9% 12 Mo. . The SVN | Bluestone & Hockley corporate office at 9320 SW Barbur Blvd. com. 0% year-over-year through March, according to the Bureau of Labor Statistics’ latest release. SVN Bluestone is a company that operates in the Real Estate industry. Of course, you have other impacts to consider such as taxes, crime, economy, and Covid pandemics. 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. 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. Brokerage. The number of unemployed persons was also little changed at 5. Stay Connected. This property was being offered at the price the current buyer paid back in 2012 as a Bank owned REO. Today, I am an Oregon and Washington licensed Real Estate Advisor, working under SVN / Bluestone. Q&A with Albert M Lindeman, SVP, National Council Chair Office Properties & Jeffrey C. The below information was obtained from SVN’s Economic Outlook dated April 28, 2023. Three. 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. In Vancouver’s case they extended the time from 30 days’ notice to 45 days’ notice for an increase of 10% or more in a 12 month period. 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. 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. We never stopped working even when we made the decision to leave the office to protect our employees from COVID -19. We are a leader in the. Karlin is a managing Principal Broker in Oregon and Washington. He specializes in the sale of hospitality properties and land for development in the Pacific Northwest, USA. Hockley, President Bluestone and Hockley Real Estate Services, Executive Director, SVN | Bluestone and Hockley Most residential. The Owner of the property had been long-term owners and built property. Portland will require all landlords to register their apartments by late 2020 – Oregonlive. 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. SVN | Bluestone Beaverton, OR (503) 459-4387. SVN Economic Update: September 2023. Why are they doing this? Because they are tired of dealing with the day-to-day challenges of managing residential properties. 20 gal/day) The Canyon Shopping Center has a 1,450 SF retail space available for lease. The SVN Bluestone team had the opportunity to tour the newest Co-Working space, VIDA Coworking: Make Life/Work, at 9400 SW Beaverton-Hillsdale Hwy with owner Melanie Marconi! The space features a. 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. – but is the world ready to hand over the safety of travel to computers? According to a. 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. As has been the case for much of the recent crisis, borrowers are continuing to try to capitalize on favorable rates to refinance apartment properties—that is, when they can find lenders willing to close deals. SVN Bluestone and Hockley Brokers (represented seller) Cliff Hockley: 503-459-4359The 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!Top 8 CRE Predictions for 2019. 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. Devin Getreu has been working as a Commercial Property Management Assistant at Bluestone & Hockley Real Estate Services for 13 years. . The Whiskey Inn is a hotel in Pendelton, Oregon that was recently purchased to be converted to affordable housing. Property Type Office - General Office. The property is located in NE Portland location with great WalkScore. Real Estate investors forget how important accounting is to their investment success. 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 otherRead more news at SVN Bluestone. One year ahead inflation expectations for rent ticked up 20 basis points to 9. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. The answer is a resounding yes!!! Investors, appraisers, and financial institutions are resetting their. Visit and follow us on LinkedIn and Facebook!The Rush to Refinance Multifamily Properties Continues. Source: Austan Goolsbee New York Times, Sunday, February 16, 2020 Brick-and-mortar stores face bigger challenges from three major economic forces. Our Properties. Visit and follow us on LinkedIn and Facebook! Sign Up. Portland, Oregon, United States Senior Advisor Retail & Office Leasing. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. SVN Economic Outlook: April 14, 2023 CPI Inflation. The SVN Economic Update for June covers several areas but the Fed Interest Rate Decision is the highlight! Fed Interest Rate Decision (1) On June 14th, The Federal Reserve announced a pause in interest-rate increases as it assesses the effects of its tightening efforts on the economy, holding the target federal funds rate at 5. Some Retailers are Opening New Stores. 