Multifamily Team of the Year, Commercial Association of Brokers, 2020, 2021, 2025
CoStar Power Broker Award, Q1 & Q4 2022, Q2 & Q4 2023, Q2 & Q3 2025
Kidder Mathews “Big Hitters” Award, Top Producer, 2015–2017, 2021–2022
Multifamily Influencers, GlobeSt, 2021
Oregon 250, Daily Journal of Commerce, 2025
Commercial Association of Realtors, Bill Naito Award, 2002
Clay Newton
Executive Vice President | ShareholderAbout
Clay Newton is an executive vice president and shareholder at Kidder Mathews in Portland, Oregon, licensed in Oregon and Washington and specializing in multifamily investment sales ranging from 10 to 200 units. Along with his team, he serves clients throughout the Portland–Vancouver metropolitan area and along the I-5 corridor, including Salem, Eugene, and Medford.
Clay has more than 30 years of commercial real estate experience and has been involved in roughly $2 billion in multifamily sales. He joined Kidder Mathews in 2013 and has been recognized as a top producer, including the Kidder Mathews “Big Hitters” award multiple times, which recognizes the top 10% of Kidder brokers in the Pacific Northwest.
For owners deciding whether to sell, Clay builds the plan around tax implications and cash returns, and frequently structures sales around IRS 1031 tax-deferred exchanges. He works alongside Jordan Carter, Carson Doak, and Phillip Caguioa-Moore on the Portland Kidder Mathews multifamily team.
Clay serves on the forms committee of the Commercial Association of Brokers and is a past president of the Commercial Real Estate Brokers of Metropolitan Portland (COMP). He is chair of the Cannon Beach Planning Commission and serves on the apartment reports committee for Multifamily NW.
He has also served on the board of Portland Youth Builders, which supports at-risk students, and on committees for other area housing nonprofits. Clay is a University of Portland graduate who played NCAA Division I tennis. He lives in Portland with his wife and daughter.
Available Properties
Jordan Carter, Clay Newton,
Phillip Caguioa-Moore & Carson Doak
Awards & Recognitions
Past Experience
Kidder Mathews (2013–present)
– Executive Vice President and Shareholder
CV Newton Co., Owner (2006 to 2013)
– Owned and managed one of the top producing apartment sales offices in the Portland metropolitan market.
C&R Real Estate Services Co., Vice President, Broker (1998 to 2006)
– Specialized in the sale of investment properties representing sellers, buyers, investors, and developers
– Honored with Bill Naito Award from Commercial Association of Realtors, Oregon and SW Washington, for completing the most complex transaction of the year (2002)
RP Herman & Associates, Associate Appraiser (1995 to 1998)
– Appraised new construction projects for developers, builders, banks and investors
– Conducted acquisitions and portfolio analysis in the Portland area
Hermann & Company, Associate Appraiser (1993 to 1995)
– Commercial appraisal in Salem and Willamette Valley
Professional Affiliations
Licensed in Oregon and Washington
Commercial Association of Brokers®
Multifamily Northwest
Oregon and Washington Association of Realtors®
National Apartment Association
Community Organizations
Portland Youth Builders
Habitat for Humanity
Wild Salmon Center
City of Cannon Beach
Select List of Completed Transactions
The George Besaw
Muse
Bridgetown
Chinook Way
Uptown
Corbett Heights
City View Apartments
Bel Air Court
Beverly Grove Apts
Collins Circle
Additional Completed Transactions
| Property | Location | Units | Year Built | Sale Price | Price/Unit |
|---|---|---|---|---|---|
