Spring Woods Apartments Closes at $39.3 Million

Spring Woods Apartments Closes at $39.3 Million Following Rapid Market Execution SMI Real Estate is pleased to announce the successful closing of Spring Woods Apartments, a newly constructed 174-unit multifamily community located at 4040 Hayesville Drive NE, Salem, OR, for $39,300,000. Built in 2025, Spring Woods represents one of the highest-quality multifamily developments in the region.…

SMI Real Estate Broker Chris Salaz

SMI Real Estate Announces New CEO

SMI Real Estate Announces Chris Salaz as New CEO and Partner SMI Real Estate is proud to announce that Chris Salaz has become a partner in the company and assumed the role of Chief Executive Officer effective April 1. Founder and past CEO, Gabe Johansen, has transitioned to President of the SMI Family of Companies,…

Best Buyer’s Market

This Is the Best Buyer’s Market I’ve Ever Seen (1,400+ Unit Owner Explains) Gabe Johansen is the President of SMI Real Estate, one of Oregon’s leading brokerages and property management firms, and the CEO of Stack Asset Group, a vertically integrated real estate investment and development company focused on long-term value creation across the Pacific…