Net operating income (NOI) is the driver of value in real estate investing. By: Brian Pelky, Advisor, SVN Bluestone and Hockley. Click HERE for more news on SVN Bluestone & Hockley! Stay Connected. Leasing Portland Industrial While leasing activity has slowed as firms adjust expectations and needs in response to COVID-19, the industrial sector is holding up better than other For your property management needs, visit the Bluestone Real Estate Services website. 3800 Cliff Hockley Executive Director 503. 00/SF/YR; Total Space Available 2,181 SF; Floor 3; Divisible Space 2,181 - 2,181 SF; Available Date Immediate; Lease Type Full Service; Renewal Option Yes; Sublease No;To better reflect the company we are today, we are undergoing a meaningful and powerful change to our brand: Sperry Van Ness® has proudly become SVN®. as well as real estate brokers that are part of our sister company SVN |. 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. Property Type Office - General Office. Portland, Oregon, United States Senior Advisor Retail & Office Leasing. SVN | Bluestone & Hockley is an independently owned and operated SVN® office. Home; About; Services; Specialties; Properties; Advisors;Bluestone and Hockley Real Estate Services SVN | Bluestone and Hockley. 3M 229K 4. 5 days Convert cf to gallons times minutes (1 cf= 7. 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. Net operating income (NOI) is the driver of value in real estate investing. . My specialty is in Investment Sales, but I also represent Landlords in strategic leasing of. When KKR & Co. Families Key in Future Rental Housing Market. Finding a property that made sense was extraordinarily difficult. BEAVERTON, OR 97005 Patrice Cook Advisor 503. By working with the seller to get the city code violation signed off, they negotiated with the city to reduce their lien. While the terms of the agreement were not disclosed in the announcement, local media outlets have reported that the property deal will be structured. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. 25% while. However, due to personal issues, a decision was made to sell the property. Landlord and Tenant Law. Source: Kelsi Maree Borland with GlobeSt. The latest economic update from SVN Research! CPI Inflation (1) The Consumer Price Index (CPI) rose 3. A real estate market that is now officially on the map in the eyes of institutional and private capital. Remember when you learned how to ride a bike. SVN Bluestone & Hockley 2019 Recap and Successes. View Article. The Consumer Financial Protection Bureau began to publicly consider in March 2021 what steps it could. Suite 300, Portland, Oregon will host Eileen Day, CPA from Holmes and Company, LLP for a discussion on the new federal tax codes signed into law this past December and what these changes mean for real estate overall, and your investments. If you calmly, wisely make the best of this difficult time, you. At the end of 2015 Sperry Van Ness Bluestone & Hockley was re-branded to SVN Bluestone & Hockley. That has attracted a lot of investors. James Schaff, President of SVN Bluestone. The SVN | Bluestone & Hockley corporate office at 9320 SW Barbur Blvd. View Article Equity Residential Takes Chips Off the Table by Selling 23,000 Units of Their Perceived Risky Apartments Assets. Property Size 60,115 SF. Visit and follow us on LinkedIn and Facebook!Tech Industry Driving U. Values go up and down. After an extensive search, Cottonwood Apartments, located in Redmond, Oregon was identified as the up-leg of the exchange. ”On Thursday, September 29, 2016, SVN Bluestone & Hockley co-hosted a seminar on “Due Diligence in Commercial Real Estate Transactions” with Dunn Carney Allen Higgins & Tongue LLP. We are more than just brokers, we are experienced advisors. Suite 300, Portland, Oregon will conduct a class taught by Attorney, Leah Sykes. . All amenities are within walking distance. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. Rent collections have ranged from 70-90%, depending on the ability of people to work. SVN Bluestone, Principal Broker. Suite 300, Portland, Oregon will host Brian Mares, LEED AP, and Peter Grim, AIA, of Scott | Edwards Architecture for a review of the proposed property zoning changes coming in 2018. Albeen, CCIM, EVP What’s going on, in general, in the area of office properties as a result of Covid-19? From an operational perspective, many office buildings are in states of partial or total shut-down due to a combination of government action forcing the issue and. Whether you are located in Portland, Beaverton, Lake Oswego, Vancouver, Hillsboro or Gresham we have the right. We offer in-house support services, including financial analysis, research, and marketing. But Brian Stoffers, global president of debt and structured finance for Capital Markets at CBRE, doesn’t see lenders making irresponsible loans. SVN Bluestone is a company that operates in the Real Estate industry. Suite 300, Portland, Oregon will conduct a class taught by Managing Principal of KPFF, Blake Patsy. Stay Connected. Real estate appraisers in Oregon, are carefully threading the needle of real estate valuation, as they assess the COVID-19 coronavirus and its impact on real estate supply and demand. But now, retailers both large and small are seizing the opportunity to expand their operations beyond traditional shopping centers and onto university campuses where they can capture the attention of a niche audience: students. Here’s Why. 4% over the past month, but are down slightly by 0. 