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. 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. Disappearing Bank Branches. SVN | Bluestone Nov 2019 - Present 4 years. Today we are delving into the 2016 Top Retail Markets to Watch. 0% year-over-year through June, according to the latest numbers from the Bureau of Labor Statistics. View ArticleSVN Economic Outlook: March 31, 2023 (1) Interest Rate Impact on Bank Securities and Capital. Property Size 60,115 SF. Banks and other financial institutions. Suite 300, Portland, Oregon will host Brian Mares, LEED AP, and Peter Grim, AIA, of Scott |. Absorption Units Vacancy Rate 12 Mo. Back Submit. 9%Executive Director, SVN | Bluestone and Hockley. Suite 300, Portland, Oregon will host Brian Mares, LEED AP, and Peter Grim, AIA, of Scott |. During. 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. His thoughts focused on managing the company in case I was unable to. 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. We offer in-house support services, including financial analysis, research, and marketing. The amount of equity in the market, some of which has turned into debt, has put added pressure on conventional lenders. 25% while. 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. We scrimped and saved and after three years we purchased a 6000 square foot building. A Chinese saying that goes “Wealth. An accomplished real estate broker since 2004, Brian began his real estate career in finance by assisting with the acquisition of. By: Clifford A. From industrial markets continuing to sizzle to apartment rents remaining moderate, here are a few predictions for the new year. 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. , Suite 300 Portland, OR 97219 503. Wealth may pay, but it may not stay. 5% 12 Mo. Bluestone and Hockley Real Estate Services. SVN Bluestone, Beaverton, Oregon. 6% and registering well below the Dow Jones consensus forecast of 2. A Chinese saying that goes “Wealth does not last beyond three generations”, for example, is essentially stating the same belief as to the American expression, “Shirtsleeves to. Stay Connected. 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 Bluestone, Principal Broker. Visit and follow us on LinkedIn and Facebook! Sign Up. It has been a rough decade for brick-and-mortar retailers, and matters seem only to be getting worse. Expect Fewer Distressed Asset Opportunities Than in 2008. Overview Vancouver Multi-Family 1,707 1,878 3. It is the final article detailing many of the Oregon laws that were passed in the 2019 legislature. 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. This event will be held on. 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. With over 200 locations serving 500 markets, SVN provides sales, leasing, corporate services and property management services to clients across the globe. That scenario could leave many companies weakened and some unable to survive the transition. 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. Asking Rent Growth Vancouver consistently exhibits robust fundamentals andBluestone Real Estate Services SVN | Bluestone. As we showed up just on time, we found out many more people showed up than they. Core. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. The SVN | Bluestone & Hockley corporate office at 9320 SW Barbur Blvd. Commercial real estate experts forecast increasing demand for modular construction in the healthcare, industrial, education and multifamily sectors. The Consumer Price Index (CPI) rose 6. We value long-term client relationships, which oftentimes require working at all ends of the multifamily property spectrum. Stay Connected. New Logo to Ring in the New Year. As a commercial building owner, as your annual operating costs increase, your annual income should increase too. A collaborative network of over 2,000 Advisors in 200 + SVN offices throughout the country that work together to do more deals. 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. Karlin Conklin Managing Director Sperry Van Ness / Bluestone & Hockley (Portland, OR) Biography. Different asset classes will have slightly different requirements, please feel free to contact SVN Bluestone & Hockley Advisors for further assistance. Work/ Life Balance that is absent the excessive commute times in other West Coast cities. 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. Overview Portland Industrial 2. Three Charitable Giving Solutions to Consider for Year End Strategies Your Clients Can Use Right Now It may seem too early to talk about year-end planning. 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. 9% 4. SVN | Bluestone & Hockley 9320 SW Barbur Blvd. After being vacant for quite some time, Stacy Looney with SVN Bluestone, negotiated the lease for 7,965 SF of retail. SVN Bluestone is a commercial real estate firm specializing in the sale and lease of properties. Our very low-income tenants are the most. Landlord and Tenant Law. 