In 2011, the company partnered with SVN International to provide real estate sales brokerage services. Commercial real estate experts forecast increasing demand for modular construction in the healthcare, industrial, education and multifamily sectors. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. We strive to build long-term relationships with our property owners and tenants. New Logo to Ring in the New Year. Industrial Experts Address Challenges Amid Historic Demand. Bluestone & Hockley, President SVN Bluestone & Hockley, Executive Director 503. 7% year-over-year and 0. 7 million. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. . A real estate market that is now officially on the map in the eyes of institutional and private capital. SVN Bluestone is a company that operates in the Real Estate industry. 462 likes. Read More News on SVN Bluestone & Hockley Stay Connected Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. According to the latest data from the National Association of Home Builders (NAHB), homebuilding confidence is on the rise. SNV | Bluestone & Hockley specializes in the sale of commercial and multifamily properties and the leasing of commercial space. On February 18, 2020, SVN Bluestone & Hockley hosted a class on the new ordinances, and their impact, to over 70 clients and colleagues! The class was presented by Russell White, Director of Residential Property Management at Bluestone & Hockley who not only has two decades of residential property management experience but has also been on. . Thanksgiving Inflation As Americans sit down for this year’s Thanksgiving, it’s more than just after-dinner-waistlines experiencing uncomfortable inflation levels. 6% month-over-month in August, its largest monthly increase. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. President of Bluestone and Hockley Real Estate Services Executive Director, SVN |. Where landlords once only needed to provide 20 days’ notice, they now must provide 60 days’ notice. Visit and follow us on LinkedIn and Facebook! Sign Up. This recession is fundamentally different than the Great Financial Crisis in 2008, and as a result, the opportunities to benefit from the market dislocation will also be much different. 4% over the past month, but are down slightly by 0. Part of the government response was the Centers for Disease Control eviction moratorium, based on public health concerns. SVN | Bluestone and Hockley. Managing Director - SVN | Bluestone Portland, OR. . Appraisals and Covid-19 Presentation- June 2020. Asking Rent Growth Portland's multifamily sector is weathering the lingeringExecutive Director, SVN | Bluestone and Hockley. The ordinance reads a landlord is liable to an applicant/tenant if they fail to comply with any requirement. This event will be held on. The Bluestone Real Estate Services team has managed residential and commercial property and community associations throughout the Willamette Valley, Oregon Coast and SW Washington areas since 1972. With the recovery well underway and an unprecedented amount of fiscal stimulus still making its way through the economy, it is no longer just a fringe cohort of pundits thinking that the US may, once again, be heading toward a period of sustained higher inflation. View Article Equity Residential Takes Chips Off the Table by Selling 23,000 Units of Their Perceived Risky Apartments Assets. Hockley, President Bluestone and Hockley Real Estate Services, Executive Director, SVN | Bluestone and Hockley On the 15th of March 2020, in response to expected economic implosion due to the corona virus, in an unusual move for a Sunday, the Federal Reserve reduced interest rates to almost zero. Expect Fewer Distressed Asset Opportunities Than in 2008. Suite 300, Portland, Oregon will conduct a. 4% Units paid so far; We are making good progress regarding our residential tenancies. Suite 300 Beaverton, OR 97005 Blog LinkedIn Facebook By: Cliff Hockley, President, Bluestone and Hockley Real Estate Services Executive Director, SVN Bluestone and Hockley Ever wonder why some people are wealthy and others are not? Do theyThe SVN Bluestone investment team of Cliff Hockley, Jim Wierson II, and Olesya Prokhorova sourced a transaction for a client that involved a complicated 1033 Exchange. Why are they doing this? Because they are tired of dealing with the day-to-day challenges of managing residential properties. Absorption Units Vacancy Rate 12 Mo. Suite 300, Portland, Oregon will host Brian Mares, LEED AP, and Peter Grim, AIA, of Scott |. Real estate investors need to improve their due diligence when they purchase properties and be attuned to the local environmental and climate conditions as they make the decision to purchase a property. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. Visit and follow us on LinkedIn and Facebook!Stacy Looney, Senior Advisor at SVN | Bluestone in Beaverton, OR has commercial real estate listings for sale or rent on showcase. Portland will require all landlords to register their apartments by late 2020 – Oregonlive. Think there is a tenant’s market right now? Stay tuned. There has been a shift in demand for rental housing due to demographic and other changes in our society. 20 gal/day) The Canyon Shopping Center has a 1,450 SF retail space available for lease. 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. As Economy Rebounds, Don’t Overlook Commercial Real Estate New Report Argues Property Can Be Hedge Against Inflation, Volatility. SVN Bluestone & Hockley Senior Advisors represented the buyers. The NAHB/Wells Fargo Housing Market Index (HMI) rose seven index points to a level of 42, its highest reading since September and the. We are all wondering if brokers and investors can find deals during the pandemic. According to the National Association of Home Builders (NAHB), regulatory costs account for almost a quarter of the final sale price of a new home. The apartment complex which was originally listed as a. That is a piece of conventional wisdom that appears to transcend cultures. 4 Acre. Contact SVN Bluestone Advisors Jim Wierson II or Olesya… Liked by Joseph Aiston Heard a retail investor complain about 10% rent cap for residential, and explained that is the reason they don't. 9% 4. He specializes in the sale of hospitality properties in the Pacific Northwest, United States by serving the needs of hotel owners. The SVN organization is a globally recognized commercial real estate entity united by a shared vision of creating value with clients, colleagues and our communities. SVN | Bluestone Beaverton, OR (503) 459-4387. Many real estate investors are transitioning from Multifamily investments to commercial and NNN investments. The Ester Lee Motel is an historic motel located along the Oregon Coast Highway overlooking the Pacific Ocean. Suite 300 Beaverton, OR 97005 Blog LinkedIn Facebook By: Cliff Hockley, CPM, CCIM, Principal Broker and Senior Advisor SVN Bluestone & Hockley and Bluestone & Hockley Real Estate Services Most commercial or multifamily properties have parking lots, and most of these parking lots may have drywells. Visit and follow us on LinkedIn and Facebook!Patrice Cook - SVN | Bluestone - Portland Commercial Real Estate Brokerage. Economic indicator reports arrive regularly in a newsroom. Resident Relationship Manager at Bluestone & Hockley Real Estate Services Elsa Sandoval is a Resident Relationship Manager at Bluestone & Hockley Real Estate Services based in Portland, Oregon. My specialty is in Investment Sales, but I also represent Landlords in strategic leasing of. 1% 12 Mo. 8: 5. Brian Resendez, CCIM serves as Senior Vice President Hotels & Land for SVN | Bluestone in Portland, OR, and is Founder and Owner of Northwest Hotel Investor. . 48 gallons One day= 1440 minutes One month= 30. On April 9, 2020, the IRS and Treasury Department issued Notice 2020-23, granting an automatic extension of returns and quarterly tax payments, until July 15, 2020, to comply with several federal filing and payment obligations in addition to those already extended, as well as time to perform certain time-sensitive actions. The amount of equity in the market, some of which has turned into debt, has put added pressure on conventional lenders. We don’t discriminate based upon size. For tax payments of up to $10 million, the IRS has also. SVN | Bluestone is a Portland Metro and SW Washington commercial real estate brokerage firm specializing in the sale of commercial and multifamily properties, and the leasing of commercial space. We never stopped working even when we made the decision to leave the office to protect our employees from COVID -19. The future of office demand is a hot topic around the country as COVID-19 required companies to engage in the largest work-from-home experiment in history. As a commercial building owner, as your annual operating costs increase, your annual income should increase too. 0% year-over-year through June, according to the latest numbers from the Bureau of Labor Statistics. CPI Inflation The Consumer Price Index (CPI) rose 6. Currently, median rents in Portland stand at $1,120 for a one-bedroom apartment and $1,330 for a two-bedroom. 3% in comparison to the same time last year, according to a new April report from Apartment List. The federal tax return filing deadline is now July 15, 2020. 