In 1987, SVN pioneered a better way of handling real estate transactions with the goal of putting the client’s interests first. The yield on a 10-year US Treasury Bill rose to 1. We are all wondering if brokers and investors can find deals during the pandemic. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. Karlin Conklin Managing Director Sperry Van Ness / Bluestone & Hockley (Portland, OR) Biography. With the recovery well underway and an unprecedented amount of fiscal stimulus still making its way through the economy, it is no longer just a fringe cohort of pundits thinking that the US may, once again, be heading toward a period of sustained higher inflation. I am a Hotel Broker with combined experience in hotel operations, commercial real estate investment, and mortgage lending services. SVN | Bluestone Advisors provide local commercial real estate knowledge and expertise that transcends typical brokerage services. 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. 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. Real GDP increased at a 2. The hotel sold for $1,00,000 and will be converted to affordable housing. SVN Advisors also represent clients in auction services, corporate real estate,Training the Next Generation of Real Estate Investors- Your Kids. Real estate investors need to improve their due diligence when they purchase properties and be attuned to the local environmental and climate conditions as they make the decision to purchase a property. It is located in Milwaukie, a suburb of Portland near the terminus of the MAX line. View ArticleThe SVN | Bluestone & Hockley corporate office at 9320 SW Barbur Blvd. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. 6% and registering well below the Dow Jones consensus forecast of 2. Why are they doing this? Because they are tired of dealing with the day-to-day challenges of managing residential properties. The SVN | Bluestone & Hockley corporate office at 9320 SW Barbur Blvd. 6% month-over-month in August, its largest monthly increase. The Ester Lee Motel is an historic motel located along the Oregon Coast Highway overlooking the Pacific Ocean. By Cliff Hockley, President of Bluestone and Hockley Real Estate Services Executive Director, SVN | Bluestone and Hockley A review of the issues facing us in 2021. 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. The ordinance reads a landlord is liable to an applicant/tenant if they fail to comply with any requirement. SVN Bluestone is a commercial real estate firm specializing in the sale and lease of properties. 7% 9. Property Type Office - General Office. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. 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. The complex is well maintained with a stable tenant base. Asking Rent Growth Vancouver consistently exhibits robust fundamentals andBluestone Real Estate Services SVN | Bluestone. Visit and follow us on LinkedIn and Facebook! The Rush to Refinance Multifamily Properties Continues. Good news for US Housing Economy. View Article. By Clifford Hockley, Principal Broker In economics, a recession is a business cycle contraction when there is a general decline in economic activity. S. By: Clifford A. Industrial Property Lease Terms Get Shorter and Shorter. Good news for US Housing Economy. In 2011, the company partnered with SVN International to provide real estate sales brokerage services. His focus is on the Clark County, Washington multifamily marketplace. 2%, gas up 40 basis points to 4. By Cliff Hockley, President of Bluestone and Hockley Real Estate Services Executive Director, SVN | Bluestone and Hockley Cost segregation studies are a very effective way to shelter investment property. From industrial markets continuing to sizzle to apartment rents remaining moderate, here are a few predictions for the new year. The expiration of the federal eviction moratorium over the weekend incited panicked headlines warning of an “evictions doomsday. View Article. Housing is popular because it has generally held up during the pandemic. Absorption Units Vacancy Rate 12 Mo. The 2,500 SF single-story retail space is located at 1212-1218 NW Glisan. . It is your responsibility to independently confirm accuracy and completeness. 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 |. The SVN | Bluestone & Hockley corporate office at 9320 SW Barbur Blvd. Two years after the start of the COVID-19 pandemic and after multiple setbacks for planned returns to the office, tech companies remain the single largest driver of. SVN Bluestone & Hockley Senior Advisors represented the buyers. His thoughts focused on managing the company in case I was unable to. These include banking and lending risks, insurance costs, and. It’s possibleDear Clients, Colleagues and Friends, We are very lucky to have an abundance of small businesses throughout our community. If you are looking for predictions for 2019 for the commercial real estate market, you aren’t alone. You are responsible. View Article. The national election is over, and we have a new president and new legislators filling both national and statewide positions. 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. More time for you. . Wealth may pay, but it may not stay. The program targets landlords with tenant businesses with 100 or fewer employees who are behind on lease payments or any forgiven base rent amounts that have been negotiated due to COVID-19. 222. Building Class B. 618 BUILDING | 618 NW GLISAN ST. When optimized, they can increase cash flows, reduce tax liability and uncover missed deductions. 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. 