About GSL Properties
GSL Properties, Inc. is a fully integrated real estate company that aquires, develops, constructs 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 12,000 apartments in the Portland Metropolitan area and surrounding communities in Oregon, as well as in California, New Mexico, Nevada, Arizona and Washington. And more are on the way! GSL manages over 9,000 apartment units.
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.
Project design is a critical element of GSL's development philosophy. GSL organizes design teams for each project, comprised of the finest professionals available, as well as based on the unique characteristics of each project. Our design professionals take great care to make the most of a each site's strongest features, maximize the functional utility and marketing potental of each unit, create outstanding visual appeal and design economically efficient structures.
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 48 affordable apartment communities, totaling nearly 8,000 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.