3%. ProSchools 15 years 9 months Enterprise Catalog Manager ProSchools Dec 2002 - Aug 2018 15 years 9 months. In 1987, SVN pioneered a better way of handling real estate transactions with the goal of putting the client’s interests first. Posted on by SVN. As one of. Federal Resources SBA Economic Injury Disaster Loan Program SBA is providing low interest working capital loans of up to $2 million to small businesses and nonprofits affected by the coronavirus. They should be considered by every real estate investor on every transaction. We are a leader in the. After recent distress in the banking sector, there is a risk that many of the small and mid-sized banks that hold the bulk of US commercial real estate loans may see a credit crunch, dampening liquidity in the sector. Sources: Marketplace. All amenities are within walking distance. Not the largest or the most actively contested markets, the 2016 Retail Markets to. Source: Kelsi Maree Borland with GlobeSt. 1% month-over-month and 5. The yield on a 10-year US Treasury Bill rose to 1. org & NAHB The high cost of building is one of the main reasons builders say they are not keeping up with demand for affordable new housing. Buying a CRE asset above its value or at a low cap rate is rarely a route to a successful transaction. Many commercial real estate investors are experiencing significantly reduced income from their properties. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. It provided an opportunity for local commercial property owners/managers to connect with experts in commercial real estate. By Clifford Hockley, Principal Broker In economics, a recession is a business cycle contraction when there is a general decline in economic activity. SVN | Bluestone is a Portland commercial real estate brokerage firm specializing in the sale of commercial, multifamily and hospitality properties, and the leasing of regionally located commercial spaces. the SVN® brand, is one of the industry’s most recognized names based on the annual Lipsey Top Brand Survey. By Cliff Hockley, President of Bluestone and Hockley Real Estate Services Executive Director, SVN | Bluestone and Hockley A review of the issues facing us in 2021. SVN Bluestone and Bluestone Real Estate Services. It’s been seven months since COVID-19 invaded our lives and consciousness. The tenant, Make Life Work DBA Vida Coworking, will occupy over 12,000 SF in this highly visible and well-trafficked location!SVN Economic Update: March 2022. While the property is in a good location with great amenities and. SVN Bluestone and Hockley Brokers (represented seller) Cliff Hockley: 503-459-4359 The Multnomah County Board of Commissioners unanimously voted Thursday to give renters 90 days of protection from eviction for non-payment of rent, now that the statewide eviction moratorium has come to an end. Visit and follow us on LinkedIn and Facebook!SVN | Bluestone & Hockley 4915 SW Griffith Dr. The face of campus retail is changing. SVN | Bluestone Apr 2022 - Present 1 year 4 months. We begin by listening to them. Executive Director, SVN | Bluestone and Hockley. SVN Economic Update: September 2023. 459. It is located in Milwaukie, a suburb of Portland near the terminus of the MAX line. Get more news at SVN Bluestone and Hockley Stay Connected Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. Absorption Units Vacancy Rate 12 Mo. Who expected a COVID -19 virus and planned for it? Who expected the government to tell residential and commercial tenants that they did not have to pay their rents? Who saved enough money in their property reserves to cover mortgage payments for three to six months or longer? No one. Wealth may pay, but it may not stay. 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. A Tenant’s “Survival Guide” to COVID-19. Most Investors just look at one thing, how big the check is at the end of the month. 8% 7. Stay Connected. , Suite 300 Portland, OR 97219 503. With the re-election of Mayor Ted Wheeler and Mingus Maps and Dan Ryan as City Commissioners, the city of Portland has turned a corner towards moderation, and it is not a moment too. SVN Research has published the latest Economic Update! AI and Commercial Real Estate (1) A recent article by MSCI Real Capital Analytics suggests that despite the growing concern about AI’s potential impact on commercial real estate, a balanced view should be taken that considers both the economic risks of AI and its potential positive impact. For the first time since March 2020, the unemployment rate in Oregon dropped below 5% in August with an overall rate of 4. Pennsylvania Bluestone Veneers The real deal from the prolific quarries of the Northeast. While the office sector has clearly struggled through the pandemic, office-using employment recovery indicates future demand for physical workspaces. Stay Connected. Untrained and Confused. Guide to Reopening Business Amid Covid-19: Landlords. For more information on the stimulus package, we welcome you to read the SVN Bluestone & Hockley blog. Wealth may pay, but it may not stay. The property also has easy access to MAX transit line and to downtown Portland jobs. Leased! 