| 134th Street | Vancouver, WA | 124 | 2021 | $34,750,000 | $280,242 |
| The George Besaw | Portland, OR | 51 | 2018 | $23,625,000 | $463,235 |
| The Muse | Portland, OR | 58 | 2016 | $20,150,000 | $347,414 |
| The Bridgetown | Portland, OR | 50 | 2017 | $20,000,000 | $400,000 |
| Chinook Way | Fairview, OR | 124 | 2000 | $19,900,000 | $160,484 |
| The Edison | Gresham, OR | 64 | 2021 | $19,500,000 | $304,688 |
| Fox Meadows | Tualatin, OR | 95 | 1973 | $19,350,000 | $203,684 |
| Concord Crossing | Milwaukie, OR | 120 | 1973 | $19,000,000 | $158,333 |
| ReNew Johnson Creek | Milwaukie, OR | 130 | 1976 | $17,500,000 | $134,615 |
| Uptown | Lake Oswego, OR | 71 | 1955 | $16,810,000 | $236,761 |
| Tempo West | Portland, OR | 60 | 1968 | $16,450,000 | $274,167 |
| The Ridge | Vancouver, WA | 80 | 1988 | $14,750,000 | $184,375 |
| Bel Air Court | Beaverton, OR | 67 | 1961 | $12,950,000 | $193,284 |
| Clara Flats | Camas, WA | 30 | 2021 | $11,900,000 | $396,667 |
| Park Avenue Gardens | Portland, OR | 52 | 1945 | $10,650,000 | $204,808 |
| Property | Location | Units | Year Built | Sale Price | Price/Unit |
|---|---|---|---|---|---|
| Hamilton/Eliza | Vancouver, WA | 44 | 2020 | $10,200,000 | $231,818 |
| Broadway | Vancouver, WA | 36 | 2019 | $9,800,000 | $272,222 |
| Parkside Village | Medford, OR | 60 | 2006 | $9,700,000 | $161,667 |
| Irvington | Portland, OR | 44 | 1960 | $9,300,000 | $211,364 |
| Kings Meadow | Troutdale, OR | 48 | 1996 | $9,050,000 | $188,542 |
| Glee | Portland, OR | 33 | 2012 | $8,000,000 | $242,424 |
| Wheatland Ridge Duplexes | Keizer, OR | 50 | 1978 | $7,875,000 | $157,500 |
| Duck Abbey | Eugene, OR | 19 | 2007 | $6,450,000 | $339,474 |
| Brooks Terrace | Cornelius, OR | 21 | 2021 | $6,200,000 | $295,238 |
| The Ranch | Gresham, OR | 48 | 1977 | $6,100,000 | $127,083 |
| Church Street | Newberg, OR | 18 | 2015 | $5,800,000 | $322,222 |
| Reedville Meadows | Beaverton, OR | 28 | 1997 | $5,000,000 | $178,571 |
| M63 | Portland, OR | 19 | 2021 | $4,860,000 | $255,789 |
| Strong Lane 8 | Salem, OR | 16 | 2024 | $4,720,000 | $295,000 |
| Terrace Garden | Lincoln City, OR | 20 | 1964 | $3,025,000 | $151,250 |
Frequently Asked Questions
What areas does Clay Newton sell apartment buildings in?
Clay Newton sells apartment buildings of 10 to 200 units from Ridgefield, WA to Medford, OR, including the Portland–Vancouver metro, the Willamette Valley, and the Oregon Coast. Specific markets include:
- East Portland and East County, OR: Gresham, Fairview, Wood Village, Troutdale, Happy Valley, Damascus, Clackamas, Boring, Sandy, East Portland
- Portland, OR: NE Portland, SE Portland, North Portland, NW Portland, SW Portland, Downtown Portland, Sellwood
- Clackamas County and South Metro, OR: Milwaukie, Oregon City, Lake Oswego, West Linn, Gladstone, Tualatin, Wilsonville, Canby
- Washington County and West Metro, OR: Beaverton, Hillsboro, Tigard, Aloha, Sherwood, Forest Grove, Cornelius
- Southwest Washington: Vancouver, Ridgefield, Battle Ground, Camas, Washougal, La Center, Hazel Dell, Salmon Creek
- Willamette Valley, OR: Newberg, McMinnville, Salem, Keizer, Albany, Corvallis, Eugene, Springfield, Woodburn, Silverton, Lebanon, Independence, Monmouth, Stayton, Dallas
- Oregon Coast: Cannon Beach, Seaside, Astoria, Lincoln City
- Southern Oregon: Medford
Who does Clay Newton help?
Clay Newton and his team help owners sell apartment buildings, focusing primarily on properties of 10 to 200 units. His clients include individual and family owners, high-net-worth investors, family offices, small and mid-size investment funds, and syndicators, and, on occasion, large investment funds.