2% month-over-month. John Brandhorst, Senior Advisor, Sperry Van Ness/Bluestone & Hockley. Prior to passing the $2-trillion dollar stimulus package, the federal government had extended the tax filing requirements. In this presentation, Blake will present the latest updates on the City of Portland’s ordinance changes for Unreinforced Masonry (URM) buildings, including placarding and. The face of campus retail is changing. Hockley, President Bluestone and Hockley Real Estate Services, Executive Director, SVN | Bluestone and Hockley As an. We advise clients on a wide variety of issues ranging from overseeing capital improvements and buildouts to branding a. 4% Units paid so far; We are making good progress regarding our residential tenancies. One year ahead inflation expectations for rent ticked up 20 basis points to 9. ” Forty-three percent of respondents in a survey indicates that less than 5% of their worksite include enclosed offices. Overview Vancouver Multi-Family 1,682 1,820 3. From industrial markets continuing to sizzle to apartment rents remaining moderate, here are a few predictions for the new year. The number of unemployed persons was also little changed at 5. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. 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. An accomplished real estate broker since 2004, Brian began his real estate career in finance by assisting with the acquisition of. We are a leader in the. While the trend has started to re-improve, the current mark remains 4% above its recent low measured two weeks ago. Tenants are struggling to pay their rent, and the government. The fall of the Toys “R” Us chain, with more than 700 U. When optimized, they can increase cash flows, reduce tax liability and uncover missed deductions. Visit and follow us on LinkedIn and Facebook!Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. 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. While auto leadership teams prepare for technological disruption, few are focused on the possible double punch of a recession and shifting demographics that is likely to slash automotive sales before new technologies take off. Beaverton, Oregon, United States. Millions of consumers in pandemic-related financial straits have also faced housing instability due to the difficulty in paying rents. His thoughts focused on managing the company in case I was unable to. The complex is well maintained with a stable tenant base. Portland rents have increased 0. 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 andSignup for our email newsletter and stay connected with up-to-date market information, closings and new listings. Visit and follow us on LinkedIn and Facebook!Overview Portland Multi-Family 7,390 10,627 5. SVN Bluestone is a commercial real estate firm specializing in the sale and lease of properties. SVN | Bluestone Apr 2022 - Present 1 year 4 months. Kristin Schaff, Executive Vice President, SVN Bluestone. Foxstar Apartments is a 20 units complex situated in East Portland. 7% year-over-year, the lowest annual increase since October 2021. 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. SVN | Bluestone & Hockley (503) 459-4387 Contact Broker see more see less: 320: Space Type General Office ; Lease Rate $23. Absorption Units Vacancy Rate 12 Mo. 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. We were invited to a special meeting of friends. Real Estate investors forget how important accounting is to their investment success. During. com. Visit and follow us on LinkedIn and Facebook!The SVN | Bluestone & Hockley corporate office at 9320 SW Barbur Blvd. 9% 4. Utilizing smart space solutions to create adaptable and flexible living spaces will serve as a necessary ingredient in preparing our cities for what the next half century. Mom and Dad typically gifted you a new bike with training wheels, so you could learn how to bike without crashing right away. The latest economic update from SVN Research! CPI Inflation (1) The Consumer Price Index (CPI) rose 3. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. the SVN® brand, is one of the industry’s most recognized names based on the annual Lipsey Top Brand Survey. The answer is a resounding yes!!! Investors, appraisers, and financial institutions are resetting their. 1% month-over-month, according to the latest numbers from. -The average worker spends 40% of the day at their desk. Overview Vancouver Multi-Family 1,682 1,820 3. This is What the Upcoming Tenant’s Market Will Look Like. 