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. 2% from one. VANCOUVER AVAILABILITY. The Ordinance created sweeping changes to Portland in. Experienced Commercial Real Estate Brokers in Portland Oregon. SVN Bluestone is a company that operates in the Real Estate industry. 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. The face of campus retail is changing. 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. SVN | Bluestone 153 followers 1w Report this post Report Report. For decades, universities were known for their dearth of retail beyond a college bookstore. Henry Ford, the father of Ford Motors, had a relentless focus on planning. 2% month-over-month. SVN Economic Update: January 13, 2023. Most of you have heard about the Seven Deadly Sins that include; pride, envy, gluttony, lust, anger, greed and sloth. Bluestone & Hockley, President SVN Bluestone & Hockley, Executive Director 503. Net operating income (NOI) is the driver of value in real estate investing. The seller wanted a quick sale at the highest possible price. Unemployment, durable goods, home sales, retail sales, manufacturers’ shipments, construction spending — that sort of thing. 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. Stacy Looney Stacy is a licensed Oregon Principal Broker with over 21 years of in-depth sales, leasing, and management experience. News & Information. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. SVN offers specialized services across a broad swath of real estate asset classes, covering both the traditional and the alternative. Of course, you have other impacts to consider such as taxes, crime, economy, and Covid pandemics. Commercial real estate experts forecast increasing demand for modular construction in the healthcare, industrial, education and multifamily sectors. 1 These clauses remained relevant as interest rates were high - but interest rates have. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. 459. 4%. We are a leader in the Portland/SW Washington commercial real estate market, with Advisors having more than a century of combined experience. After all, many luxury brands have offered semi-autonomous features for years – cruise control, lane assist, perfect parallel parking, etc. It was the slowest monthly climb for prices since December. . 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. Absorption Units Vacancy Rate 12 Mo. According to the National Association of Home Builders (NAHB), regulatory costs account for almost a quarter of the final sale price of a new home. Q&A with Albert M Lindeman, SVP, National Council Chair Office Properties & Jeffrey C. Suite 300, Portland, Oregon will conduct a class taught by our President and Executive Diretor Cliff Hockley, CCIM, CPM, MBA. 0-5. 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. SVN Bluestone, Principal Broker. At the end of 2015 Sperry Van Ness Bluestone & Hockley was re-branded to SVN Bluestone & Hockley. About SVN | Bluestone & Hockley: SVN | Bluestone & Hockley is an independently owned and operated SVN® office. Visit and follow us on LinkedIn and Facebook!The Rush to Refinance Multifamily Properties Continues. 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. SVN | Bluestone & Hockley represented both the buyer and the seller in the transaction of Foxstar Apartments. These loans carry an interest rate of 3. SVN | Bluestone Apr 2022 - Present 1 year 4 months. 1409 Franklin Street, Suite 203. Brian Pelky has been a licensed Washington since 1996, and a CCIM (Certified Commercial Investment Broker) since 2008. Today we are delving into the 2016 Top Retail Markets to Watch. 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. The client had initially purchased the property in anticipation that a casino would be built. It provided an opportunity for local commercial property owners/managers to connect with experts in commercial real estate. To what degree will depend heavily on the property and the location. During listing process the team of Hunter, Funk and Morris proposed the highest asking price along with a unique marketing plan for the property. 0%. 9% 4. Delivered Units 12 Mo. The relief generally applies to all obligations that otherwise would. In Vancouver’s case they extended the time from 30 days’ notice to 45 days’ notice for an increase of 10% or more in a 12 month period. 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. hockley@svn. com. 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. We never stopped working even when we made the decision to leave the office to protect our employees from COVID -19. Jan 2016 - Present7 years 8 months. Long term interest rates, like the yield on 10-year Treasury bonds, fell below 1 percent at the start of. 3800 cliff. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. 4% Units paid so far; We are making good progress regarding our residential tenancies. They should be considered by every real estate investor on every transaction. We strive. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. SVN Research has published another economic update as we head into October and the final quarter of 2023! Interest Rate Decision/Economic Projections (1) At its September 20th meeting, FOMC officials left their benchmark interest rate unchanged, just their second pause since they began tightening rates in March 2022. 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! Sign Up. S. 1% during the first quarter of this year, slowing significantly from the Q4 2022 annualized rate of 2. Fuel Svn Belmont, Victoria, British Columbia. The presentation will discuss how to select the correct commercial lease clauses and ways to approach those lease clauses to add significant. – but is the world ready to hand over the safety of travel to computers? According to a. 3800. 