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. Utilizing smart space solutions to create adaptable and flexible living spaces will serve as a necessary ingredient in preparing our. Today, I am an Oregon and Washington licensed Real Estate Advisor, working under SVN / Bluestone. Kristin Schaff, Executive Vice President, SVN Bluestone. We are a leader in the Portland/SW Washington commercial real estate market, with Advisors having more than a century of combined experience. With over 200 locations serving 500 markets, SVN provides sales, leasing, corporate services and property management services to clients across the globe. The Waldport, Oregon hospitality property was a non-operational REO property. Beaverton, Oregon, United States Vice President Leasing Manager Shorenstein Realty Services 2007 - 2020 13 years. Fed Interest Rate Decision (1) On July 26th, The Federal Reserve raised its benchmark interest rate by 25 bps, reversing a pause in rate-hikes that occurred in June. BEAVERTON, OR 97005 Patrice Cook Advisor 503. In fact, in some areas, it has flourished. Portland Metro. Foxstar Apartments is a 20 units complex situated in East Portland. As Economy Rebounds, Don’t Overlook Commercial Real Estate New Report Argues Property Can Be Hedge Against Inflation, Volatility. Karlin Conklin Managing Director Sperry Van Ness / Bluestone & Hockley (Portland, OR) Biography. We offer in-house support services, including financial analysis, research, and marketing. This leaves opportunities aplenty for a retail industry that has long dedicated itself to customer service. 0% year-over-year through June, according to the latest numbers from the Bureau of Labor Statistics. After being vacant for quite some time, Stacy Looney with SVN Bluestone, negotiated the lease for 7,965 SF of retail. Work/ Life Balance that is absent the excessive commute times in other West Coast cities. Stay Connected. With several states and cities requiring residents to “shelter in place”, traditional retail has come to a halt. Delivered Units 12 Mo. Absorption Units Vacancy Rate 12 Mo. The health care establishment has yet to consider its patients as customers. Property Tenancy Multi-Tenant. Q&A with Reid Bennett, CCIM, National Council Chair of Multifamily What’s going on, in general, in the multifamily asset class as a result of Covid-19? Besides the obvious health and safety concerns associated with larger groups of people within close proximity, the multifamily industry is facing the immediate short term concern of tenants ability to pay. With unemployment still at levels not seen since the Great Depression era, the Treasury has been disbursing the benefits at a record pace of. I have been licensed to sell real estate. Stacy Looney Stacy is a licensed Oregon Principal Broker with over 21 years of in-depth sales, leasing, and management experience. The relief generally applies to all. Stacy Looney Stacy is a licensed Oregon Principal Broker with over 21 years of in-depth sales, leasing, and management experience. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. Connect Samantha Jordan Portland, OR. . 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. 4% Units paid so far; We are making good progress regarding our residential tenancies. For your property management needs, visit the Bluestone Real Estate Services website. Unfortunately for many properties during COVID, the NOI has been capitated due to the mandated residential eviction moratoria (City, State, Federal. 2% 12 Mo. Portland, Oregon. The property manager at Bluestone and Hockley worked with the broker to reclaim a smaller better-situated space, that had been vacated during COVID. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. Asking Rent Growth Vancouver consistently exhibits robust fundamentals and SVN | Bluestone. For your property management needs, visit the Bluestone Real Estate Services website. The property also has easy access to MAX transit line and to downtown Portland jobs. SVN | Bluestone Advisors provide local commercial real estate knowledge and expertise that transcends typical brokerage services. Executive Director, SVN | Bluestone and Hockley. The presentation will discuss how to select the correct commercial lease clauses and ways to approach those lease clauses to add significant. SVN | Bluestone & Hockley 9320 SW Barbur Blvd. The transaction closed in March of 2021. 2021 Portland Tax Changes. Visit and follow us on LinkedIn and Facebook!Read more news at SVN Bluestone. 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. Visit and follow us on LinkedIn and Facebook!Executive Director, SVN | Bluestone and Hockley. 618 BUILDING | 618 NW GLISAN ST. Previously, Elsa was an Ad ministrador at Santa Ana Medical Center and also held positions at Santa Ana Medical Center, Registro Agrario. View ArticleBy: Clifford A. America Inn & Suites – Waldport, Oregon. Jaime was 35 years old when she received a text from her mother that she was needed at home in Florida. There’s land, there’s labor and then there are governmental regulations. SVN | Bluestone & Hockley 4915 SW Griffith Dr. Whether a clients’ charitable giving stems from a concern for those who are less fortunate, the desire to support a. We recently had an environmental engineer call out the registration issue. One of the biggest surprises for the retail market in 2021 has been the drastic slowdown in announced store closings. 