, SUITE 300, PORTLAND, OR 97219 OFFERING MEMORANDUMSVN Bluestone Senior Advisor, Stacy Looney, worked diligently for over two years to secure a 10-year lease at 9400 SW Beaverton Hillsdale Highway in Beaverton, Oregon. Washington passed several laws that rewrote much of their state’s landlord & tenant laws, resulting in an incremental win for tenants. While the trend has started to re-improve, the current mark remains 4% above its recent low measured two weeks ago. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. This is What the Upcoming Tenant’s Market Will Look Like. We scrimped and saved and after three years we purchased a 6000 square foot building. We were invited to a special meeting of friends. One of the factors that has maintained rent collections is the $600/week federal unemployment aid that is set to expire on July 31 st. The SVN | Bluestone & Hockley corporate office at 9320 SW Barbur Blvd. Suite 300, Portland, Oregon will conduct a. His focus is on the Clark County, Washington multifamily marketplace. Larger REIT’s. View ArticleSVN Economic Outlook: March 31, 2023 (1) Interest Rate Impact on Bank Securities and Capital. The property was a mixture of multi-plexes, and the Seller’s motivation was to sell the portfolio as one to simplify their exit strategy. It is your responsibility to independently confirm accuracy and completeness. SVN | Bluestone is a commercial real estate firm specializing in the sale of commercial and multifamily properties, and the leasing of commercial space. SVN Bluestone, Beaverton, Oregon. What is exciting is we were able to close the sale during the pandemic! This transaction was made possible due to the close collaboration between the buyer, seller, SVN Brokers Jim Wierson and Olesya Prokhorova, Gabe Johansen with SMI Commercial and Pioneer Bank. BEAVERTON, OR 97005 Patrice Cook Advisor 503. Visit and follow us on LinkedIn and Facebook!SVN Economic Update: November 18, 2022. The Whiskey Inn is a hotel in Pendelton, Oregon that was recently purchased to be converted to affordable housing. 4359 As long as interest rates are low, this is a good investment strategy but if interest rates increase as we expect them to, this becomes more problematic, especially for those that will only be holding real estate for the short term. Asking Rent Growth Portland's multifamily sector is weathering the lingeringExecutive Director, SVN | Bluestone and Hockley. 122 followers 119 connections Join to view profile SVN Bluestone Portland State University Company Website Experience Commercial Real Estate Adviser / Broker SVN Bluestone. The demand for office space nationally will be robust post-Covid and this will be to a growing and booming economy, which creates additional demand for office space, low unemployment, favorable fiscal and monetary policy, and new office space layouts The Seller had not checked on his prepayment penalty, and at the last minute found out it was going to be $250,000. Source: Kelsi Maree Borland with GlobeSt. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. 2%, gas up 40 basis points to 4. Suite 300, Portland, Oregon will host Brian Mares, LEED AP, and Peter Grim, AIA, of Scott | Edwards Architecture for a review of the SE Quadrant Plan adopted by Portland city planners in July of 2015. ” But underneath, they are nervous. 503-577-7710 brian. We are more than just brokers, we are experienced advisors. Visit and follow us on LinkedIn and Facebook!Top 8 CRE Predictions for 2019. 0% year-over-year on a seasonally adjusted basis through February, according to the Bureau of Labor Statistics’ March 14th release. Visit and follow us on LinkedIn and Facebook! The Rush to Refinance Multifamily Properties Continues. Read More News on SVN Bluestone & Hockley Stay Connected Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. . Here are ten key considerations to guide you generally in pursuing loan restructuring transactions with. With 30-year fixed mortgage rates topping 5% recently, home buyers appear to be reevaluating their budgets and pulling back on offers. 222. The investor stated he would not buy it unless Kevin could find a tenant to occupy the space. Today, I am an Oregon and Washington licensed Real Estate Advisor, working under SVN / Bluestone. SVN | Bluestone Advisors work with properties ranging in scope and scale from a small apartment property in a tertiary market to large institutional caliber multi-state portfolios. It was the slowest monthly climb for prices since December. Visit and follow us on LinkedIn and Facebook!But the COVID-19 crisis has seen a growing number of people moving to the suburbs. 