Newly built Lake Oswego multifamily property trades

PORTLAND, Jul. 20, 2026 – JLL Capital Markets announced today that it has completed the sale of Willow, a 158-unit, luxury multifamily property in Lake Oswego, Oregon.

JLL represented the seller and procured the buyer.

Completed in 2024, Willow is a modern five-story building offering one-, two- and three-bedroom traditional units, two-bedroom townhome units and one-, two and three-bedroom penthouse units. All units feature hardwood style-flooring, stainless steel appliances, shaker cabinets, quartz countertops, in-unit washer and dryers and roller shades. Residents at Willow enjoy a full suite of amenities, including an open-air sky deck with fire pit, sky lounge, community lounge with tv, fitness center, outdoor bbq and hibachi grill, pet wash station, private work pods, bike storage and covered parking with EV charging stations.

Willow is located at 5600 Meadows Road, occupying a 5.16-acre site in one of the region’s premier submarkets characterized by highly rated public schools, ample retail and dining destinations and access to a variety of recreational activities. In addition, Willow is within the Kruse Way office corridor, which is a major employment hub, home to more than 2.9 million square feet of office space and 20,000 employees at companies like Columbia Bank, Liberty Mutual, Hoffman Construction and HP. Residents at Willow are also just a short drive from Downtown Portland and the Portland International Airport.

JLL Capital Markets’ Investment Sales and Advisory team representing the seller was led by Senior Managing Director Ira Virden and Managing Director Carrie Kahn.

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The group’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients, including investment sales and advisory, debt advisory, M&A and corporate finance, loan sales, equity & fund placement, net lease, derivative advisory and energy & infrastructure advisory. JLL Capital Markets has more than 3,000 specialists worldwide with offices in nearly 50 countries.

For more news, videos and research resources, please visit JLL’s newsroom. 

JLL (NYSE:JLL) is a leading global commercial real estate services and investment management company with annual revenue of $26.1 billion, operations in over 80 countries and a global workforce of more than 113,000 as of March 31, 2026. For over 200 years, clients have trusted JLL, a Fortune 500® company, to help them confidently buy, build, occupy, manage and invest across a variety of industries and property types, including office, industrial, hotel, multi-family, retail and data center properties. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY. Powered by rich global datasets and leading technology capabilities, we provide coordinated, end-to-end delivery of real estate services for a broad range of global clients who represent a wide variety of industries. Through LaSalle Investment Management, we invest for clients on a global basis in both private assets and publicly traded real estate securities. For further information, visit jll.com.