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. In this presentation, Leah Sykes will update us regarding changes to the city of Portland’s Landlord – Tenant ordinances with a focus on the major changes to tenant screening and security deposits. John Brandhorst, Senior Advisor, Sperry Van Ness/Bluestone & Hockley. Work/ Life Balance that is absent the excessive. . A collaborative network of over 2,000 Advisors in 200 + SVN offices throughout the country that work together to do more deals. Changes in Portland FAIR Access in Renting Ordinance. Appraisals and Covid-19 Presentation- June 2020. As I am sure you have heard, the national unemployment numbers are dismal, with current rates (April 2020) estimated around 15%. 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. Bluestone & Hockley Real Estate Services is part of the Real Estate industry, and located in Oregon, United States. Vancouver WA 98660. 75% for small businesses and 2. 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. Successfully operating your buildings is the goal for all. While the trend has started to re-improve, the current mark remains 4% above its recent low measured two weeks ago. 618 BUILDING | 618 NW GLISAN ST. 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. 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. “Invented in 1950s Germany, the idea of creating a workspace free of dividing walls only took off in the U. stores, shows how much retail real estate has changed in just the last decade. . Everyone expects a rocky ride for the US economy for the first half of 2021 as the vaccine is distributed and policymakers weigh steps to boost the economy. We are a leader in the. Three. Commercial real estate in the United States should remain a strong investment choice as the nation emerges from a pandemic-induced slump, and it can be a good hedge for investors worried that rising inflation could. We are all wondering if brokers and investors can find deals during the pandemic. North Bonneville, WA. When it’s time to return to the office and reopen business there are multiple things to consider. Absorption Units Vacancy Rate 12 Mo. We have exciting news to share! After our extensive search process, we are thrilled to announce the appointment of our. Economic Update for March 2023. However, The seller recently refinanced and in order to sell this property he had to pay a $150,000 prepayment. Ordinance VMC 8. News & Information. Asking Rent Growth Portland's multifamily sector is weathering the lingeringExecutive Director, SVN | Bluestone and Hockley. Maple Grove is a well-kept multifamily property that is being sold to resolve a trust. Despite a strong consumer economy, physical retailers closed more than 9,000 stores in 2019 – more. We are a leader in the Portland/SW Washington commercial real estate market, with Advisors having more than a century of combined experience. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. SVNIC’s 2016 Market Outlook Reports assess the current state of the national commercial real estate market, and identify micro-trends within specific geographic regions and industries for 2016. After peaking at 100,000 branches in 2009, the number of bank. Welcome to Bluestone Real Estate Services. 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. 137 likes · 1 talking about this · 32 were here. ” Forty-three percent of respondents in a survey indicates that less than 5% of their worksite include enclosed offices. Is your commercial real estate producing the Income it should? How will the national economy, the Fed, and Local Market trends. . 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. However, this space was too large to meet the needs of the tenant and the monthly rent was more than what was budgeted. Multifamily Developers Struggle to Build Garden Apartments. SVN | Bluestone & Hockley 4915 SW Griffith Dr. 8% 7. SVN Bluestone and Bluestone Real Estate Services. He specializes in the sale of hospitality properties in the Pacific Northwest, United States by serving the needs of hotel owners. While the office sector has clearly struggled through the pandemic, office-using employment recovery indicates future demand for physical workspaces. According to the latest data from the National Association of Home Builders (NAHB), homebuilding confidence is on the rise. James Schaff, President of SVN Bluestone. Cascade Cove Mobile Home Park is an 18 unit mobile home park. If you are considering selling, you may be cashing your chips in a little too soon. Park Regency is a well-kept property being sold to resolve a trust. 1% during the first quarter of this year, slowing significantly from the Q4 2022 annualized rate of 2. SVN Economic Update: March 2022. There has been a shift in demand for rental housing due to demographic and other changes in our society. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. (1) What is driving us toward an economic contraction? The primary factors driving us toward an economic contraction include the. When KKR & Co. This year’s Washington state legislative regular session ended as scheduled on April 25, 2021. 00/SF/YR. com SVN | BLUESTONE & HOCKLEY |9320 SW BARBUR BLVD. SVN Bluestone. 20 gal/day) The Canyon Shopping Center has a 1,450 SF retail space available for lease. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. 9% 12 Mo. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. 1% month-over-month, according to the latest numbers from. Foxstar Apartments is a 20 units complex situated in East Portland. Building Class B. Portland, Oregon, United States Senior Advisor Retail & Office Leasing. Holistic Nutrition & Vitamins Vegan Supplements 磻Fresh Smoothies Locally OwnFuel SVN Westshore. The Consumer Price Index (CPI) rose 0. Major. 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. These loans carry an interest rate of 3. 1. . SVN Bluestone is a company that operates in the Real Estate industry. The building is a 14,000 Sf Flex/office building in a residential district of Vancouver. . Property Tenancy Multi-Tenant. For your property management needs, visit the Bluestone Real Estate Services website. Then, we develop a management plan. Overview Portland Multi-Family 7,390 10,627 5. By Cliff Hockley, President of Bluestone and Hockley Real Estate Services Executive Director, SVN | Bluestone and Hockley Appraisal Adjustments. Email. Our new brand more accurately represents the company’s. Currently, median rents in Portland stand at $1,120 for a one-bedroom apartment and $1,330 for a two-bedroom. Absorption Units Vacancy Rate 12 Mo. In the first half of 2023, with ever-increasing interest rates, the sales market has ground to a halt. Many real estate investors are transitioning from Multifamily investments to commercial and NNN investments. Brian Resendez serves as an Advisor with SVN | Bluestone & Hockley in Portland, Oregon. While the specifics may be different, the industrial sector is lighting up across the western region. Executive Director, SVN | Bluestone and Hockley A reflection on being a landlord in the Portland Metro area during the pandemic. 2% month-over-month. 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. SVN Economic Update: January 13, 2023. One of the biggest surprises for the retail market in 2021 has been the drastic slowdown in announced store closings. Delivered Units 12 Mo. . Part of the government response was the Centers for Disease Control eviction moratorium, based on public health concerns. Buying a CRE asset above its value or at a low cap rate is rarely a route to a successful transaction. 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. It was a Saturday night, like any Saturday night in Portland, Oregon. The relief generally applies to all. Manager, Community Property at Bluestone & Hockley Real Estate Services. SVN offers specialized services across a broad swath of real estate asset classes, covering both the traditional and the alternative. 3800 cliff. . 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. One year ahead inflation expectations for rent ticked up 20 basis points to 9. 3800. Suite 300, Portland, Oregon will conduct a class taught by our President and Executive Diretor Cliff Hockley, CCIM, CPM, MBA. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. For more information on the stimulus package, we welcome you to read the SVN Bluestone & Hockley blog. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. Overview Vancouver Multi-Family 1,707 1,878 3. 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 evenBluestone and Hockley Real Estate Services SVN | Bluestone and Hockley. By: Brian Pelky, Advisor, SVN Bluestone and Hockley. In the heart of the Pearl District, it is located just off of 13th Avenue and is surrounded by condominiums and apartment buildings. SVN | Bluestone & Hockley 4915 SW Griffith Dr. It’s been seven months since COVID-19 invaded our lives and consciousness. . . At the end of 2015 Sperry Van Ness Bluestone & Hockley was re-branded to SVN Bluestone & Hockley. . Suite 300, Portland, Oregon will host Eileen Day, CPA from Holmes and Company, LLP for a discussion on the new federal tax codes signed into law this past December and what these changes mean for real estate overall, and your investments. SVN Bluestone is a company that operates in the Real Estate industry. 9% 12 Mo. By Cliff Hockley, President of Bluestone and Hockley Real Estate Services Executive Director, SVN | Bluestone and Hockley. Portland Metro. The Buyer was in. For the first time since March 2020, the unemployment rate in Oregon dropped below 5% in August with an overall rate of 4. Washington passed several laws that rewrote much of their state’s landlord & tenant laws, resulting in an incremental win for tenants. 