US.