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. All amenities are within walking distance. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. Five for Friday turns the spotlight on John Brandhorst, a senior advisor at Sperry Van Ness/Bluestone & Hockley in Portland, OR. 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. Office Leasing, as Companies Expand into New Markets. His focus is on the Clark County, Washington multifamily marketplace. The latest economic update from SVN Research! CPI Inflation (1) The Consumer Price Index (CPI) rose 3. 47 extended the length of prior notice a landlord must give for no-cause evictions. Posted on by SVN. 1% month-over-month, according to the latest numbers from. 5% year-over-year and just 0. By Jamie Gingell, Director of Commercial Property Management of Bluestone and Hockley Real Estate Services. We value long-term client relationships, which oftentimes require working at all ends of the multifamily property spectrum. They can be found throughout the city, but most are clustered in the downtown core. 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. . By Cliff Hockley, President of Bluestone and Hockley Real Estate Services Executive Director, SVN | Bluestone and Hockley. , 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. 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. Larger REIT’s. -The average worker spends 40% of the day at their desk. We recently had an environmental engineer call out the registration issue. Economic Update for March 2023. The answer is a resounding yes!!! Investors, appraisers, and financial institutions are resetting their. In the end, the Buyer assumed the existing CMBS financing with the Seller paying all assumption costs and agreeing to a price reduction, but it added tension to the deal, and it involved attorneys to sort it out. Below are additional resources for businesses as the country reopens. 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. This is the main concept I want to deliver in this article. As I am sure you have heard, the national unemployment numbers are dismal, with current rates (April 2020) estimated around 15%. To date, millennials and baby. One of the most visible and devastating impacts of the state’s stay-at-home order to protect us from the human health crisis presented by COVID-19 has been mass layoffs. 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. Different asset classes will have slightly different requirements, please feel free to contact SVN Bluestone & Hockley Advisors for further assistance. 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. Stacy Looney Stacy is a licensed Oregon Principal Broker with over 21 years of in-depth sales, leasing, and management experience. SVN Economic Update: February 24, 2023 Homebuilding Sentiment Rises. It is the final article detailing many of the Oregon laws that were passed in the 2019 legislature. SVN Bluestone, Beaverton, Oregon. View ArticleSVN Economic Outlook: March 31, 2023 (1) Interest Rate Impact on Bank Securities and Capital. By Cliff Hockley, President of Bluestone and Hockley Real Estate Services Executive Director, SVN | Bluestone and Hockley Appraisal Adjustments. At SVN Bluestone & Hockley, our Senior Advisors assist clients in the purchase or lease of commercial real estate, including hospitality, retail, apartment, office and industrial properties. Disappearing Bank Branches. Who expected a COVID -19 virus and planned for it? Who expected the government to tell residential and commercial tenants that they did not have to pay their rents? Who saved enough money in their property reserves to cover mortgage payments for three to six months or longer? No one. 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. 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. Many commercial real estate investors are experiencing significantly reduced income from their properties. 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. Expect Fewer Distressed Asset Opportunities Than in 2008. Work/ Life Balance that is absent the excessive. com. Darcie Seal is a Manager, Community Property at Bluestone & Hockley Real Estate Services based in Portland, Oregon. Back Submit. 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 building is a 14,000 Sf Flex/office building in a residential district of Vancouver. The event was a tremendous success. Other construction hotspots include North Interstate Avenue, the Pearl District and the Central Eastside. The Consumer Price Index (CPI) rose 0. 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. With average asking office rents across the country up nearly 20% over the past five years, many occupiers are seeking alternatives to leasing space. By: Clifford A. The 7-day moving average of daily COVID-19 cases in the US ticked down to 67,175 on April 19th, a modest decrease that comes after two weeks of near-daily increases. A drastic runup in lumber prices earlier this year created a challenging environment for builders, but the. 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. This property was being offered at the price the current buyer paid back in 2012 as a Bank owned REO. Brian Pelky has been a licensed Washington since 1996, and a CCIM (Certified Commercial Investment Broker) since 2008. Portland Metro. Stay Connected. After 2020, many believed the distress and dislocation of traditional shopping patterns caused by the pandemic would result in another year of an elevated number of stores shutting their doors. . We are all wondering if brokers and investors can find deals during the pandemic. Bluestone has experienced portfolio managers, quality tenants, and long-term relationships with the highest rated vendors in the industry. When KKR & Co. The latest economic update from SVN Research! CPI Inflation (1) The Consumer Price Index (CPI) rose 3. 