7,965 SF at the Ross Center in Happy Valley. A real estate market that is now officially on the map in the eyes of institutional and private capital. With the uncertainty over the last year, keeping your small investment might seem more like a gamble than a predictable long-range strategy. In fact, in some areas, it has flourished. The latest economic update from SVN Research! CPI Inflation (1) The Consumer Price Index (CPI) rose 3. . Here is yet another Economic Update from the SVN Research department! CPI Inflation (1) The Consumer Price Index rose 3. The SVN | Bluestone & Hockley corporate office at 9320 SW Barbur Blvd. 9% annual rate in Q4 2022, according to the advance estimate by the Bureau of Economic Analysis. SVN | Bluestone is a commercial real estate firm specializing in the sale of commercial and multifamily properties, and the leasing of commercial space. Read more news at SVN Bluestone! Stay Connected Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. SVN Bluestone Senior Advisor, Stacy Looney, worked diligently for over two years to secure a 10-year lease at 9400 SW. As Covid-19 continues to spread and impact every aspect of American’s lives, nothing is more important than our health and safety of that of our loved ones. Kristin Schaff, Executive Vice President, SVN Bluestone. 4359. We are a leader in the Portland/SW Washington commercial real estate market, with Advisors having more than a century of combined experience. 2% from one year ago, roughly in line with last month’s increase and climbing just 0. Self-driving cars may seem like something out of a sci-fi movie – but the future of autonomous driving is closer than we think. View Article Leased! 7,965 SF at the Ross Center in Happy Valley ong before the pandemic, multifamily developers throughout US cities were faced with a challenging environment; characterized by a scarcity of vacant land and compounded by restrictions on density and high construction costs. Overview Vancouver Multi-Family 1,707 1,878 3. Over 16 million initial claims for unemployment insurance were filed across the nation in the first three weeks of the crisis. within the last decade, spreading from tech startups to. A part of the larger Central City 2035 plan, the SE Quadrant Plan sets policies. Read More News on SVN Bluestone & Hockley Stay Connected Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. SVN Bluestone. Visit and follow us on LinkedIn and Facebook! Stacy Looney, Senior Advisor at SVN | Bluestone in Beaverton, OR has commercial real estate listings for sale or rent on showcase. According. . The company is headquartered in Beaverton, Oregon. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. After being vacant for quite some time, Stacy Looney with SVN Bluestone, negotiated the lease for 7,965 SF of retail. as well as real estate brokers that are part of our sister company SVN |. This is What the Upcoming Tenant’s Market Will Look Like. SVN Bluestone Senior Advisor, Stacy Looney, worked diligently for over two years to secure a 10-year lease at 9400 SW. Is your commercial real estate producing the Income it should? How will the national economy, the Fed, and Local Market trends. , PORTLAND, OR 97209 SVN | Bluestone & Hockley | Page 4 The information presented here is deemed to be accurate, but it has not been independently verified. Net operating income (NOI) is the driver of value in real estate investing. Beaverton, Oregon, United States. Introduction 2019 was an eventful year for the Oregon legislature. Portland, Oregon. Visit and follow us on LinkedIn and Facebook!SVN Bluestone, Principal Broker As we near the mid-point of 2023, the Portland apartment market has shifted dramatically from 2022 which was a record-breaking year. 2% month-over-month and 3. Leasing Portland Industrial While leasing activity has slowed as firms adjust expectations and needs in response to COVID-19, the industrial sector is holding up better than other For your property management needs, visit the Bluestone Real Estate Services website. Absorption Units Vacancy Rate 12 Mo. CANYON SQUARE SHOPPING CENTER 4130 SW 117TH AVE. Work/ Life Balance that is absent the excessive. During. Welcome to Bluestone Real Estate Services. 93. As millennials age towards having children, while the generation continues to delay home buying, family-friendly rental units will become more important in the future, according to a new study on family renter housing by the Urban Land Institute, Terwilliger Center for Housing and RCLCO. 137 likes · 1 talking about this · 32 were here. Multifamily Developers Struggle to Build Garden Apartments. 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. 