Is Mill Creek licensing the Modera name to others? I see on the posting notice that the owner is Oregon Pacific Invest & Devel Co and when you look at their portfolio it's...well...
not full of especially inspiring apartment complexes. And given what this owner owns, they might be more comfortable maxing out what they can with a "safer" development. Which I think also explains how we get a higher rise proposal in the Lloyd and a stump next to PSU. It's the ownership of the property not necessarily the market.
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