1. $18.6 million: Wilsonville-based senior housing company Avamere sold the Riverpark nursing home on Goodpasture Island Road to Nationwide Health Properties, which merged in February with Ventas, a Chicago-based real estate investment trust.
2. $8.3 million: Avamere also sold Eugene Rehab & Specialty Care, 2360 Chambers St., to Nationwide, which became Ventas.
3. $7.8 million: Oregon assisted living developer Farmington Centers Inc., sold Farmington Square Residential & Memory Care in Eugene to Maryland-based Lord Baltimore Group. Lord Baltimore Group has a $2 billion portfolio with assets in venture capital, timberland and real estate.
4. $7.5 million: A limited liability company including developer Dean Pickett sold “The Commons on Alder” project in south Eugene. The four story, 20-unit student apartment originally was planned as a seven story building, which riled neighbors and led to a smaller project.
The buyer is a Sisters-based limited liability company managed by Dutch investor Willem Willemstein, founder of European petroleum wholesaler Petroplus. Willemstein holds Bend investments, including a stake in the Tetherow Golf Club.
5. $7 million: Eugene-based Good Neighbor Care Centers, an assisted living business, sold its Good Neighbor Care Eugene, 2630 Lone Oak Way, to Living Care Senior Housing Development of Seattle.
6. $6.55 million: A Lake Oswego trust sold the River’s Edge Townhomes on the south bank of the Willamette River at Maurie Jacobs Park to a limited liability company Oy Vavoy, whose owners are Robert Meyers, a Eugene property manager; Neil Schifberg, a Eugene investor; and Peter Zackery, as manager of a trust.
7. $5.97 million: Eugene developer Arlie & Co., which successfully emerged from a Chapter 11 reorganization, sold the Westlane Shopping Center in Veneta to developer John Hammer.
8. $5.97 million: Avamere sold its Junction City Rehabilitation facility to Nationwide, which became Ventas.
9. $4.55 million: Berkeley, Calif., company Meyer Crest Ltd. sold the Best Western Grand Manor Inn, one block east of Gateway, to investors Jasvir and Paramjit Dhaliwal of Olympia.
10.$4.1 million: Lone Rock Timber sold 1,668 acres — near Camp Creek Road northeast of Springfield — to a timber investment management organization set up by Lone Rock Timber Investments of Portland. TIMOs allow institutional investors, such as retirement funds, to buy into timberlands. Investors in the Lone Rock TIMO can be individuals, small endowments, trusts and family offices, but the minimum to start is $100,000, according to Lone Rock.
11. $3.67 million: Rosboro wood products company in Springfield sold 1,430 acres of timberland west of Junction City to a Giustina family partnership, including L.M. and A.J. Giustina.
12. $3.5 million: Springfield V, a limited liability company managed by Mark McDonald, sold the land and buildings housing Mattress Mania and the Castle Megastore on Gateway to a limited liability company called GATEWAY 4 INVESTORS, whose members are real estate broker Tim Campbell, cabinet makers Brent and Lori Lanz as trustees; and commercial developers William and Barbara Sokol as trustees.
13. $3.2 million: Eugene’s McIntyre Construction sold its building at 1500 Westec Drive near the old Hynix plant to a limited liability company called Burley Buildings, which is managed by Michael Coughlin, owner of Burley, the bike trailer manufacturer. Coughlin also owns the Citizens Building downtown.
14. $2.8 million: The Portland-based Coburg Properties I Inc., formerly known as Farwest Transportation Northwest, sold its truck service center near Interstate 5 at Coburg to a Ridgefield, Wash., company associated with Pacific Power Products, which sells, services and remanufactures diesel engines.
15. $2.8 million: A limited liability company managed by Dan Giustina sold a building on the northeast corner of Broadway and Pearl Street that houses Cafe Zenon, Nick & Noras, Goldworks and Hawthorne’s Cafe & Deli to an Albany couple, Richard and Shelli Mikesell.
16. $2.8 million: Spencer Glenn LLC, whose members include Karen Dahlen of Eugene, sold 171 acres south of the Eugene urban growth boundary to Douglas and Jenny Noland of Pittsburgh. Earlier, Dahlen had the land rezoned from farm or forest — which can’t be developed under Oregon land use laws — to a “marginal lands” zoning, which can be developed with one house per 20 acres.
17. $2.7 million: A Romania family holding company sold the long-vacant Good Guys building in the Delta Oaks shopping center in North Eugene to “Delta Oaks Group,” a limited liability company managed by Tim Campbell, a commercial real estate broker. Campbell was the leasing broker for the property when it was owned by the Romanias.
18. $2.7 million: South Lane Investment Co., led by Tod Woodard, sold a lot across Highway 99 from the Weyerhaeuser mill south of Cottage Grove to CKK Acquisition LLC, of which Woodard is a member. Woodard is an heir of Cottage Grove lumberman Walter Woodard.
19. $2.6 million: AP-Seneca, based in San Marino, Calif., sold a mini shopping center near Home Depot on Seneca Road in Eugene — which houses West Coast Bank and Sleep Country USA — to Paul Schaffner, owner of the commercial appraisal firm Charles P Thompson & Associates.
20. $2.6 million: Weyerhaeuser sold its Coburg veneer plant and 154 acres around it to PNW Exchange, a legal tax shelter for land owners who exchange — rather than sell — property to avoid capital gains tax. In this case, it was arranged by Cascade Exchange Service Inc., an affiliate of Cascade Escrow and Cascade Title Co. The new property owner is Rexius Sustainable Solutions, which plans to spend 2012 moving its composting operations to the Coburg site.
21. $2.56 million: Morrison & Golden Enterprises Ltd., which includes Eugene resident Patrick Golden, sold the 51-unit Lawrence Court HUD Section 8 apartments to Gemini Oregon III LLC, which is owned by Kevin Merwin, Jeffrey Guckenberger and Mark Kalen, the president of Kalen Electric & Machinery.
22. $2.4 million: Umpqua Bank — which accepted a deed in lieu of foreclosure last year on this property — sold two large-scale industrial buildings near the old Hynix plant to Knoll LLC, whose members are local investors John Hammer, Jack Louie and Roscoe Divine.
23. $2.4 million: Poul Olesen and Svend Toftemark — founders of Emerald Excavating — sold the Scandia Village Mobile Home Park to a limited liability company, whose members include Newport Beach, Calif., resident Peter DeBaun, who is associated with several mobile and manufactured home properties.
24. $2.39 million: Portland firm TAH Enterprises sold the North Bay Condo building on Harbor Street in Florence — a four story, 30-unit building with 1,900 square foot of retail space — to Vertical Capital LLC, which is managed by strategic tax and business consultant Nathan Wheeler of Tigard.
25. $2.35 million: Ed Miesen of Seattle sold 193 acres of open space in the south hills to the city of Eugene to expand the public Ridgeline Trail.
Source: http://www.registerguard.com/web/business/27510677-41/million-sold-eugene-company-liability.html.csp
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