0% year-over-year through March, according to the Bureau of Labor Statistics’ latest release. SVN Bluestone, Beaverton, Oregon. This may be lower than the real number due to the challenges many newly unemployed. SVN Bluestone and Hockley Senior Advisor, Brian Resendez, represented the seller and the buyer in the transaction. 5% . Visit and follow us on LinkedIn and Facebook!SVN Economic Update: January 27, 2023 GDP. SVN Economic Update: September 2023. His focus is on the Clark County, Washington multifamily marketplace. Senior Advisor. The hotel sold for $2,350,000 and will be converted to affordable housing. 2% 12 Mo. SVN | Bluestone & Hockley represented both the buyer and the seller in the transaction of Foxstar Apartments. Median home-price expectations for one year ahead climbed 30 basis points to 3. 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. Now that we’ve. In this article we summarize tax law changes that impact Commercial Real Estate investors as well as businesses. resendez@svn. Portland was also busy with the passage of the Fair Access in Renting (FAIR) ordinances which will dramatically alter application. 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. Previously, Elsa was an Ad ministrador at Santa Ana Medical Center and also held positions at Santa Ana Medical Center, Registro Agrario. BEAVERTON, OR 97005 Patrice Cook Advisor 503. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. Thanksgiving Inflation As Americans sit down for this year’s Thanksgiving, it’s more than just after-dinner-waistlines experiencing uncomfortable inflation levels. There was a title. The Buyer had to find a financial institution (a credit union) that was willing to place four separate loans on the portfolio so that in the future, they could trade pieces of the portfolio without the limitation of one loan lumping. Source: Kelsi Maree Borland with GlobeSt. 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. The event was a tremendous success. Here in Oregon nearly 270,000 initial claims were received in those. This 18 guestroom motel is located on . Is your commercial real estate producing the Income it should? How will the national economy, the Fed, and Local Market trends. Portland will require all landlords to register their apartments by late 2020 – Oregonlive. Housing is popular because it has generally held up during the pandemic. In 2011, the company partnered with SVN International to provide real estate sales brokerage services. Jan 2016 - Present7 years 8 months. 7% 9. With unemployment still at levels not seen since the Great Depression era, the Treasury has been disbursing the benefits at a record pace of. Get more news at SVN Bluestone and Hockley. When optimized, they can increase cash flows, reduce tax liability, and uncover missed. Bluestone has experienced portfolio managers, quality tenants, and long-term relationships with the highest rated vendors in the industry. By working with the seller to get the city code violation signed off, they negotiated with the city to reduce their lien. 4%. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. Now available in thin veneer to provide a more believable alternative to "fake" cultured. The number of unemployed persons was also little changed at 5. 1409 Franklin Street, Suite 203. 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. Why are they doing this? Because they are tired of dealing with the day-to-day challenges of managing residential properties. 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. Q&A with Ryan Imbrie, CCIM, Managing Director and SVN Retail Product Council Chair What’s going on, in general, in the retail asset class as a result of Covid-19? Retail tenants are experiencing a devastating impact as a result of the COVID-19. 4 Acre. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. After an extensive search, Cottonwood Apartments, located in Redmond, Oregon was identified as the up-leg of the exchange. 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. 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. Cost segregation studies are a very effective way to generate savings when buying investment property. 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. The prime location was ideal for the buyer. 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. 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. . Delivered Units 12 Mo. SVN Economic Update: March 2022 The Fed Raises Interest Rates. within the last decade, spreading from tech startups to. Most Investors just look at one thing, how big the check is at the end of the month. If you are looking for predictions for 2019 for the commercial real estate market, you aren’t alone. Jaime was 35 years old when she received a text from her mother that she was needed at home in Florida. Bluestone and Hockley Real Estate Services SVN | Bluestone and Hockley. 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. 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. By Jamie Gingell, Director of Commercial Property Management of Bluestone and Hockley Real Estate Services. Investing in real estate is a funny thing. 