8% 7. We conclude with an in-depth look at the changes coming to the Paid Family and Medical Leave laws that will impact a large percentage of businesses and individuals in Oregon. But the 2017 Tax Cuts and Jobs Act set many changes in motion for charitable giving. I have been licensed to sell real estate. Good news for US Housing Economy. We scrimped and saved and after three years we purchased a 6000 square foot building. The client of SVN Bluestone & Hockley advisor Cliff Hockley only had a limited amount of time to identify the up-leg of a 1031 exchange and close on both deals. After a three-month mandatory hiatus, these firms and employees have largely successfully adjusted to working from home, but new surveys point toward workers looking to get back to normal. View ArticleThe SVN | Bluestone & Hockley corporate office at 9320 SW Barbur Blvd. That did not transpire and the client now sought to liquidate the investment The property contained four abandoned, unusable mobile homes. SVN | Bluestone & Hockley (503) 459-4387 Contact Broker see more see less: 320: Space Type General Office ; Lease Rate $23. 9% 12 Mo. SVN | Bluestone & Hockley is a Portland commercial real estate brokerage firm specializing in the sale of commercial and multifamily properties, and the leasing of commercial. The California State Capitol building. Some Retailers are Opening New Stores. Core prices, which exclude food and energy rose 4. In this presentation, Blake will present the latest updates on the City of Portland’s ordinance changes for Unreinforced Masonry (URM) buildings, including placarding and. 6The program will open for applications on March 8, 2021. SVN Economic Update: March 17, 2023 Inflation. I am a Hotel Broker with combined experience in hotel operations, commercial real estate investment, and mortgage lending services. SVN Economic Outlook: April 14, 2023 CPI Inflation. The relief generally applies to all. Delivered Units 12 Mo. Whether you are located in Portland, Beaverton, Lake Oswego, Vancouver, Hillsboro or Gresham we have the right. “You have to understand this is a very unusual situation, with. There’s land, there’s labor and then there are governmental regulations. . SVN Economic Update: January 13, 2023 CPI Inflation. Home; About; Services; Specialties; Properties; Advisors;Bluestone and Hockley Real Estate Services SVN | Bluestone and Hockley. Visit and follow us on LinkedIn and Facebook!But the COVID-19 crisis has seen a growing number of people moving to the suburbs. Centers for Disease Control and Prevention; US Chamber; Source: SVN Corporate Read more news from SVN | Bluestone & Hockley. Remember when you learned how to ride a bike. Senior Advisor. ABOUT COMMERCIAL AGENCY SVN - Bluestone (Beaverton, OR) We are local real estate brokers with expertise in industrial, retail, office and hospitality properties, and. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. This change is built atop the shared value brand pillars — open, collaborative and transparent — that underpin our business model. SVN Bluestone & Hockley Senior Advisors represented the buyers. 2021 Portland Tax Changes. Foxstar Apartments is a 20 units complex situated in East Portland. 0-5. 5 days Convert cf to gallons times minutes (1 cf= 7. 1. When our city and state were met with shutdowns and stay-at-home orders, there was a lot of uncertainty about how the real estate market would fare, and while there was a slight pause for about a week, the local Portland market has been full speed. SVN Economic Update: August 11, 2023. Here in Oregon nearly 270,000 initial claims were received in those. . There are 60 or so developments under construction valued at $10 million or more. July 2023 Economic Update Inflation (1) The consumer price index (CPI) rose by 0. It has been a rough decade for brick-and-mortar retailers, and matters seem only to be getting worse. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. A collaborative network of over 2,000 Advisors in 200 + SVN offices throughout the country that work together to do more deals. . More than 80% of workers spend their time engaged in collaborative work. ABOUT COMMERCIAL AGENCY SVN - Bluestone (Beaverton, OR) We are local real estate brokers with expertise in industrial, retail, office and hospitality properties, and successfully represent both property owners and tenants. Posted on November 30, 2018 by SVN To cap off November, Five for Friday features Brian Resendez, CCIM, a Senior Advisor at SVN | Bluestone & Hockley in Portland, Oregon. The shuttering of retailers for an undisclosed period. After 2020, many believed the distress and dislocation of traditional shopping patterns caused by the pandemic would result in another year of an elevated number of stores shutting their doors. View Article Guide to Reopening Business Amid Covid-19: TenantsThe client of SVN Bluestone & Hockley advisor Cliff Hockley only had a limited amount of time to identify the up-leg of a 1031 exchange and close on both deals. His thoughts focused on managing the company in case I was unable to. The Portland