by Bernard Gehret | Jan 6, 2021
SOLD: The Hudson Apartments, a 20 unit apartment building sold for $2,850,000 on December 31,2020. The property features 20 one-bedroom units, located in a quiet setting with views of Oregon City. The sellers completed a number of capital expenditure items recently,...
by Bernard Gehret | Jan 5, 2021
What a crazy year we had in 2020! A internet meme’s are proclaiming: “Hindsight is 2020”, cheers to looking forward to a hopeful and positive new year. I am providing a webinar for Multi-Family NW next week, January 12, at 10 am, to discuss the...
by Bernard Gehret | Dec 17, 2020
In a release on December 15, Kate Brown is calling a special session, which most likely includes extending the eviction moratorium and a relief fund for landlords and tenants. The initial proposal allowed for tenants to legally not pay rent, and the landlords would be...
by Bernard Gehret | Dec 8, 2020
TOP TREND #4: Migration Patterns Away From Urban Core I am seeing 3 major migration patterns due to COVID: #1: Covid tended to get people to move from urban to more rural Get more space, less density, yard for the kids Working from home Uptiered their living...
by Bernard Gehret | Dec 7, 2020
2020, what a year! Last week, I gave one of our quarterly seminars regarding the top apartment market trends I am seeing during the pandemic. While a lot of uncertainty is going on in the markets, incuding the stock market and real estate market, I am seeing seven...
by Bernard Gehret | Dec 3, 2020
For sale, two vintage duplexes on one tax lot, listing price is $1,275,000. The property is located at 410 SE 10th Avenue, Portland, Oregon. This charming, 1906 year built property was remodeled in 2016 with new kitchens, appliances, washers and dryers, and...
by Bernard Gehret | Dec 2, 2020
In their December, 2020 report, Apartmentlist.com outlines the rental decreases in Portland and the increases in the surrounding areas like Hillsboro, Beaverton, and Gresham, Oregon, which matches the urban decreases in rents in other cities like New York and San...
by Bernard Gehret | Nov 25, 2020
The Rental Housing Journal reports the Oregon supreme court will hear the appeal of the Portland landlords after the landlords lost their appeal in the Oregon appeals court. Attorney for the landlords, John A. Dilorenzo Jr. states why the ordnance is in violation of...
by Bernard Gehret | Nov 24, 2020
Since 2012, I have provided quarterly seminars for our clients on multi-family related topics. This quarter’s topic, “The Top 7 Apartment Trends Due to COVID” is timely, as everyone is impacted. Here is more information on the seminar.* Email me...
by Bernard Gehret | Nov 23, 2020
Oregon lawmakers are in session at this moment, on the docket is a proposal for extending Oregon’s tenant eviction ban. Currently, the Oregon eviction ban is scheduled to end at the end of 2020, however, Oregon lawmakers are proposing to extend the band until...