93. There was a title. 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. We are a leader in the Portland/SW Washington commercial real estate market, with Advisors having more than a century of combined experience. The SVN Brand is comprised of over 1,600 Advisors and staff in more than 200 offices across the. 2021 Portland Tax Changes. Visit and follow us on LinkedIn and Facebook!The SVN | Bluestone & Hockley corporate office at 9320 SW Barbur Blvd. The transaction closed in March. 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. com. You probably have many ideas driving through your brain at Mach One and are valiantly trying to hold onto those ideas and tasks, while the phone is ringing, and your team members are asking you questions. A real estate market that is now officially on the map in the eyes of institutional and private capital. Multifamily Developers Struggle to Build Garden Apartments. 7% 6. The SVN | Bluestone & Hockley corporate office at 9320 SW Barbur Blvd. 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. Bluestone and Hockley Real Estate Services. SVN Bluestone is a commercial real estate firm specializing in the sale and lease of properties. stores, shows how much retail real estate has changed in just the last decade. Unfortunately for many properties during COVID, the NOI has been capitated due to the mandated residential eviction moratoria (City, State, Federal. i nfo@bluestonemgt. 5% . For tax payments of up to $10 million, the IRS has also. In the heart of the Pearl District, it is located just off of 13th Avenue and is surrounded by condominiums and apartment buildings. Thanks to the Tax Cuts and Jobs Act of. SVN Bluestone & Hockley 2019 Recap and Successes. We have exciting news to share! After our extensive search process, we are thrilled to announce the appointment of our. Jaime was 35 years old when she received a text from her mother that she was needed at home in Florida. Cascade Cove Mobile Home Park is an 18 unit mobile home park. As the nation begins to climb out of the depths of the COVID-19 crisis, landlords will “battle” over office tenants, according to a new report from Vestian, creating a tenant’s market unlike any other over the past few decades. A collaborative network of over 2,000 Advisors in 200 + SVN offices throughout the country that work together to do more deals. The fall of the Toys “R” Us chain, with more than 700 U. 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. The Consumer Price Index (CPI) rose 0. Values go up and down. More than 80% of workers spend their time engaged in collaborative work. View Article Equity Residential Takes Chips Off the Table by Selling 23,000 Units of Their Perceived Risky Apartments Assets. Delivered Units 12 Mo. Major. Executive Director, SVN | Bluestone and Hockley A reflection on being a landlord in the Portland Metro area during the pandemic. 4% 12 Mo Deliveries in SF 12 Mo Net Absorption in SF Vacancy Rate 12 Mo Rent Growth Portland's industrial sector was displaying strength even Bluestone and Hockley Real Estate Services SVN | Bluestone and Hockley. The company is headquartered in Beaverton, Oregon. “Invented in 1950s Germany, the idea of creating a workspace free of dividing walls only took off in the U. 9% 4. SVN Bluestone and Hockley Senior Advisor, Brian Resendez, represented the seller and the buyer in the transaction. This affects real estate investors because if you buy or sell a property, you may need to prove that your drywells are registered. Why are they doing this? Because they are tired of dealing with the day-to-day challenges of managing residential properties. Portland Metro. Visit and follow us on LinkedIn and Facebook!But the COVID-19 crisis has seen a growing number of people moving to the suburbs. View Article. 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. SVN | Bluestone & Hockley represented both the buyer and the seller in the transaction of Foxstar Apartments. The answer is a resounding yes!!! Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. Kristin Schaff, Executive Vice President, SVN Bluestone. 51-100. Are rents surging because of the eviction moratorium? The answer? Not directly, but it’s likely a contributing factor. Cost segregation studies are a very effective way to generate savings when buying investment property. Absorption Units Vacancy Rate 12 Mo. Cost segregation studies are a very effective way to shelter investment property. Absorption Units Vacancy Rate 12 Mo. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. 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. As a commercial building owner, as your annual operating costs increase, your annual income should increase too. 1% month-over-month and 5. 1. My specialty is in Investment Sales, but I also represent Landlords in strategic leasing of. 9% 12 Mo. As Economy Rebounds, Don’t Overlook Commercial Real Estate New Report Argues Property Can Be Hedge Against Inflation, Volatility. Net operating income (NOI) is the driver of value in real estate investing. 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. 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. 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. , Bain Capital, and Vornado Realty Trust took over the company in 2005, the buyers justified the $7. 