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. 222. Year Built 1980. SVN | Bluestone University of Oregon About About Vice President Portfolio/Asset Management with proven track record of success across. For tax payments of up to $10 million, the IRS has also. Asking Rent Growth Vancouver consistently exhibits robust fundamentals andThe Redwood Inn is a 47 room, 12,200 SF hotel in Medford, OR. 122 followers 119 connections Join to view profile SVN Bluestone Portland State University Company Website Experience Commercial Real Estate Adviser / Broker SVN Bluestone. SVN | Bluestone & Hockley represented both the buyer and the seller in the transaction of Foxstar Apartments. You are responsible. 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. Major. The Challenge of the sale was that the owner wanted a quick sale and but at the same time. Industrial Experts Address Challenges Amid Historic Demand. By: Brian Pelky, Advisor, SVN Bluestone and Hockley. It was a great building and we owned it for. 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. . View Article. 222. This event will be held on. SVN | Bluestone is a Portland Metro and SW Washington commercial real estate brokerage firm specializing in the sale of commercial. Are rents surging because of the eviction moratorium? The answer? Not directly, but it’s likely a contributing factor. In the first half of 2023, with ever-increasing interest rates, the sales market has ground to a halt. Appraisal Adjustments – Covid-19 – Full presentation. SVN Bluestone and Hockley Senior Advisor, Brian Resendez, represented the seller and the buyer in the transaction. View Article. Delivered Units 12 Mo. We scrimped and saved and after three years we purchased a 6000 square foot building. The below information was obtained from SVN’s Economic Outlook dated April 28, 2023. . SVN | Bluestone & Hockley 4915 SW Griffith Dr. Delivered Units 12 Mo. Email. All of us have been affected in one way or another. SVN Economic Outlook: April 14, 2023 CPI Inflation. What is your geographic market and product specialty? My geographic market is the Portland MSA and my product specialty is office. This may be lower than the real number due to the challenges many newly unemployed. 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. Our Properties. 7% 9. Asking Rent Growth Vancouver consistently exhibits robust fundamentals andBluestone Real Estate Services SVN | Bluestone. The SVN organization is a globally recognized commercial real estate entity united by a shared vision of creating value with clients, colleagues and our communities. 48 * 1440 = 10771. SVN Bluestone & Hockley Senior Advisors represented the buyers. With the re-election of Mayor Ted Wheeler and Mingus Maps and Dan Ryan as City Commissioners, the city of Portland has turned a corner towards moderation, and it is not a moment too. With over 200 locations serving 500 markets, SVN provides sales, leasing, corporate services and property management services to clients across the globe. By Jamie Gingell, Director of Commercial Property Management of Bluestone and Hockley Real Estate Services. SVN Economic Update: February 24, 2023 Homebuilding Sentiment Rises. National Real Estate Investor ranked the hottest and the worst multi-family markets in the US for investors: The best markets for multi-family investors: Boston Denver Des Moines Raleigh/Durham Salt Lake City San Jose Seattle Charlotte Washington, DC The worst markets for multi-family investors: Cleveland Houston Kansas City Los Angeles New. Visit and follow us on LinkedIn and Facebook!SVN Bluestone, Principal Broker As we near the mid-point of 2023, the Portland apartment market has shifted dramatically from 2022 which was a record-breaking year. 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. VANCOUVER AVAILABILITY. Three. A group that has wanted to see if they can have a positive impact on the city of Portland’s homeless crisis. When it’s time to return to the office and reopen business there are multiple things to consider. SVN | Bluestone 22 years 4 months Salesperson SVN | Bluestone Aug 2001 - Present 22 years 4 months. 00/SF/YR. 618 BUILDING | 618 NW GLISAN ST. Brian Pelky has been a licensed Washington since 1996, and a CCIM (Certified Commercial Investment Broker) since 2008. By Cliff Hockley, CCIM, CPM Principal Broker and Senior Advisor, SVN Bluestone I have been working with investors for over 35 years. Darcie Seal is a Manager, Community Property at Bluestone & Hockley Real Estate Services based in Portland, Oregon. Are cannabis grows, or cannabis retailers good investments? Potentially they are, but they carry risks that more traditional uses do not, and it is important to evaluate the full risk profile of the property. 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. . Suite 300, Portland, Oregon will host Brian Mares, LEED AP, and Peter Grim, AIA, of Scott |. Other construction hotspots include North Interstate Avenue, the Pearl District and the Central Eastside. 