City Council voted on June 29, 2022, to roll back several more burdensome regulations that were passed as part of the Fair Access in Renting Ordinance (FAIR) in 2020. For decades, universities were known for their dearth of retail beyond a college bookstore. Economic output has slowed from Q3 2022, when real GDP grew at. However, due to personal issues, a decision was made to sell the property. One of the most visible and devastating impacts of the state’s stay-at-home order to protect us from the human health crisis presented by COVID-19 has been mass layoffs. Beaverton, Oregon, United States Vice President Leasing Manager Shorenstein Realty Services 2007 - 2020 13 years. SVN | Bluestone & Hockley is a Portland commercial real estate brokerage firm specializing in the sale of commercial and multifamily properties, and the leasing of commercial space. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. 7% 9. By working with the seller to get the city code violation signed off, they negotiated with the city to reduce their lien. Net operating income (NOI) is the driver of value in real estate investing. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. 459. Work/ Life Balance that is absent the excessive commute times in other West Coast cities. 1085 13th St SE Marion County 3,200 Q3 20 - - SVN Commercial Advis… 318-320 Lancaster Dr NE Marion County 2,700 Q1 21 - - Hancock Real Estate 1890 State St Marion County 2,514 Q2 21 - - Coldwell Banker Comm… Commercial real estate success story during pandemic! 1820 SE Burnside sold for $3,150,000. . 00/SF/YR; Total Space Available 2,181 SF; Floor 3; Divisible Space 2,181 - 2,181 SF; Available Date Immediate; Lease Type Full Service; Renewal Option Yes; Sublease No;To better reflect the company we are today, we are undergoing a meaningful and powerful change to our brand: Sperry Van Ness® has proudly become SVN®. 47 extended the length of prior notice a landlord must give for no-cause evictions. Understanding the terms of your tenants’ leases and. Executive Director, SVN | Bluestone and Hockley. America Inn & Suites – Waldport, Oregon. However, The seller recently refinanced and in order to sell this property he had to pay a $150,000 prepayment. SVN Research has published another economic update as we head into October and the final quarter of 2023! Interest Rate Decision/Economic Projections (1) At its September 20th meeting, FOMC officials left their benchmark interest rate unchanged, just their second pause since they began tightening rates in March 2022. Mom and Dad typically gifted you a new bike with training wheels, so you could learn how to bike without crashing right away. Our new brand more accurately represents the company’s. Despite a strong consumer economy, physical retailers closed more than 9,000 stores in 2019 – more. 7% 6. Penalties The following chart show the potential of a penalty for each type of infrac-tion based on the ordinance. More time for you. My specialty is in Investment Sales, but I also represent Landlords in strategic leasing of. In this article we summarize tax law changes that impact Commercial Real Estate investors as well as businesses. The SVN Brand is comprised of over 1,600 Advisors and staff in more. SVN | Bluestone is a Portland commercial real estate brokerage firm specializing in the sale of commercial, multifamily and hospitality properties, and the leasing of regionally located. By: Clifford A. View Article. 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. It was a great building and we owned it for. 2% from one. 3800 Cliff Hockley Executive Director 503. Q&A with Jeff Roike, SVN Senior Vice President, Director Hospitality Council What’s going on, in general, in the hospitality asset class as a result of Covid-19? The current average market occupancy rates range between 3% – 20% nationally. Portland Metro. Industrial Property Lease Terms Get Shorter and Shorter. View Article. The complex is well maintained with a stable tenant base. With unemployment still at levels not seen since the Great Depression era, the Treasury has been disbursing the benefits at a record pace of. SVN Economic Update: April 2021 Covid Cases and Vaccinations. Here are ten key considerations to guide you generally in pursuing loan restructuring transactions with. Holistic Nutrition & Vitamins Vegan Supplements 磻Fresh Smoothies Locally OwnFuel SVN Westshore. A drop in lumber prices has invigorated demand for commercial building projects, especially for the multifamily product, Sherwood Lumber chief operating officer Kyle Little told CNBC last week. CPI Inflation The Consumer Price Index (CPI) rose 6. Now available in thin veneer to provide a more believable alternative to "fake" cultured. 