9% 4. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. By Clifford Hockley, CPM, CCIM SVN Bluestone, Principal Broker Henry Ford, the father of Ford Motors, had a relentless focus. The 7-day moving average of daily COVID-19 cases in the US ticked down to 67,175 on April 19th, a modest decrease that comes after two weeks of near-daily increases. The transaction closed in March. Get more news from SVN Bluestone and Hockley! Stay Connected Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. Read more news at SVN Bluestone & Hockley Stay Connected Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. Industrial Experts Address Challenges Amid Historic Demand. When optimized, they can increase cash flows, reduce tax liability and uncover missed deductions. SVN | Bluestone Advisors work with properties ranging in scope and scale from a small apartment property in a tertiary market to large institutional caliber multi-state portfolios. . This 18 guestroom motel is located on . View ArticleSince commercial real estate is a leverage business, many owners may need to restructure the loans secured by their properties to achieve more attainable economic terms and to avoid loan defaults, foreclosures and the loss of their properties. More time for you. The growing open floor plan trend has taken root in offices everywhere, but what was once thought as the solution to increased collaboration, many believe is slowly destroying the workplace. What is your geographic market and product specialty? My geographic market is the Portland MSA and my product specialty is office. The NAHB/Wells Fargo Housing Market Index (HMI) rose seven index points to a level of 42, its highest reading since September and the. 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. 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. Finding a. Bluestone & Hockley, President SVN Bluestone & Hockley, Executive Director 503. With 30-year fixed mortgage rates topping 5% recently, home buyers appear to be reevaluating their budgets and pulling back on offers. It is the final article detailing many of the Oregon laws that were passed in the 2019 legislature. At the end of 2015 Sperry Van Ness Bluestone & Hockley was re-branded to SVN Bluestone & Hockley. About SVN | Bluestone & Hockley: SVN | Bluestone & Hockley is an independently owned and operated SVN® office. 9% 4. Economic indicator reports arrive regularly in a newsroom. Visit and follow us on LinkedIn and Facebook!The SVN | Bluestone & Hockley corporate office at 9320 SW Barbur Blvd. Park Regency is a well-kept property being sold to resolve a trust. 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. SVN Bluestone & Hockley chockley@bluestonehockley. Millions of consumers in pandemic-related financial straits have also faced housing instability due to the difficulty in paying rents. 9% 12 Mo. According to the latest data from the National Association of Home Builders (NAHB), homebuilding confidence is on the rise. 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. Since the pandemic began, nearly one-third of commercial leases in the US negotiated since March include the pandemic as a force majeure event. 5% 12 Mo. This year’s Washington state legislative regular session ended as scheduled on April 25, 2021. . Image via pxhere A bill that caps annual rent increases to 5 percent passed the state legislature and is expected to be signed into law by Governor Newsom. com. It is located in Milwaukie, a suburb of Portland near the terminus of the MAX line. SVN | Bluestone & Hockley 4915 SW Griffith Dr. Economic output has slowed from Q3 2022, when real GDP grew at. 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. 2% from one. News & Information. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. The team of Steve, Rick and Andrew came up with a sales strategy that included limiting the call for offers to just 3 weeks to. 5% year-over-year and just 0. Stay Connected Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. A majority. In this Economic Update you'll find the latest data on affordable housing, REITs, Apartment Rentals and Apartment Investment Market Index (AIMI), Single-Family rentals, and trends within the Self-Storage, Office, Industrial, and Retail asset classes. What is exciting is we were able to close the sale during the pandemic! This transaction was made possible due to the close collaboration between the buyer, seller, SVN Brokers Jim Wierson and Olesya Prokhorova, Gabe Johansen with SMI Commercial and Pioneer Bank. Cost segregation studies are a very effective way to generate savings when buying investment property. View Article Landlords Should Keep in Mind When Their Properties Serve as Delivery Pick-Up Points –. 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. 