1% month-over-month, according to the latest numbers from. Read more news at SVN Bluestone & Hockley Stay Connected Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. Email. com Full Bio have yield maintenance clauses, these are very expensive and very hard to offset, though they can be assumed at a substantial cost and with huge. A Chinese saying that goes “Wealth does not last beyond three generations”, for example, is essentially stating the same belief as to the American expression, “Shirtsleeves to. Are rents surging because of the eviction moratorium? The answer? Not directly, but it’s likely a contributing factor. Executive Director, SVN | Bluestone and Hockley. The client of SVN Bluestone & Hockley advisor Cliff Hockley only had a limited amount of time to identify the up-leg of a 1031 exchange and close on both deals. . within the last decade, spreading from tech startups to. Click HERE for more news on SVN Bluestone & Hockley! Stay Connected. Economic indicator reports arrive regularly in a newsroom. In this article we summarize tax law changes that impact Commercial Real Estate investors as well as businesses. Bluestone and Hockley Real Estate Services SVN | Bluestone and Hockley. View Article. Other construction hotspots include North Interstate Avenue, the Pearl District and the Central Eastside. Portland Metro. CANYON SQUARE SHOPPING CENTER 4130 SW 117TH AVE. Visit and follow us on LinkedIn and Facebook! Local Commercial Real Estate Advisors. 3800 cliff. Fuel Svn Belmont, Victoria, British Columbia. 5 days Convert cf to gallons times minutes (1 cf= 7. 20 gal/day) The Canyon Shopping Center has a 1,450 SF retail space available for lease. The SVN | Bluestone & Hockley corporate office at 9320 SW Barbur Blvd. Unemployment, durable goods, home sales, retail sales, manufacturers’ shipments, construction spending — that sort of thing. For the first time since March 2020, the unemployment rate in Oregon dropped below 5% in August with an overall rate of 4. Absorption Units Vacancy Rate 12 Mo. . While the office sector has clearly struggled through the pandemic, office-using employment recovery indicates future demand for physical workspaces. SNV | Bluestone & Hockley specializes in the sale of commercial and multifamily properties and the leasing of commercial space. . 5% 12 Mo. Posted on by SVN. 0% year-over-year through June, according to the latest numbers from the Bureau of Labor Statistics. For the first time since 2018, The Federal Reserve’s policy-setting committee raised interest rates as they pivot away from recovery-focused accommodations towards a more aggressive fight against persistent domestic inflation. Services, Executive Director, SVN |Bluestone and Hockley CPI lease clauses have long been a practice of Landlords, and were originally added in the 1980s to keep up with inflation when interest rates skyrocketed to 18. A collaborative network of over 2,000 Advisors in 200 + SVN offices throughout the country that work together to do more deals. Higher Mortgage Rates Begin to Cool the Pricey Housing Market. Absorption Units Vacancy Rate 12 Mo. 7% 9. Bluestone & Hockley Real Estate Services is part of the Real Estate industry, and located in Oregon, United States. We conclude with an in-depth look at the changes coming to the Paid Family and Medical Leave laws that will impact a large percentage of businesses and individuals in Oregon. Visit and follow us on LinkedIn and Facebook!SVN Economic Outlook: April 28, 2023 Q1 2023 GDP (1) The US economy grew at an annualized rate of 1. After being vacant for quite some time, Stacy Looney with SVN Bluestone, negotiated the lease for 7,965 SF of retail. Oregon opened with a bang in February passing statewide rent control, continuing with new mobile home park rules and finishing with some more state taxes. Here’s Why. com. In this Economic Update you'll find the latest data on affordable housing, REITs, Apartment Rentals and Apartment Investment Market Index (AIMI), Single-Family rentals, and trends within the Self-Storage, Office, Industrial, and Retail asset classes. 7% 9. For Lease $23. Cost segregation studies are a very effective way to generate savings when buying investment property. Delivered Units 12 Mo. The SVN Brand is comprised of over 1,600 Advisors and staff in more than 200 offices across the. SVN Bluestone Profile and History. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. That did not transpire and the client now sought to liquidate the investment The property contained four abandoned, unusable mobile homes. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. Delivered Units 12 Mo. From industrial markets continuing to sizzle to apartment rents remaining moderate, here are a few predictions for the new year. Appraisals and Covid-19 Presentation- June 2020. However, The seller recently refinanced and in order to sell this property he had to pay a $150,000 prepayment. Despite a strong consumer economy, physical retailers closed more than 9,000 stores in 2019 – more. Appraisal Adjustments – Covid-19 – Full presentation. But some aspects of our lives don’t take time off, and if you operate a business in leased real estate, your lease obligations won’t take hiatus. To what degree will depend heavily on the property and the location. 2% May Rent Collected so far; 91. Property Size 60,115 SF. By Cliff Hockley, President of Bluestone and Hockley Real Estate Services Executive Director, SVN | Bluestone and Hockley. Since the pandemic began, nearly one-third of commercial leases in the US negotiated since March include the pandemic as a force majeure event. Almost 15 years ago, as a newbie property manager, I received a scary letter from the fire marshal about one of the commercial properties in my portfolio. 4359. Brian Resendez, CCIM serves as Senior Vice President Hotels & Land for SVN | Bluestone in Portland, OR, and is Founder and Owner of Northwest Hotel Investor. Suite 300, Portland, Oregon will conduct a class taught by Attorney, Leah Sykes. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. 7% year-over-year, the lowest annual increase since October 2021. Office Leasing, as Companies Expand into New Markets. Sources: Marketplace. Visit and follow us on LinkedIn and Facebook!Overview Portland Multi-Family 7,390 10,627 5. Asking Rent Growth Vancouver consistently exhibits robust fundamentals andThe Redwood Inn is a 47 room, 12,200 SF hotel in Medford, OR. Source: Austan Goolsbee New York Times, Sunday, February 16, 2020 Brick-and-mortar stores face bigger challenges from three major economic forces. They should be considered by every real estate investor on every transaction. ” Forty-three percent of respondents in a survey indicates that less than 5% of their worksite include enclosed offices. There has been a shift in demand for rental housing due to demographic and other changes in our society. Now that we’ve. We value long-term client relationships, which oftentimes require working at all ends of the multifamily property spectrum. S. He specializes in the sale of hospitality properties in the Pacific Northwest, United States by serving the needs of hotel owners. Suite 300, Portland, Oregon will host Brian Mares, LEED AP, and Peter Grim, AIA, of Scott |. 4 Acre. Visit and follow us on LinkedIn and Facebook!Read More News on SVN Bluestone & Hockley Stay Connected Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. As we showed up just on time, we found out many more people showed up than they. View ArticleBy: Clifford A. Housing is popular because it has generally held up during the pandemic. Finding a. While your exact strategy will depend on your home state and business type, you can use this guide as a starting point to help you plan and prepare for the “new. We conclude with an in-depth look at the changes coming to the Paid Family and Medical Leave laws that will impact a large percentage of businesses and individuals in Oregon. As I am sure you have heard, the national unemployment numbers are dismal, with current rates (April 2020) estimated around 15%. The tenant, Make Life Work DBA Vida Coworking, will occupy over 12,000 SF in this highly visible and well-trafficked location!SVN Economic Update: March 2022. The Ordinance created sweeping changes to Portland in. If you are looking for predictions for 2019 for the commercial real estate market, you aren’t alone. As has been the case for much of the recent crisis, borrowers are continuing to try to capitalize on favorable rates to refinance apartment properties—that is, when they can find lenders willing to close deals. Bluestone & Hockley, President SVN Bluestone & Hockley, Executive Director 503. Some Retailers are Opening New Stores. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. Brian leads the Hotels Group at SVN | B&H, and specializes in the purchase and sale of hospitality properties in Oregon, Washington, California, and Idaho. View Article. The annual inflation rate has now fallen for six consecutive months. . Executive Director, SVN | Bluestone and Hockley As an owner of a company with between 80 and 100 employees, we have been pondering if we should be going back to work at the office. According to the National Association of Home Builders (NAHB), regulatory costs account for almost a quarter of. We advise clients on a wide variety of issues ranging from overseeing capital improvements and buildouts to branding a. Thanks to the Tax Cuts and Jobs Act of. View Article. The relief generally applies to all obligations that otherwise would. Jan 2016 - Present7 years 8 months. The Portland City Council