2% 12 Mo. When optimized, they can increase cash flows, reduce tax liability, and uncover missed. News & Information CAM Reconciliations: What Commercial Landlords Need to Know By Jamie Gingell, Director of Commercial Property Management Bluestone and Hockley. 5% 12 Mo. We advise clients on a wide variety of issues ranging from overseeing capital improvements and buildouts to branding a. View ArticleSVN Economic Outlook: March 31, 2023 (1) Interest Rate Impact on Bank Securities and Capital. 9% 4. Visit and follow us on LinkedIn and Facebook!Overview Portland Multi-Family 7,390 10,627 5. The program targets landlords with tenant businesses with 100 or fewer employees who are behind on lease payments or any forgiven base rent amounts that have been negotiated due to COVID-19. S. 222. 1 These clauses remained relevant as interest rates were high - but interest rates have. It was the slowest monthly climb for prices since December. The relief generally applies to all obligations that otherwise would. News & Information. Banks and other financial institutions. In a record-shattering short summer special session that opened on Wednesday the 24 th of June and closed on Friday the 26 th of June 2020 the house and the senate voted to pass two bills that affect both commercial and residential real estate investors law. 5% year-over-year and just 0. Portland was also busy with the passage of the Fair Access in Renting (FAIR) ordinances which will dramatically alter application. Building Class B. By Cliff Hockley, President of Bluestone and Hockley Real Estate Services Executive Director, SVN | Bluestone and Hockley Appraisal Adjustments. Suite 300, Portland, Oregon will conduct a class taught by our President and Executive Diretor Cliff Hockley, CCIM, CPM, MBA. Absorption Units Vacancy Rate 12 Mo. Back Submit. The SVN | Bluestone & Hockley corporate office at 9320 SW Barbur Blvd. Visit and follow us on LinkedIn and Facebook!Read More News on SVN Bluestone & Hockley Stay Connected Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. Finding a property that made sense was extraordinarily difficult. Read more news at SVN Bluestone! Stay Connected. Loan repayment terms vary by applicant, up to a maximum of 30. By Cliff Hockley, President of Bluestone and Hockley Real Estate Services Executive Director, SVN | Bluestone and Hockley. Visit and follow us on LinkedIn and Facebook! Sign Up. Oregon opened with a bang in February passing statewide rent control, continuing with new mobile home park rules and finishing with some more state taxes. Absorption Units Vacancy Rate 12 Mo. Often, it’s a small group of people who. SVN offers specialized services across a broad swath of real estate asset classes, covering both the traditional and the alternative. Visit and follow us on LinkedIn and Facebook!The SVN | Bluestone & Hockley corporate office at 9320 SW Barbur Blvd. Here in Oregon nearly 270,000 initial claims were received in those first three weeks. An accomplished real estate broker since. He specializes in the sale of hospitality properties and land for development in the Pacific Northwest, USA. Advisor Kevin Wingate-Pearse brought this deal to an investor. In the first half of 2023, with ever-increasing interest rates, the sales market has ground to a halt. At SVN Bluestone & Hockley, our Senior Advisors assist clients in the purchase or lease of commercial real estate, including hospitality, retail, apartment, office and industrial properties. Jaime was 35 years old when she received a text from her mother that she was needed at home in Florida. These loans carry an interest rate of 3. It employs 6-10 people and has $0M-$1M of revenue. To what degree will depend heavily on the property and the location. Cost segregation studies are a very effective way to shelter investment property. With several states and cities requiring residents to “shelter in place”, traditional retail has come to a halt. After a four-year update process, the new 2035 Comprehensive Plan was adopted on June 15,. . Cost segregation studies are a very effective way to generate savings when buying investment property. By: Clifford A. Brian is a Partner Circle Award winner who specializes in the hospitality, and land and development areas. cook@svn. Our very low-income tenants are the most. The Owner of the property had been long-term owners and built property. Basis for Calculations 1 cubic feet= 7. SVN | Bluestone & Hockley 9320 SW Barbur Blvd. Different asset classes will have slightly different requirements, please feel free to contact SVN Bluestone & Hockley Advisors for further assistance. Lest anyone be confused, COVID 19 is driving our current regional and national economy. SVN | Bluestone & Hockley is an independently owned and operated SVN® office. The property was a mixture of multi-plexes, and the Seller’s motivation was to sell the portfolio as one to simplify their exit strategy. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings.