It’s time to update those contact managers with CoStar’s People of Note, reporting news on significant new CRE hires and promotions. This week’s issue includes the following markets: Toronto, Detroit / Grand Rapids, Boston, Atlanta, Minneapolis / St. Paul, Chicago, Baltimore, New York City, South Florida, Orange County, San Francisco and East Bay. .field_set{display: block;margin-left: 2px;margin-right: 2px;padding-top: 0px;padding-bottom: 7px;padding…

Los Angeles-based Gelt, Inc. acquired the 228-unit Powell Valley Apartments at 1500 SW Pleasant View Dr. in Gresham, OR for $39.5 million, or approximately $173,000 per unit, from Jackson Square Properties. The seller acquired the asset in June 2015 for $27.8 million ($122,000 /unit) from a private investor, according to CoStar data. div.comp {font-size:0.8em;line-height:1.2em;float:right;font-family:”arial”;clear:right;padding:2px 0px 0px 5px…