voted on June 29, 2022, to roll back several more burdensome regulations that were passed as part of the Fair Access in Renting Ordinance (FAIR) in 2020. Overview Vancouver Multi-Family 1,707 1,878 3. Visit and follow us on LinkedIn and Facebook!Lumber Prices Drops Fueling Multifamily Building Boom. Through a culture of compensated cooperation and national reach that assures maximum exposure for each listing, SVN advisors create unprecedented value for real estate investors year after year. Absorption Units Vacancy Rate 12 Mo. ong before the pandemic, multifamily developers throughout US cities were faced with a challenging environment; characterized by a scarcity of vacant land and compounded by restrictions on density and high construction costs. Q&A with Ryan Imbrie, CCIM, Managing Director and SVN Retail Product Council Chair What’s going on, in general, in the retail asset class as a result of Covid-19? Retail tenants are experiencing a devastating impact as a result of the COVID-19. com. The Buyer had to find a financial institution (a credit union) that was willing to place four separate loans on the portfolio so that in the future, they could trade pieces of the portfolio without the limitation of one loan lumping. By: Brian Pelky, Advisor, SVN Bluestone and Hockley. Today, I am an Oregon and Washington licensed Real Estate Advisor, working under SVN / Bluestone. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. SVN | Bluestone 22 years 4 months Salesperson SVN | Bluestone Aug 2001 - Present 22 years 4 months. A drastic runup in lumber prices earlier this year created a challenging environment for builders, but the. High interest rates likely to make 2023 the slowest housing-market year since 2011 but no wave of foreclosuresSVN Economic Update: National Trends Interest Rates. Asking Rent Growth Vancouver consistently exhibits robust fundamentals andSignup for our email newsletter and stay connected with up-to-date market information, closings and new listings. The hotel sold for $1,00,000 and will be converted to affordable housing. The Fed Raises Interest Rates For the first time since 2018, The Federal Reserve’s policy-setting committee raised interest rates as they pivot away from recovery-focused accommodations towards a more aggressive. ABOUT COMMERCIAL AGENCY SVN - Bluestone (Beaverton, OR) We are local real estate brokers with expertise in industrial, retail, office and hospitality properties, and successfully represent both property owners and tenants. 7 million. Suite 300 Beaverton, OR 97005 Blog LinkedIn Facebook By: Cliff Hockley, CPM, CCIM, Principal Broker & Senior Advisor SVN Bluestone & Hockley and Bluestone & Hockley Real Estate Services Many real estate investors are transitioning from Multifamily investments to commercial and NNN. Posted on November 30, 2018 by SVN To cap off November, Five for Friday features Brian Resendez, CCIM, a Senior Advisor at SVN | Bluestone & Hockley in Portland, Oregon. The yield on a 10-year US Treasury Bill rose to 1. By Cliff Hockley, CCIM, CPM Principal Broker and Senior Advisor, SVN Bluestone I have been working with investors for over 35 years. 2021 Portland Tax Changes. The SVN Economic Update for June covers several areas but the Fed Interest Rate Decision is the highlight! Fed Interest Rate Decision (1) On June 14th, The Federal Reserve announced a pause in interest-rate increases as it assesses the effects of its tightening efforts on the economy, holding the target federal funds rate at 5. com. SVN Bluestone and Hockley Brokers (represented seller) Cliff Hockley: 503-459-4359 The Multnomah County Board of Commissioners unanimously voted Thursday to give renters 90 days of protection from eviction for non-payment of rent, now that the statewide eviction moratorium has come to an end. 1085 13th St SE Marion County 3,200 Q3 20 - - SVN Commercial Advis… 318-320 Lancaster Dr NE Marion County 2,700 Q1 21 - - Hancock Real Estate 1890 State St Marion County 2,514 Q2 21 - - Coldwell Banker Comm… Commercial real estate success story during pandemic! 1820 SE Burnside sold for $3,150,000. SVN Economic Update: January 13, 2023. . 3% in comparison to the same time last year, according to a new April report from Apartment List. 37. Bluestone and Hockley Real Estate Services has been an Accredited Management Organization (AMO) since April of. Is your commercial real estate producing the Income it should? How will the national economy, the Fed, and Local Market trends. We are all wondering if brokers and investors can find deals during the pandemic. The SVN | Bluestone & Hockley corporate office at 9320 SW Barbur Blvd. The client had initially purchased the property in anticipation that a casino would be built. View Article. 