2% month-over-month and 3. The complex is well maintained with a stable tenant base. As we showed up just on time, we found out many more people showed up than they. Brian Resendez serves as an Advisor with SVN | Bluestone & Hockley in Portland, Oregon. SVN | Bluestone & Hockley is an independently owned and operated SVN® office. SVN | Bluestone is a commercial real estate firm specializing in the sale of commercial and multifamily properties, and the leasing of commercial space. Appraisals and Covid-19 Presentation- June 2020. 1% month-over-month, according to the latest numbers from. Today we are delving into the 2016 Top Retail Markets to Watch. This is What the Upcoming Tenant’s Market Will Look Like. There are real estate bubbles as demand and population increase and decrease. 6% and registering well below the Dow Jones consensus forecast of 2. , PORTLAND, OR 97209 SVN | Bluestone & Hockley | Page 4 The information presented here is deemed to be accurate, but it has not been independently verified. Visit and follow us on LinkedIn and Facebook! CAM stands for “Common Area Maintenance,” and is used both as a general term for tenant pass-through charges, and is one of the three “nets” that comprise the “triple nets” (or NNN) of property operating expenses. As one of. 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. That is a piece of conventional wisdom that appears to transcend cultures. Bluestone and Hockley Real Estate Services. SNV | Bluestone & Hockley specializes in the sale of commercial and multifamily properties and the leasing of commercial space. The 2,500 SF single-story retail space is located at 1212-1218 NW Glisan. . Here in Oregon nearly 270,000 initial claims were received in those. By: Clifford A. . A drastic runup in lumber prices earlier this year created a challenging environment for builders, but the. Shortly after the November 3, 2020 elections, SVN | Bluestone and Hockley, Bluestone and Hockley Real Estate Services, Moss Adams (certified public accountants) and CKR Law Group (specializing in tax appeals) co-sponsored a seminar on new taxes that businesses, high net worth individuals and real estate investors will incur in 2021. Experienced Commercial Real Estate Brokers in Portland Oregon. We strive. SVN Economic Update: April 2021 Covid Cases and Vaccinations. Unfortunately for many properties during COVID, the NOI has been capitated due to the mandated residential eviction moratoria (City, State, Federal. Is your commercial real estate producing the Income it should? How will the national economy, the Fed, and Local Market trends. resendez@svn. Portland rents have increased 0. While the property is in a good location with great amenities and. 3800 Cliff Hockley Executive Director 503. The yield curve, a measure of interest rate differences between short-dated and long-dated securities, has similarly continued along a path of recent recovery. View Article. 47 extended the length of prior notice a landlord must give for no-cause evictions. 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. The SVN Brand is comprised of over 1,600 Advisors and staff in more than 200 offices across the. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. Different asset classes will have slightly different requirements, please feel free to contact SVN Bluestone & Hockley Advisors for further assistance. Home; About; Services; Specialties; Properties;Bluestone utilizes its years of expertise in the market to achieve above market returns for our clients. National Real Estate Investor ranked the hottest and the worst multi-family markets in the US for investors: The best markets for multi-family investors: Boston Denver Des Moines Raleigh/Durham Salt Lake City San Jose Seattle Charlotte Washington, DC The worst markets for multi-family investors: Cleveland Houston Kansas City Los Angeles New. 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. View Article. Over 16 million initial claims for unemployment insurance were filed across the nation in the first three weeks of the crisis. It provided an opportunity for local commercial property owners/managers to connect with experts in commercial real estate. ” Forty-three percent of respondents in a survey indicates that less than 5% of their worksite include enclosed offices. Brian Pelky has been a licensed Washington since 1996, and a CCIM (Certified Commercial Investment Broker) since 2008. The SVN Brand is comprised of over 1,600 Advisors and staff in more. After peaking at 100,000 branches in 2009, the number of bank. 7% year-over-year and 0. The SVN | Bluestone & Hockley corporate office at 9320 SW Barbur Blvd. For tax payments of up to $10 million, the IRS has also. SVN | Bluestone is a commercial real estate firm specializing in the sale of commercial and multifamily properties, and the leasing of commercial space. 