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. SVN Economic Update: January 13, 2023. The ordinance reads a landlord is liable to an applicant/tenant if they fail to comply with any requirement. ProSchools 15 years 9 months Enterprise Catalog Manager ProSchools Dec 2002 - Aug 2018 15 years 9 months. 2%. My specialty is in Investment Sales, but I also represent Landlords in strategic leasing of. With over a. 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. Visit and follow us on LinkedIn and Facebook!By Cliff Hockley, President of Bluestone and Hockley Real Estate Services Executive Director, SVN | Bluestone and Hockley Inflation is up and is more persistent than expected. We advise clients on a wide variety of issues ranging from overseeing capital improvements and buildouts to branding a. 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. 76976. CPI Inflation The Consumer Price Index (CPI) rose 6. Hockley, President Bluestone and Hockley Real Estate Services, Executive Director, SVN | Bluestone and Hockley About twenty years ago, we had a dream of owning our own building to move our company into. Asking Rent Growth Vancouver consistently exhibits robust fundamentals andSignup for our email newsletter and stay connected with up-to-date market information, closings and new listings. 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. The Ordinance created sweeping changes to Portland in. President of Bluestone and Hockley Real Estate Services Executive Director, SVN |. Economic indicator reports arrive regularly in a newsroom. News & Information CAM Reconciliations: What Commercial Landlords Need to Know By Jamie Gingell, Director of Commercial Property Management Bluestone and Hockley. While auto leadership teams prepare for technological disruption, few are focused on the possible double punch of a recession and shifting demographics that is likely to slash automotive sales before new technologies take off. S. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. That is a piece of conventional wisdom that appears to transcend cultures. 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. Delivered Units 12 Mo. Property Type Office - General Office. Whether you are located in Portland, Beaverton, Lake Oswego, Vancouver, Hillsboro or Gresham we have the right. 0% year-over-year on a seasonally adjusted basis through February, according to the Bureau of Labor Statistics’ March 14th release. 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. SVN Advisors also represent clients in auction services, corporate real estate,Training the Next Generation of Real Estate Investors- Your Kids. 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. 2%, gas up 40 basis points to 4. The property is located in NE Portland location with great WalkScore. The SVN | Bluestone & Hockley corporate office at 9320 SW Barbur Blvd. Submarket: Total Inventory (SF) Direct Vacancy Rate % Total Availability Rate % Total Leasing (SF) Total Sales Volume (SF) Northeast: 80,183,658: 3. Experienced Commercial Real Estate Brokers in Portland Oregon. , SUITE 300, PORTLAND, OR 97219 OFFERING MEMORANDUMSVN Bluestone Senior Advisor, Stacy Looney, worked diligently for over two years to secure a 10-year lease at 9400 SW Beaverton Hillsdale Highway in Beaverton, Oregon. . We are all wondering if brokers and investors can find deals during the pandemic. 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. CANYON SQUARE SHOPPING CENTER 4130 SW 117TH AVE. The presentation will discuss how to select the correct commercial lease clauses and ways to approach those lease clauses to add significant. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. The seller wanted a quick sale at the highest possible price. This year’s Washington state legislative regular session ended as scheduled on April 25, 2021. Unfortunately for many properties during COVID, the NOI has been capitated due to the mandated residential eviction moratoria (City, State, Federal. – but is the world ready to hand over the safety of travel to computers? According to a. SVN Bluestone & Hockley 2019 Recap and Successes. . View Article. 4% over the past month, but are down slightly by 0. SVN|Bluestone advisor Kevin Wingate-Pearse used the interest the property produced to gradually lower the offering price to 2014 market rates, and successfully negotiated with both banks to reduce the amount for their notes. The program will require both business tenant and property owner participation. In 1987, SVN pioneered a better way of handling real estate transactions with the goal of putting the client’s interests first. 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 fight against persistent domestic inflation. The complex is well maintained with a stable tenant base. Introduction 2019 was an eventful year for the Oregon legislature. Suite 300, Portland, Oregon will conduct a. Open by appointment only.