4341 patrice. To ensure each of our owners, tenants and entrepreneurs have access to the most updated resources, we are providing this newsletter to give you information that may be valuable to you. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. View Article. Foxstar Apartments is a 20 units complex situated in East Portland. . As Covid-19 continues to spread and impact every aspect of American’s lives, nothing is more important than our health and safety of that of our loved ones. SVN|Bluestone advisor Kevin Wingate-Pearse used the interest the property produced to gradually lower the offering price to 2014 market rates, and successfully negotiated with both banks to reduce the amount for their notes. But Brian Stoffers, global president of debt and structured finance for Capital Markets at CBRE, doesn’t see lenders making irresponsible loans. 9% 4. 47 extended the length of prior notice a landlord must give for no-cause evictions. You are responsible. SVN | Bluestone is a Portland commercial real estate brokerage firm specializing in the sale of commercial, multifamily and hospitality properties, and the leasing of regionally located commercial spaces. 48 * 1440 = 10771. Here in Oregon nearly 270,000 initial claims were received in those. Bluestone & Hockley and Criteria Properties are merging! SVN Bluestone and Hockley will continue to be a sister company to Bluestone and Hockley, providing commercial real estate brokerage services!Concerns about rising interest rates and weakening economic growth have led to a slowdown in commercial mortgage originations, particularly in out-of-favor asset types, despite the wide availability of debt capital. Visit and follow us on LinkedIn and Facebook! Sign Up. 9% 12 Mo. Stacy Looney Stacy is a licensed Oregon Principal Broker with over 21 years of in-depth sales, leasing, and management experience. Cascade Cove Mobile Home Park is an 18 unit mobile home park. We are more than just brokers, we are. Three Charitable Giving Solutions to Consider for Year End Strategies Your Clients Can Use Right Now It may seem too early to talk about year-end planning. Contact SVN Bluestone Advisors Jim Wierson II or Olesya… Liked by Joseph Aiston Heard a retail investor complain about 10% rent cap for residential, and explained that is the reason they don't. 8% 7. The transaction closed in March. The Portland Diamond Project noted in an announcement this past week that it reached an agreement in principle with the Port of Portland to develop a ballpark on a 45-acre site, dubbed Terminal 2. After a three-month mandatory hiatus, these firms and employees have largely successfully adjusted to working from home, but new surveys point toward workers looking to get back to normal. Overview Portland Industrial 2. Experienced Commercial Real Estate Brokers in Portland Oregon. The Four Phases of Recovery We Can Expect Next Year. SVN | Bluestone is a Portland Metro and SW Washington commercial real estate brokerage firm specializing in the sale of commercial. A Chinese saying that goes “Wealth. The face of campus retail is changing. View Article. Property Tenancy Multi-Tenant. To keep you informed, SVN Bluestone & Hockley has summarized the 2019 legislative changes. 49 likes. Visit and follow us on LinkedIn and Facebook!Tech Industry Driving U. 462 likes. Visit and follow us on LinkedIn and Facebook! CAM stands for “Common Area Maintenance,” and is used both as a general term for tenant pass-through charges, and is one of the three “nets” that comprise the “triple nets” (or NNN) of property operating expenses. Portland rents have increased 0. Vancouver WA 98660. i nfo@bluestonemgt. That’s caused home prices and rents in further-out areas to skyrocket, while price and rents have dropped in the urban cores of major cities like New York and San Francisco. Year Built 1980. – SVN | Bluestone & Hockley, one of the nation’s premier net lease brokerage firms, has completed the sale of a 99,215. The answer is a resounding yes!!! Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. Gen Z is surpassing millennials as the largest renter cohort dominating the multifamily market, which has comprised 42% of all CRE sales since the start of the pandemic, according to new Cushman & Wakefield data. SVN | Bluestone Beaverton, OR (503) 459-4387. We begin by listening to them. Contact Brian directly. Read More News on SVN Bluestone & Hockley Stay Connected Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. With unemployment still at levels not seen since the Great Depression era, the Treasury has been disbursing the benefits at a record pace of. As a result, companies are dusting off playbooks to reconsider the hub-and-spoke site selection model not just for their own corporate purposes but also. By Clifford Hockley, Principal Broker In economics, a recession is a business cycle contraction when there is a general decline in economic activity. