Paul Kerley is an active presence in the Salem, Oregon, real estate community who leads Commercial Property Resources, Inc., and maintains an investment-focused portfolio that includes nearly 1,800 units. Paul Kerley has pursued a number of high-profile acquisitions in Salem, Oregon, and other areas throughout over the years that have provided excellent growth opportunities.
One of these was the purchase of what is essentially the city of Grand Ronde, Oregon, by Grand Ronde Village, LLC. Including 42 single-family homes of between one and five bedrooms, the property contains all of the residential rentals in the municipality. A majority of these homes have garages, storage sheds, washer/dryer hookups, and fenced yards. The acquisition of the property was closed through SMI Commercial Real Estate, LLC.
Another noteworthy acquisition was the 200-unit Donnie Court Apartments at 2436-2474 Lee Street Northeast in Salem. Housing both one-bedroom and two-bedroom rental units, the property was acquired through Kerley Properties, LLC.
