Portland’s Apartment Market Is Picking Up Steam
Asking rents for one-bedroom apartment units in Portland, Oregon, have risen steadily since January and are now positioned above pre-pandemic levels as residents flock to the metropolitan area’s suburban properties. Watch... View Article
Multifamily Developers Struggle to Build Garden Apartments
High-end, high-rise apartments in densely-developed urban areas were hurt badly by falling rents and occupancies in the pandemic. Less-expensive, garden apartments fared much better. And developers are eager to build more to meet... View Article
Training the Next Generation of Real Estate Investors- Your Kids
By Cliff Hockley, President of Bluestone and Hockley Real Estate Services Executive Director, SVN | Bluestone and Hockley Remember when you learned how to ride a bike. Mom and Dad... View Article
15 Reasons Why Office Demand Will Remain Robust Post Covid
Before Covid and since the early 1990s, many companies already had flexible work schedules that allowed for office workers to telecommute, hoteling programs for desks and offices and work at... View Article
Some Retailers are Opening New Stores. 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.... View Article
CAM Reconciliations: What Commercial Landlords Need to Know
By Jamie Gingell, Director of Commercial Property Management Bluestone and Hockley Real Estate Services As we close out one calendar year and launch into the next, most commercial property owners... View Article
A Flood of Capital is Chasing Rental Housing
With many commercial real estate sectors struggling because of the pandemic, investors are zeroing on a few specific places—apartments and industrial. “The capital hasn’t gone anywhere,” Chris Niederpruem, managing director,... View Article
Commercial Rent Relief Program
The Oregon Legislative Emergency Board on January 8, 2021, allocated $100 million to fund a new Commercial Rent Relief Program to provide financial assistance to small businesses and landlords adversely... View Article
Retailer Errors in Reporting Sales to Landlords Surged During Pandemic
Incidences of retailer errors when reporting sales to landlords have skyrocketed during the pandemic. Louisiana-based financial management consulting firm The Lamy Group says that recent auditing during the pandemic has... View Article
This is What the Upcoming Tenant’s Market Will Look Like
Think there is a tenant’s market right now? Stay tuned. As the nation begins to climb out of the depths of the COVID-19 crisis, landlords will “battle” over office tenants,... View Article
Oregon Economic and Housing Outlook
By Cliff Hockley, President of Bluestone and Hockley Real Estate Services Executive Director, SVN | Bluestone and Hockley Lest anyone be confused, COVID 19 is driving our current regional and... View Article
Disappearing Bank Branches
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.... View Article
Cost Segregation Studies Generate a Lot of Cash for Real Estate Investors
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.... View Article
At 70%, Renewals Dominate Office Leasing
Lease renewals accounted for 70% of office leasing activity in the US in 2020, a significant uptick from 2019 levels. A JLL report released this week reveals that most companies... View Article
SVN Economic Update: National Trends
Interest Rates The yield on a 10-year US Treasury Bill rose to 1.13% as of January 8th, 2021— the highest level since March 18th, 2020. The yield curve, a measure... View Article
The Latest Prediction for Office…
Downtown Values Will Decline by 15% Demand is likely to increase in secondary markets as workers remain dispersed. Downtown high rises will decline in value by 10 to 15% as... View Article