About GSL Properties
GSL Properties, Inc. buys, builds and manages multi-family residential properties in the western United States. Based in Portland, Ore., GSL has earned a reputation in the Portland area as the leader in quality, multi-family, residential development. That reputation has allowed us to expand beyond Oregon. Our combination of financial strength, innovative approach and attention to detail have produced some of the finest residential properties in the Western United States. GSL has built and acquired more than 8,800 apartments in the Portland Metropolitan area and surrounding communities in Oregon, as well as in California, New Mexico, Nevada and Washington. And more are on the way! We also manage more than 7,900 apartment units in all of those states.
Our Goal – Functional, Beautiful, Affordable
GSL Properties wants people to have functional, beautiful, affordable homes. We take pride in creating apartment complexes that complement and enhance the surrounding neighborhood, and respond to the special needs of the site and the community. So before we even start to design, we meet with neighbors, community groups, municipal planners and others to learn the community’s needs and concerns.
To us, design is everything. So we organize design teams based on the unique characteristics of each project. Our design professionals take great care to make the most of a site`s strongest features, which makes the property more functional and more beautiful. And they always strive for economically efficient buildings.
Our Financial Philosophy
Another part of the GSL philosophy is financial commitment. GSL typically invests substantial equity in its projects, and is always prepared to own and manage them through the inevitable cycles in the market. Accordingly, GSL invests in quality construction and has built a strong, professional property management team to protect that investment and assure that each project is soundly operated.
GSL has completed thousands of affordable apartments using tax-exempt bonds and federal Low-Income Housing Tax Credits as the primary financing tools. All of these communities operate at high occupancy levels. GSL’s management staff is well trained to manage the specialized requirements of the tax-exempt bond program, Section 42 of the Internal Revenue Code (LIHTC compliance) and any special requirements of local housing authorities.