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. However, due to personal issues, a decision was made to sell the property. Major. 137 likes · 1 talking about this · 32 were here. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. During listing process the team of Hunter, Funk and Morris proposed the highest asking price along with a unique marketing plan for the property. As a commercial building owner, as your annual operating costs increase, your annual income should increase too. Economic Update for March 2023. In 1987, SVN pioneered a better way of handling real estate transactions with the goal of putting the client’s interests first. 7% 6. Whether a clients’ charitable giving stems from a concern for those who are less fortunate, the desire to support a. As millennials age towards having children, while the generation continues to delay home buying, family-friendly rental units will become more important in the future, according to a new study on family renter housing by the Urban Land Institute, Terwilliger Center for Housing and RCLCO. as well as real estate brokers that are part of our sister company SVN |. Our new brand more accurately represents the company’s. Contact SVN Bluestone and Hockley Advisors for. Self-driving cars may seem like something out of a sci-fi movie – but the future of autonomous driving is closer than we think. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. When it’s time to return to the office and reopen business there are multiple things to consider. It’s been seven months since COVID-19 invaded our lives and consciousness. Not the largest or the most actively contested markets, the 2016 Retail Markets to. The building is a 14,000 Sf Flex/office building in a residential district of Vancouver. Suite 300, Portland, Oregon will host Brian Mares, LEED AP, and Peter Grim, AIA, of Scott |. The SVN Brand is comprised of over 1,600 Advisors and staff in more. The seller wanted a quick sale at the highest possible price. Centers for Disease Control and Prevention; US Chamber; Source: SVN Corporate Read more news from SVN | Bluestone & Hockley. Beaverton, Oregon, United States Vice President Leasing Manager Shorenstein Realty Services 2007 - 2020 13 years. The growing open floor plan trend has taken root in offices everywhere, but what was once thought as the solution to increased collaboration, many believe is slowly destroying the workplace. 1%, its highest mark since July of last year. Commercial real estate in the United States should remain a strong investment choice as the nation emerges from a pandemic-induced slump, and it can be a good hedge for investors worried that rising inflation could. Visit and follow us on LinkedIn and Facebook! Stacy Looney, Senior Advisor at SVN | Bluestone in Beaverton, OR has commercial real estate listings for sale or rent on showcase. Rent collections have ranged from 70-90%, depending on the ability of people to work. More time for you. There’s land, there’s labor and then there are governmental regulations. That is a piece of conventional wisdom that appears to transcend cultures. The fall of the Toys “R” Us chain, with more than 700 U. The complex is well maintained with a stable tenant base. CONTACT US. A majority. SVN | Bluestone and Hockley. The company is headquartered in Beaverton, Oregon. Hockley, President Bluestone and Hockley Real Estate Services, Executive Director, SVN | Bluestone and Hockley On the 15th of March 2020, in response to expected economic implosion due to the corona virus, in an unusual move for a Sunday, the Federal Reserve reduced interest rates to almost zero. “You have to understand this is a very unusual situation, with. We are local real estate brokers with expertise in industrial, retail, office and hospitality properties, and successfully represent both property owners and tenants. The Consumer Price Index (CPI) rose 0. This change is built atop the shared value brand pillars — open, collaborative and transparent — that underpin our business model. SVN Economic Update: January 13, 2023 CPI Inflation. His focus is on the Clark County, Washington multifamily marketplace. View Article Landlords Should Keep in Mind When Their Properties Serve as Delivery Pick-Up Points –. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. Of course, you have other impacts to consider such as taxes, crime, economy, and Covid pandemics. SVN Economic Update: April 2021 Covid Cases and Vaccinations. Stay Connected. A drop in lumber prices has invigorated demand for commercial building projects, especially for the multifamily product, Sherwood Lumber chief operating officer Kyle Little told CNBC last week. . My specialty is in Investment Sales, but I also represent Landlords in strategic leasing of. