The multifamily sector has experienced the effects of an increase in pent-up demand this past year, resulting in higher-than-average asking... View Article
Tag Archive: Apartments
By: Clifford A. Hockley, President Bluestone and Hockley Real Estate Services, Executive Director, SVN | Bluestone and Hockley It is... View Article
More Than Half of College Graduates Are Moving in with Parents, Instead of Renting, Survey Finds – NREI
With apartment rents continuing to rise, Generation Z members are more likely to move back home than to their own apartment.
Is multifamily overbuilding? What has been the effect of this new supply? Are we approaching an overbuild threshold?
Portland’s inclusionary housing rules exempt buildings with fewer than 20 units. For larger buildings, developers must provide a proportional amount of apartments at rents affordable to people who earn less than either 60 percent or 80 percent of the Portland area’s median income, or pay a fee in lieu.
Portland rents have increased 0.4% over the past month, but are down slightly by 0.3% in comparison to the same time last year, according to a new April report from Apartment List.
There has been a shift in demand for rental housing due to demographic and other changes in our society.
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.
Top 8 CRE Predictions for 2019 If you are looking for predictions for 2019 for the commercial real estate market,... View Article
Initiative Behind Portland’s Bid for MLB Team Reaches Deal with City’s Port for 45-Acre Ballpark Site – CoStar
The Portland Diamond Project noted in an announcement this past week that it reached an agreement in principle with the Port of Portland to develop a ballpark on a 45-acre site, dubbed Terminal 2. While the terms of the agreement were not disclosed in the announcement, local media outlets have reported that the property deal will be structured as a long-term lease.
If you're considering investing in a multifamily venture, or if you're already in the market, there are challenges and opportunities to watch for in the coming year. From rent trends to supply and cost factors, here's what to expect in 2019.
The apartment asset class is having a numbers problem with deals and development getting harder to pencil in. Still, the... View Article
Lenders are acting much differently at this stage of the cycle than they were in the last cycle, when loan... View Article
In partnership with Kingsley Associates, NMHC unveiled the results of its Renter Preferences Report, shedding light on the factors that... View Article
Quick Fact – November 2018 – Are Apartment rent going to drop, as newly constructed apartments enter the Portland market?
By: Clifford A. Hockley, President Bluestone and Hockley Real Estate Services, Executive Director, SVN | Bluestone and Hockley Most residential... View Article
Apartment developers took out fewer building permits in September, stymied by rising interest rates and construction costs. Apartment building... View Article