Clay sells buildings of every vintage, from older properties to new construction. His clients sell for many reasons, including retirement, estate planning, property inheritance, tax strategy and 1031 exchanges, partnership or fund exits, major capital expenditures, upcoming loan maturities, and a shift from hands-on management to passive investments.
How much is my apartment building worth?
The value of an apartment building comes from its net operating income and the price investors are paying for that income in the current market. Clay Newton and his team at Kidder Mathews analyze the building’s rents, vacancy, and operating expenses, then compare them with recent sales of similar buildings in the Portland–Vancouver metro, Oregon, and Southwest Washington. Unit count, year built, condition, rent upside, and the financing available to buyers all affect the final number. Clay’s background in appraisal gives him and his team a distinct advantage when it comes to the valuation of properties. Clay will review an owner’s financials and talk through what the building is likely to sell for, based on the sales he has closed nearby. Owners are welcome to call him before deciding anything.
How does selling an apartment building work?
Clay Newton and his team at Kidder Mathews guide owners through each stage of a sale in Oregon and Washington:
- Valuation and strategy. Clay reviews the financials, sets a pricing range, and plans the sale around the owner’s tax and cash goals, including a 1031 exchange if one applies.
- Preparation and marketing. The team builds the offering package and markets the property to qualified buyers.
- Offers and negotiation. Clay reviews offers with the owner, covering price, terms, and buyer strength, and negotiates a purchase agreement.
- Due diligence. The buyer inspects the property and verifies leases and financials. Clay manages the process to keep the deal on schedule.
- Closing. The team works with escrow, title, and lenders through closing and delivery of proceeds.
Can Clay Newton help me with a 1031 exchange?
Yes. Clay Newton and his team at Kidder Mathews frequently structure apartment building sales in Oregon and Washington around IRS Section 1031 tax-deferred exchanges. A 1031 exchange can allow an owner to defer capital gains tax by reinvesting the proceeds in another investment property. The timeline is strict. The IRS requires the replacement property to be identified within 45 days of the sale and received within 180 days. Clay builds that timeline into the sale from the start and coordinates with the owner’s tax advisor and qualified intermediary, so the owner has enough time to find a replacement. Owners considering a 1031 exchange can contact Clay to talk through their options before listing.
Clay Newton is not a tax advisor or CPA, and this information is not tax or legal advice. Consult your tax professional before making any decisions related to a 1031 exchange.
Why choose Clay Newton to sell my apartment building?
Clay Newton is an Executive Vice President and Shareholder at Kidder Mathews in Portland, Oregon, with more than 30 years of commercial real estate experience and involvement in roughly $2 billion in multifamily sales. He has been recognized as a top producer at Kidder Mathews, winning the “Big Hitters” award, which recognizes the top 10% of Kidder brokers in the Pacific Northwest, multiple times. Clay specializes in apartment buildings of 10 to 200 units from Ridgefield, WA, to Medford, OR, and works with a dedicated multifamily team that includes Jordan Carter, Carson Doak, and Phillip Caguioa-Moore. The team builds its business on long-term relationships with owners rather than one-time transactions, serving as advisors, not intermediaries.
How do I contact Clay Newton to sell an apartment building or find out what it’s worth?
Owners thinking about selling an apartment building in the Portland–Vancouver metro, Salem, Eugene, or nearby markets can reach Clay Newton at Kidder Mathews directly.
Phone: 503.721.2719
Email: clay.newton@kidder.com
If you’re weighing a sale, wondering what your building is worth, struggling with a property and need advice, or want a second set of eyes on a deal, Clay is glad to talk it through with you.
Portland CRE News
Portland’s Oldest Dive Bar Reopens with Offices Upstairs, $750K Later
HoodlineKelly’s Olympian, the 124-year-old watering hole downtown Portlanders have long called the city’s oldest dive bar, reopens Tuesday with a...
Read More
La Pulga Market Plans a November Opening in Gresham
What Now PortlandLa Pulga Market is planning to open at 867 E. Powell Blvd. in Gresham, with the owner aiming for November, before Thanksgiving. The opening depends on...
Read More
DSV Breaks Ground on 750 KSF Warehouse Hub in Metro Portland
Commercial Property ExecutiveDSV broke ground last week on Oregon Regional Warehouse Hub, a 750,000-square-foot industrial project in Hillsboro, Ore. The facility is intended to...
Read More