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. Overview Portland Industrial 2. 9%Executive Director, SVN | Bluestone and Hockley. The property is located in NE Portland location with great WalkScore. We recently had an environmental engineer call out the registration issue. There were also limited records kept for the property. Currently, median rents in Portland stand at $1,120 for a one-bedroom apartment and $1,330 for a two-bedroom. Why are they doing this? Because they are tired of dealing with the day-to-day challenges of managing residential properties. It is the final article detailing many of the Oregon laws that were. These loans carry an interest rate of 3. This past year for residential landlords has been a whirlwind of changes and new laws. That has attracted a lot of investors. You are responsible for the safety and well-being of your staff, tenants and visitors to your property. A real estate market that is now officially on the map in the eyes of institutional and private capital. Connect Patti Moller Vice President, Business Development Officer, Wells Fargo Commercial Banking Group. SVN Economic Update: March 17, 2023 Inflation. Brian Pelky has been a licensed Washington since 1996, and a CCIM (Certified Commercial Investment Broker) since 2008. On February 18, 2020, SVN Bluestone & Hockley hosted a class on the new ordinances, and their impact, to over 70 clients and colleagues! The class was presented by Russell White, Director of Residential Property Management at Bluestone & Hockley who not only has two decades of residential property management experience but has also been on. SVN Research has published the latest Economic Update! AI and Commercial Real Estate (1) A recent article by MSCI Real Capital Analytics suggests that despite the growing concern about AI’s potential impact on commercial real estate, a balanced view should be taken that considers both the economic risks of AI and its potential positive impact. Despite the broader rise in inflation expectations, they remain well. 2% 12 Mo. SVN | Bluestone is a commercial real estate firm specializing in the sale of commercial and multifamily properties, and the leasing of commercial space. But the 2017 Tax Cuts and Jobs Act set many changes in motion for charitable giving. Here is yet another Economic Update from the SVN Research department! CPI Inflation (1) The Consumer Price Index rose 3. Commercial real estate experts forecast increasing demand for modular construction in the healthcare, industrial, education and multifamily sectors. The California State Capitol building. View Article Leased! 7,965 SF at the Ross Center in Happy Valley ong before the pandemic, multifamily developers throughout US cities were faced with a challenging environment; characterized by a scarcity of vacant land and compounded by restrictions on density and high construction costs. Stay Connected. SVN Advisors also represent clients in auction services, corporate real estate,How to Prepare for the New Office Space Trends. Asking Rent Growth Vancouver consistently exhibits robust fundamentals and Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. . SVN Bluestone & Hockley Senior Advisors represented the buyers. 54836. Wealth may pay, but it may not stay. Absorption Units Vacancy Rate 12 Mo. 51-100. He specializes in the sale of hospitality properties and land for development in the Pacific Northwest, USA. By Clifford Hockley, CPM, CCIM SVN Bluestone, Principal Broker Henry Ford, the father of Ford Motors, had a relentless focus. Brian is a Partner Circle Award winner who specializes in the hospitality, and land and development areas. org & NAHB The high cost of building is one of the main reasons builders say they are not keeping up with demand for affordable new housing. SVN Economic Update: February 10, 2023 January Jobs Report. According. All of us have been affected in one way or another. This 18 guestroom motel is located on . The company is headquartered in Beaverton, Oregon. Visit and follow us on LinkedIn and Facebook!Patrice Cook - SVN | Bluestone - Portland Commercial Real Estate Brokerage. 1% month-over-month and 5. For the 15th consecutive month, July continued a downward trend in unemployment with a rate of 5. 75% for small businesses and 2. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. Asking Rent Growth Vancouver consistently exhibits robust fundamentals and SVN | Bluestone. By Clifford Hockley, CPM, CCIM SVN Bluestone, Principal Broker Henry Ford, the father of Ford Motors, had a relentless focus.