Virtú Investments Acquires Kearney Plaza in Portland, Oregon

Virtú Investments has closed on its purchase of Kearney Plaza, a 131-unit multifamily property in the Pearl District of Portland, Oregon.

Located at 931 NW 11th Avenue, the property was completed in 2000 and offers a mix of studio, one- and two-bedroom homes.

Kearney Plaza is pet-friendly with community amenities including a rooftop terrace, courtyard, and BBQ area, as well as free bicycle storage and an on-site espresso bar. Unit amenities include vaulted ceilings, in-unit washer and dryer, quartz countertops, and large closets.

The Pearl District, once a hub for industry, has transformed and evolved into a vibrant cultural and residential destination. Kearney Plaza’s Walk Score and Bike Score both rank at 97/100. Within steps of the property, residents can find Deschutes Brewery, Powell's Books, Portland Center Stage, and the nearby Japanese Garden, along with a number of other parks, shopping, art, and dining destinations.

About Virtú Investments

Virtú Investments, headquartered in Larkspur, CA, is a multifamily real estate investment firm primarily engaged in the acquisition and management of apartment properties in the western United States. Since its founding in 1997, Virtú has acquired and operated 130+ properties, totaling more than 24,000 units and over $3.7BN in real estate. With more than two decades of focused multifamily investing, Virtú maintains a highly selective acquisitions practice and a fully integrated, in-house property management firm.