3800. Finding a property that made sense was extraordinarily difficult. Most Investors just look at one thing, how big the check is at the end of the month. However, due to personal issues, a decision was made to sell the property. What is exciting is we were able to close the sale during the pandemic! This transaction was made possible due to the close collaboration between the buyer, seller, SVN Brokers Jim Wierson and Olesya Prokhorova, Gabe Johansen with SMI Commercial and Pioneer Bank. CPI Inflation The Consumer Price Index (CPI) rose 6. There’s land, there’s labor and then there are governmental regulations. Brian Pelky has been a licensed Washington since 1996, and a CCIM (Certified Commercial Investment Broker) since 2008. 9%, and food up 10 basis points to 5. 3% in comparison to the same time last year, according to a new April report from Apartment List. SVN Economic Update: March 2022. 48 * 1440 = 10771. 1409 Franklin Street, Suite 203. 4 Acre. 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. You probably have many ideas driving through your brain at Mach One and are valiantly trying to hold onto those ideas and tasks, while the phone is ringing, and your team members are asking you questions. SVN offers specialized services across a broad swath of real estate asset classes, covering both the traditional and the alternative. Overview Vancouver Multi-Family 1,682 1,820 3. For the first time since March 2020, the unemployment rate in Oregon dropped below 5% in August with an overall rate of 4. The fall of the Toys “R” Us chain, with more than 700 U. The investor stated he would not buy it unless Kevin could find a tenant to occupy the space. The unemployment rate has declined rapidly over the past two months after slower declines in the first five months of 2021. The Fed Raises Interest Rates For the first time since 2018, The Federal Reserve’s policy-setting committee raised interest rates as they pivot away from recovery-focused accommodations towards a more aggressive. Advisor Kevin Wingate-Pearse brought this deal to an investor. After a four-year update process, the new 2035 Comprehensive Plan was adopted on June 15,. We begin by listening to them. SVN Advisors also represent clients in auction services, corporate real estate,Training the Next Generation of Real Estate Investors- Your Kids. Mom and Dad typically gifted you a new bike with training wheels, so you could learn how to bike without crashing right away. 1% month-over-month, according to the latest numbers from. Recessions generally occur when there is a widespread drop in spending. During listing process the team of Hunter, Funk and Morris proposed the highest asking price along with a unique marketing plan for the property. 3%. VANCOUVER AVAILABILITY. . Delivered Units 12 Mo. SVN Bluestone and Hockley Senior Advisor, Brian Resendez, represented the seller and the buyer in the transaction. Posted on by SVN. View Article. My specialty is in Investment Sales, but I also represent Landlords in strategic leasing of. The Consumer Price Index (CPI) rose 6. 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. Good news for US Housing Economy. We advise clients on a wide variety of issues ranging from overseeing capital improvements and buildouts to branding a. With average asking office rents across the country up nearly 20% over the past five years, many occupiers are seeking alternatives to leasing space. I am a Hotel Broker with combined experience in hotel operations, commercial real estate investment, and mortgage lending services. Open by appointment only. S. Suite 300, Portland, Oregon will conduct a class taught by Attorney, Leah Sykes. Many commercial real estate investors are experiencing significantly reduced income from their properties. The seller wanted a quick sale at the highest possible price. But now, retailers both large and small are seizing the opportunity to expand their operations beyond traditional shopping centers and onto university campuses where they can capture the attention of a niche audience: students. . SVN | Bluestone is a real estate brokerage firm that offers asset, property management, investment, and commercial leasing services. . Whether you are located in Portland, Beaverton, Lake Oswego, Vancouver, Hillsboro or Gresham we have the right. It employs 6-10 people and has $0M-$1M of revenue. SVN Bluestone & Hockley Senior Advisors represented the buyers. He specializes in the sale of hospitality properties in the Pacific Northwest, United States by serving the needs of hotel owners. 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. When optimized, they can increase cash flows, reduce tax liability, and uncover missed. Visit and follow us on LinkedIn and Facebook!SVN | Bluestone & Hockley 4915 SW Griffith Dr. Portland Metro. While the terms of the agreement were not disclosed in the announcement, local media outlets have reported that the property deal will be structured. 