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”…
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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…
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…
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…
In my brokerage practice, the primary value I want to provide for my clients is providing high quality representation (and all that representation entails, which in my opinion is dramatically…
Apartmentlist.com released their monthly report, here is the summary: Since January, rents in the city of Portland are down 4.1% while rents in nearby suburban areas are, on average, up…
The number one mistake I see apartment owners make is they fall into the trap of thinking (or assuming) that their property manager is their asset manager. Typically, smaller properties…
These are strange days indeed! I speak to investors daily, and the main question they are asking is “What is really going on out there in the apartment market?”…
SOLD: The fourteen unit mixed use (two commercial spaces, and twelve apartment units) building, “The Broadway Apartments”, located at 2007 NE Broadway Street, Portland, Oregon sold for $2,492,500. PROPERTY FEATURES:…
The Helenas Court Apartments sold on March 25, 2019 for $2,140,000. The beautiful, turnkey apartment was operated by three generations in one family, and was immaculately maintained. SALES SUMMARY: Price:…
SOLD! The close-in four plex located at 2835 SE Yamhill in Portland, Oregon sold for $935,000 earlier this fall. PROPERTY FEATURES: -Fantastic, close in SE location -Vintage building and units…
SOLD! 22 units, Vancouver, Washington, the Greystone Apartments sold for $2,450,000. The property consists of one and two bedroom units, and was renovated and well maintained by the…
SOLD! Earlier this summer, the Parke Place Apartments located on the corner of NE Alberta and NE Cleveland Avenue sold for $2,900,000. The vintage apartments were well maintained with a…
October, 2018: The Courtyard at Park Place, 2755 NE Hogan Drive, Gresham, Oregon sold for $1,675,000. The thirteen unit apartment complex featured a mix of one studio, one-bedrooms, two-bedrooms, and…
SOLD! The Broadway apartments sold on October 1, 2018 for $2,350,000. The mixed-use property consists of twelve apartments with two retail spaces, including the popular Saint Simon Coffee Co. coffee…
NEW LISTING: 8 units for sale, 2354 NW Glisan, $1,400,000 Located in the heart of Portland’s NW Alphabet District, this charming eight unit building in on the market for the…
SOLD! Gresham, Oregon: Seven units sold for $875,000 in Gresham, Oregon, the property features two buildings, a three unit flat building, and a four-unit, two-story building on the same tax…
NEW LISTING: Five units located close-in at 519 SE 20th Avenue, Portland, Oregon for $1,100,000. The property was purchased in 2017, then renovated with a new tenant base in 2018…
For Sale in Portland, Oregon: Beautiful vintage sixteen unit on the corner of NE Alberta Street and NE Cleveland Avenue in northeast Portland just off the Alberta Street exit on…
Located on a quiet street South of SE Stark in Gresham, this 7 unit property features large two and three bedroom, one and one half bath units with ample…
PORTLAND, Oregon: Eight units sold in the Sellwood neighborhood for a WHOPPING $2,150,000! If you ever wondered if Portland is an overheated market, wonder no more because this sale is…
PORTLAND, Oregon: Recently sold for $1,250,000, this twelve unit multifamily building located on SE 119th and SE Powell featured twelve townhouse units with one and a half baths. The property…
Apartments seem to be selling for $100,000 per unit in the Portland metro for the past six months, and this 19 unit is no exception. The sellers kept great care…
Recently a client asked me to assist him and his wife plan his exit strategy on their apartment building in Portland. He explained they have two different goals: he wants…
Sold! A smaller deal this time, four units in Beaverton at 12125 SW 14th Street for $340,000. While we typically deal with larger units in the 10-100+ range, it is…
From Joseph Bernard Investment Real Estate's press release: We are pleased to announce that in the 4th Quarter of 2012, we represented 53% of investors with apartment transactions among other…
Here is more news about how the lack of home buying is effecting the apartment market, this trend is occurring in Portland, Oregon as well. A few economists and bankers…