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. While the property is in a good location with great amenities and. SVN offers specialized services across a broad swath of real estate asset classes, covering both the traditional and the alternative. 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. 48 * 1440 = 10771. 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. The property also has easy access to MAX transit line and to downtown Portland jobs. Despite a strong consumer economy, physical retailers closed more than 9,000 stores in 2019 – more. Is your commercial real estate producing the Income it should? How will the national economy, the Fed, and Local Market trends. 0% year-over-year on a seasonally adjusted basis through February, according to the Bureau of Labor Statistics’ March 14th release. Where landlords once only needed to provide 20 days’ notice, they now must provide 60 days’ notice. Visit and follow us on LinkedIn and Facebook! Sign Up. 2% from one year ago, roughly in line with last month’s increase and climbing just 0. 1% 12 Mo. There are 60 or so developments under construction valued at $10 million or more. 1% month-over-month, according to the latest numbers from. Portland rents have increased 0. . Despite the broader rise in inflation expectations, they remain well. The NAHB/Wells Fargo Housing Market Index (HMI) rose seven index points to a level of 42, its highest reading since September and the. SVN Bluestone, Principal Broker The world’s climate is changing and so are the methods adapted to adjust to the changes. Today, I am an Oregon and Washington licensed Real Estate Advisor, working under SVN / Bluestone. 462 likes. However, The seller recently refinanced and in order to sell this property he had to pay a $150,000 prepayment. **SVN Canada Weekly SALES Zone** EPHEDRINE; Post Workout (Recovery) *CLEARANCE ITEMS* Fibre; Pre-Workout; Amino Acid (Blends) Glutamine; Protein. News & Information CAM Reconciliations: What Commercial Landlords Need to Know By Jamie Gingell, Director of Commercial Property Management Bluestone and Hockley. We strive to build long-term relationships with our property owners and tenants. The relief generally applies to all. This leaves opportunities aplenty for a retail industry that has long dedicated itself to customer service. The client wanted to buy a property in a market as the CAP rates were adjusting downwards. Appraisals and Covid-19 Presentation- June 2020. This change is built atop the shared value brand pillars — open, collaborative and transparent — that underpin our business model. 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. Submarket: Total Inventory (SF) Direct Vacancy Rate % Total Availability Rate % Total Leasing (SF) Total Sales Volume (SF) Northeast: 80,183,658: 3. You are responsible for the safety and well-being of your staff, tenants and visitors to your property. New Logo to Ring in the New Year. 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. 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. 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. Without overwhelming majorities in the House or Senate, President Biden will be. Wealth may pay, but it may not stay. Brian Resendez serves as an Advisor with SVN | Bluestone & Hockley in Portland, Oregon. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. SVN Advisors also represent clients in auction services, corporate real estate,How to Prepare for the New Office Space Trends. . Email. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. Overview Vancouver Multi-Family 1,436 1,592 4. We are your source for residential and commercial property management, commercial brokerage, and HOA management. Investing in real estate is a funny thing. Basis for Calculations 1 cubic feet= 7. Real Estate investors forget how important accounting is to their investment success. Delivered Units 12 Mo. Portland, Oregon, United States Senior Advisor Retail & Office Leasing. During. 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. Sources: Brannon Broswell, ICSC Branch Banking 2020, JLL Research Report Big banks are closing antiquated branches at a record pace, but they are also opening smaller and more digitally focused ones to better serve their customers, according to research from JLL’s Branch Banking 2020. The SVN Bluestone team had the opportunity to tour the newest Co-Working space, VIDA Coworking: Make Life/Work, at 9400 SW Beaverton-Hillsdale Hwy with owner Melanie Marconi! The space features a. All of us have been affected in one way or another. Her grandmother had passed away and had appointed Jaime the executor of her estate. To keep you informed, SVN Bluestone & Hockley has summarized the 2019 legislative changes. James Schaff, President of SVN Bluestone. Brokerage. This past year for residential landlords has been a whirlwind of changes and new laws. The complex is well maintained with a stable tenant base. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. For Lease $23. Now available in thin veneer to provide a more believable alternative to "fake" cultured. Untrained and Confused. SVN Bluestone and Hockley Advisors Cliff Hockley, Jim Wierson, and Olesya Prokhorova represented the. CPI Inflation The Consumer Price Index (CPI) rose 6. 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. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. SVN Economic Update: September 2023. When it’s time to return to the office and reopen business there are multiple things to consider. Source: Austan Goolsbee New York Times, Sunday, February 16, 2020 Brick-and-mortar stores face bigger challenges from three major economic forces. Property Tenancy Multi-Tenant.