ScanlanKemperBard is a privately held real estate merchant bank based in Portland, Oregon. We acquire, manage and transform commercial properties into profitable, risk-adjusted returns for select high-net-worth individuals, family offices, trusts, and institutional investors. Since our founding over two decades ago, we have originated more than $3.82 billion in total portfolio activity.
This investment was in the Riverside Condo Development Project. Specifically, the partnership is acquiring two-story garden-style apartment properties in and around western Riverside and San Bernadino counties. The plan is to acquire the assets, improve their performance and, in approximately three-to-five years, sell the portfolio to an institutional investor probably offshore.