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. Executive Director, SVN | Bluestone and Hockley. In the end, the Buyer assumed the existing CMBS financing with the Seller paying all assumption costs and agreeing to a price reduction, but it added tension to the deal, and it involved attorneys to sort it out. Brian leads the Hotels Group at SVN | B&H, and specializes in the purchase and sale of hospitality properties in Oregon, Washington, California, and Idaho. Suite 300, Portland, Oregon will host Brian Mares, LEED AP, and Peter Grim, AIA, of Scott | Edwards Architecture for a review of the proposed property zoning changes coming in 2018. Banks and other financial institutions. Lest anyone be confused, COVID 19 is driving our current regional and national economy. CANYON SQUARE SHOPPING CENTER 4130 SW 117TH AVE. 3M 229K 4. By Clifford Hockley, CPM, CCIM SVN Bluestone, Principal Broker Henry Ford, the father of Ford Motors, had a relentless focus. 222. Here’s Why. com SVN | BLUESTONE & HOCKLEY |9320 SW BARBUR BLVD. 7% 9. View Article. The company is headquartered in Beaverton, Oregon. The answer is a resounding yes!!! 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! Local Commercial Real Estate Advisors. Median home-price expectations for one year ahead climbed 30 basis points to 3. However, The seller recently refinanced and in order to sell this property he had to pay a $150,000 prepayment. But in fact, in addition to inspecting your property on a regular basis, keeping it well maintained and having great communication with your property manager, accounting for your income and. Property Size 60,115 SF. They should be considered by every real estate investor on every transaction. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. Absorption Units Vacancy Rate 12 Mo. 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. That has attracted a lot of investors. Understanding the terms of your tenants’ leases and. Despite a strong consumer economy, physical retailers closed more than 9,000 stores in 2019 – more. 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. Contact SVN Bluestone and Hockley Advisors for. The hotel sold for $1,00,000 and will be converted to affordable housing. 9% annual rate in Q4 2022, according to the advance estimate by the Bureau of Economic Analysis. Read more news at SVN Bluestone! Stay Connected. 4% 12 Mo Deliveries in SF 12 Mo Net Absorption in SF Vacancy Rate 12 Mo Rent Growth Portland's industrial sector was displaying strength even Bluestone and Hockley Real Estate Services SVN | Bluestone and Hockley. Source: Kelsi Maree Borland with GlobeSt. As the nation begins to climb out of the depths of the COVID-19 crisis, landlords will “battle” over office tenants, according to a new report from Vestian, creating a tenant’s market unlike any other over the past few decades. com. 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. 00/SF/YR. 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. We are local real estate brokers with expertise in industrial, retail, office and hospitality properties, and successfully represent both property owners and tenants. Guide to Reopening Business Amid Covid-19: Landlords. Bluestone & Hockley and Criteria Properties are merging! SVN Bluestone and Hockley will continue to be a sister company to Bluestone and Hockley, providing commercial real estate brokerage services!Concerns about rising interest rates and weakening economic growth have led to a slowdown in commercial mortgage originations, particularly in out-of-favor asset types, despite the wide availability of debt capital. This is the main concept I want to deliver in this article. Brian Resendez serves as an Advisor with SVN | Bluestone & Hockley in Portland, Oregon. Multifamily Developers Struggle to Build Garden Apartments. 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. Pennsylvania Bluestone Veneers The real deal from the prolific quarries of the Northeast. 49 likes. 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. CPI Inflation The Consumer Price Index (CPI) rose 6. 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. 37. . 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. However, this space was too large to meet the needs of the tenant and the monthly rent was more than what was budgeted. While it is certainly important for clients to make a plan for their eventual death, if that is all they plan for, their planning will be woefully inadequate. 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. Ordinance VMC 8. 1. He specializes in the sale of hospitality properties in the Pacific Northwest, United States by serving the needs of hotel owners. Gen Z is surpassing millennials as the largest renter cohort dominating the multifamily market, which has comprised 42% of all CRE sales since the start of the pandemic, according to new Cushman & Wakefield data. Overview Vancouver Multi-Family 1,436 1,592 4. A Tenant’s “Survival Guide” to COVID-19. Managing Director - SVN | Bluestone Portland, OR. 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.