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. SVN Economic Update: January 13, 2023 CPI Inflation. Park Regency is a well-kept property being sold to resolve a trust. Absorption Units Vacancy Rate 12 Mo. 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. . SVN Bluestone, Principal Broker The world’s climate is changing and so are the methods adapted to adjust to the changes. During listing process the team of Hunter, Funk and Morris proposed the highest asking price along with a unique marketing plan for the property. Resident Relationship Manager at Bluestone & Hockley Real Estate Services Elsa Sandoval is a Resident Relationship Manager at Bluestone & Hockley Real Estate Services based in Portland, Oregon. An accomplished real estate broker since. SVN | Bluestone & Hockley is a Portland commercial real estate brokerage firm specializing in the sale of commercial and multifamily properties, and the leasing of commercial space. 5% year-over-year and just 0. Maple Grove is a well-kept multifamily property that is being sold to resolve a trust. Buying a CRE asset above its value or at a low cap rate is rarely a route to a successful transaction. The property manager at Bluestone and Hockley worked with the broker to reclaim a smaller better-situated space, that had been vacated during COVID. Most Investors just look at one thing, how big the check is at the end of the month. The SVN | Bluestone & Hockley corporate office at 9320 SW Barbur Blvd. To better reflect the company we are today, we are undergoing a meaningful and powerful change to our brand: Sperry Van Ness® has proudly become SVN®. 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. Bluestone and Hockley Real Estate Services has been an Accredited Management Organization (AMO) since April of. 8: 5. Executive Director, SVN | Bluestone and Hockley. 3800 cliff. By Clifford Hockley, CPM, CCIM SVN Bluestone, Principal Broker Henry Ford, the father of Ford Motors, had a relentless focus. With average asking office rents across the country up nearly 20% over the past five years, many occupiers are seeking alternatives to leasing space. SVN Bluestone. SVN Bluestone and Bluestone Real Estate Services. SVN | Bluestone & Hockley is a Portland commercial real estate brokerage firm specializing in the sale of commercial and multifamily properties, and the leasing of commercial. That did not transpire and the client now sought to liquidate the investment The property contained four abandoned, unusable mobile homes. Delivered Units 12 Mo. 1% 12 Mo. To keep you informed, SVN Bluestone & Hockley has summarized the 2019 legislative changes. Get more news at SVN Bluestone and Hockley Stay Connected Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. 54836. The SVN Brand is comprised of over 1,600 Advisors and staff in more than 200 offices across the. 2460 Turner Rd SE Marion County 9,000 Q4 20 - - SVN Commercial Advis… 2661 Cascadia Industrial St SE Marion County 7,764 Q1 21 - - Pacific NW Properties 395 Market St NE Marion County 7,600 Q2 21 - - Mosar Commercial Pro…1085 13th St SE Marion County 3,200 Q3 20 - - SVN Commercial Advis… Laine Square Marion County 3,180 Q3 20 - - Doug Bean & Associat… 318-320 Lancaster Dr NE Marion County 2,700 Q1 21 - - Hancock Real EstateRead More News on SVN Bluestone & Hockley. Many commercial real estate investors are experiencing significantly reduced income from their properties. 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. The yield curve, a measure of interest rate differences between short-dated and long-dated securities, has similarly continued along a path of recent recovery. At 70%, Renewals Dominate Office Leasing. Read more news at SVN Bluestone! Stay Connected. Back Submit. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. SVN Economic Update: April 2021 Covid Cases and Vaccinations. The program will require both business tenant and property owner participation. The report shows that for the first time, nonstore retail sales, which include e-commerce sales, totaled more than those for the department stores that anchor most traditional Class B and Class C malls. , 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. 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. After a four-year update process, the new 2035 Comprehensive Plan was adopted on June 15,. It provided an opportunity for local commercial property owners/managers to connect with experts in commercial real estate. 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. Landlords of warehouse and distribution properties may look to shorter leases to capitalize on burgeoning e-commerce-driven demand, with the pace at which average lease terms are. . 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. CPI Inflation The Consumer Price Index (CPI) rose 6. – SVN | Bluestone & Hockley, one of the nation’s premier net lease brokerage firms, has completed the sale of a 99,215. After peaking at 100,000 branches in 2009, the number of bank. Overview Portland Industrial 2. The SVN | Bluestone & Hockley corporate office at 9320 SW Barbur Blvd. 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. 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. The Owner of the property had been long-term owners and built property. It is located in Milwaukie, a suburb of Portland near the terminus of the MAX line. com SVN | BLUESTONE & HOCKLEY |9320 SW BARBUR BLVD. The roads were clear, and it was 50 degrees out. After all, many luxury brands have offered semi-autonomous features for years – cruise control, lane assist, perfect parallel parking, etc. Submarket: Total Inventory (SF) Direct Vacancy Rate % Total Availability Rate % Total Leasing (SF) Total Sales Volume (SF) Northeast: 80,183,658: 3. Wealth may pay, but it may not stay. Contact SVN Bluestone and Hockley Advisors for. Overview Portland Multi-Family 7,390 10,627 5. Where landlords once only needed to provide 20 days’ notice, they now must provide 60 days’ notice. . The SVN | Bluestone & Hockley corporate office at 9320 SW Barbur Blvd. With over a. View ArticleSince commercial real estate is a leverage business, many owners may need to restructure the loans secured by their properties to achieve more attainable economic terms and to avoid loan defaults, foreclosures and the loss of their properties. 49 likes. 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. Not the largest or the most actively contested markets, the 2016 Retail Markets to. Today, I am an Oregon and Washington licensed Real Estate Advisor, working under SVN / Bluestone. , Suite 300 Portland, OR 97219 503. 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. We strive. 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. But Who Are They and What Do They Ask For? It is survival of the fittest in the retail universe, as those retailers considered essential by government officials and well-capitalized will remain viable post-pandemic, while those who are not are falling behind. While it is certainly important for clients to make a plan for their eventual death, if that is all they plan for, their planning will be woefully inadequate. SVN | Bluestone and Hockley. This 18 guestroom motel is located on . Changes in Portland FAIR Access in Renting Ordinance. Portland Metro. 2% 12 Mo. The Bluestone Real Estate Services team has managed residential and commercial property and community associations throughout the Willamette Valley, Oregon Coast and SW Washington areas since 1972. Get more news at SVN Bluestone and Hockley. 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. com. . ProSchools 15 years 9 months Enterprise Catalog Manager ProSchools Dec 2002 - Aug 2018 15 years 9 months. The relief generally applies to all. 2% from one. Visit and follow us on LinkedIn and Facebook!SVN | Bluestone & Hockley 4915 SW Griffith Dr. 5 03. The SVN | Bluestone & Hockley corporate office at 9320 SW Barbur Blvd. Is your commercial real estate producing the Income it should? How will the national economy, the Fed, and Local Market trends. 3%. Visit and follow us on LinkedIn and Facebook!SVN Economic Update: January 27, 2023 GDP. Absorption Units Vacancy Rate 12 Mo. Higher Mortgage Rates Begin to Cool the Pricey Housing Market. Here are ten key considerations to guide you generally in pursuing loan restructuring transactions with. 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. 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. 5% year-over-year and just 0. This affects real estate investors because if you buy or sell a property, you may need to prove that your drywells are registered. 6% and registering well below the Dow Jones consensus forecast of 2. . The company is headquartered in Beaverton, Oregon. Over 16 million initial claims for unemployment insurance were filed across the nation in the first three weeks of the crisis. Visit and follow us on LinkedIn and Facebook!The Rush to Refinance Multifamily Properties Continues. Bluestone & Hockley, President SVN Bluestone & Hockley, Executive Director 503. It’s clear from almost every metric that the Portland multifamily sector’s performance in 2018 outstripped that of the prior year in virtually every respect: rent growth increased, sales volume was up more than 30 percent and the number of new units added to the market during the year is way, way up. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. The investor stated he would not buy it unless Kevin could find a tenant to occupy the space. Economic output has slowed from Q3 2022, when real GDP grew at. 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. . The Four Phases of Recovery We Can Expect Next Year. . 9% 12 Mo. A majority. 