Ridgewood condominiums property and sign

Ridgewood Condominiums Sold

Walnut Creek, CA (January 7, 2020) — PTLA Real Estate Group announced they completed the sale of Ridgewood Condominiums on December 12, 2019.

After a 5-year hold, the property in Medford, OR sold for $18,500,000 and provided investors with a 91% total return, or a 15.4% IRR. PTLA secured a 1031 exchange for investors with the purchase of a property in Portland, OR. This transaction provides a great example of the lifecycle of a PTLA asset, but this performance is not an indicator of future success.

The property was purchased by Seattle-based Investors Capital Group. CBRE represented PTLA as broker for the sale.


PTLA Real Estate Group is an independent company that acquires and manages residential and commercial real estate with a specific focus in the West Coast market. In our 50 year history, we have built a team and company centered around the goal of achieving a higher standard of excellence. For more information, please visit our website at