by Bernard Gehret | Apr 1, 2021
SOLD! The Fessenden Court Apartments, a rent restricted and income restricted deal originally built by the Peninsula CDC (now defunct) sold for $860,000. The property features nine, three-bedroom, one bath units, with off-street parking and a laundry facility. The...
by Bernard Gehret | Mar 2, 2021
Apartmentlist.com’s latest rent report is out, they are reporting that rents are recovering post COVID across the country, with Portland rebounding slightly at a 0.6% month-over-month increase. The national rate is 0.7% month-over-month increase. Here are some...
by Bernard Gehret | Feb 18, 2021
I recently delivered a webinar for Metrofamily NW titled: “The Top 10 Ways To Maximize Your Apartment NOI in 2021”, and in this changing market, the “tricks of the trade” are definitely changing from recent years as well. Here is a brief...
by Bernard Gehret | Feb 17, 2021
I recently delivered a webinar for Metrofamily NW titled: “The Top 10 Ways To Maximize Your Apartment NOI in 2021”, and in this changing market, the “tricks of the trade” are definitely changing from recent years as well. Here is a brief...
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...