503-577-7710 brian. After being vacant for quite some time, Stacy Looney with SVN Bluestone, negotiated the lease for 7,965 SF of retail. SVN | Bluestone 153 followers 1w Report this post Report Report. Our new brand more accurately represents the company’s. Commercial real estate experts forecast increasing demand for modular construction in the healthcare, industrial, education and multifamily sectors. Cost segregation studies are a very effective way to generate savings when buying investment property. Building Class B. To what degree will depend heavily on the property and the location. Pennsylvania Bluestone Veneers The real deal from the prolific quarries of the Northeast. It’s possibleDear Clients, Colleagues and Friends, We are very lucky to have an abundance of small businesses throughout our community. Foxstar Apartments is a 20 units complex situated in East Portland. 0% year-over-year through June, according to the latest numbers from the Bureau of Labor Statistics. The transaction closed in March of 2021. Absorption Units Vacancy Rate 12 Mo. Here in Oregon nearly 270,000 initial claims were received in those first three weeks. Federal Resources SBA Economic Injury Disaster Loan Program SBA is providing low interest working capital loans of up to $2 million to small businesses and nonprofits affected by the coronavirus. Stay Connected. Most commercial or multifamily properties have parking lots, and most of these parking lots may have drywells. 6The program will open for applications on March 8, 2021. 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. The client wanted to buy a property in a market as the CAP rates were adjusting downwards. Executive Director, SVN | Bluestone and Hockley. CANYON SQUARE SHOPPING CENTER 4130 SW 117TH AVE. Many years ago, our attorney advised us to implement a succession plan. As the pandemic rages on both companies and their employees are looking to the suburbs for salvation, the theory being that the wider spaces in these city outskirts will make social distancing that much easier. 7% year-over-year and 0. Why are they doing this? Because they are tired of dealing with the day-to-day challenges of managing residential properties. The Consumer Price Index (CPI) rose 0. SVN Bluestone, Principal Broker If your desk is like mine, it might be a little cluttered. 1% month-over-month and 5. The seller wanted a quick sale at the highest possible price. Now that we’ve. This change is built atop the shared value brand pillars — open, collaborative and transparent — that underpin our business model. Of course, you have other impacts to consider such as taxes, crime, economy, and Covid pandemics. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. 1% during the first quarter of this year, slowing significantly from the Q4 2022 annualized rate of 2. The company is headquartered in Beaverton, Oregon. . Housing is popular because it has generally held up during the pandemic. 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. These include banking and lending risks, insurance costs, and. Bank branches across the US continue to bleed out as the COVID-19 pandemic rolls on, and experts caution that the impact on the CRE industry could be profound this year. . More time for you. 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. That scenario could leave many companies weakened and some unable to survive the transition. Guide to Reopening Business Amid Covid-19: Landlords. Delivered Units 12 Mo. 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. com. Penalties The following chart show the potential of a penalty for each type of infrac-tion based on the ordinance. By Clifford Hockley, CPM, CCIM SVN Bluestone, Principal Broker Henry Ford, the father of Ford Motors, had a relentless focus. The Ester Lee Motel is an historic motel located along the Oregon Coast Highway overlooking the Pacific Ocean. According. SVN Bluestone and Hockley Advisors Cliff Hockley, Jim Wierson, and Olesya Prokhorova represented the. America Inn & Suites – Waldport, Oregon. 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. Asking Rent Growth Portland's multifamily sector is weathering the lingering By Cliff Hockley, President of Bluestone and Hockley Real Estate Services Executive Director, SVN | Bluestone and Hockley. stores, shows how much retail real estate has changed in just the last decade. This past year for residential landlords has been a whirlwind of changes and new laws. 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. This year’s Washington state legislative regular session ended as scheduled on April 25, 2021. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. The future of office demand is a hot topic around the country as COVID-19 required companies to engage in the largest work-from-home experiment in history. Many real estate investors are transitioning from Multifamily investments to commercial and NNN investments. In this presentation, Leah Sykes will update us regarding changes to the city of Portland’s Landlord – Tenant ordinances with a focus on the major changes to tenant screening and security deposits. SVN Advisors also represent clients in auction services, corporate real estate,Training the Next Generation of Real Estate Investors- Your Kids. 0%. Absorption Units Vacancy Rate 12 Mo.