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January 31, 2019

Thrive moves into Oregon

Seattle-based apartment manager Thrive Communities is expanding into Oregon. It will manage and renovate the 285-unit Landmark at Tanasbourne Apartments in Hillsboro, near Portland. The company has renovated more than 4,000 units in the last five years, increasing net operating income by an average of 24 percent. Thrive currently manages about 10,000 units. Thrive is part of Rise Properties Trust, a Canadian REIT, which shares its Seattle office.




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