The Riverie is expected to reduce its annual carbon emissions from heating and cooling by 53% compared to a traditional building.
“We have to cut red tape and get out of our own way,” Gov. Tina Kotek said in signing two bipartisan measures into law.
The deal expands the management giant's presence in seven states including Florida, Colorado and Texas.
The end of the summer brought a flurry of sales from apartment REITs of all sizes.