Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. 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! 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. Tenants are struggling to pay their rent, and the government. The seller wanted a quick sale at the highest possible price. 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. Are cannabis grows, or cannabis retailers good investments? Potentially they are, but they carry risks that more traditional uses do not, and it is important to evaluate the full risk profile of the property. Commercial real estate experts forecast increasing demand for modular construction in the healthcare, industrial, education and multifamily sectors. However, due to personal issues, a decision was made to sell the property. Advisor Kevin Wingate-Pearse brought this deal to an investor. Now that we’ve. 2021 Portland Tax Changes. While the trend has started to re-improve, the current mark remains 4% above its recent low measured two weeks ago. Overview Vancouver Multi-Family 1,682 1,820 3. The best in sports nutrition and supplements! We offer the widest variety and best pricing for all yThe 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. , 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. This property was being offered at the price the current buyer paid back in 2012 as a Bank owned REO. Contact Brian directly. Long term interest rates, like the yield on 10-year Treasury bonds, fell below 1 percent at the start of. Stacy Looney Stacy is a licensed Oregon Principal Broker with over 21 years of in-depth sales, leasing, and management experience. In this article we summarize tax law changes that impact Commercial Real Estate investors as well as businesses. 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. Sources: Marketplace. When it’s time to return to the office and reopen business there are multiple things to consider. SVN | Bluestone & Hockley 4915 SW Griffith Dr. Overview Vancouver Multi-Family 1,707 1,878 3. 17933 NW Evergreen Place, Beaverton, OR 97006. 0% year-over-year on a seasonally adjusted basis through February, according to the Bureau of Labor Statistics’ March 14th release. It employs 6-10 people and has $0M-$1M of revenue. 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. . 122 followers 119 connections Join to view profile SVN Bluestone Portland State University Company Website Experience Commercial Real Estate Adviser / Broker SVN Bluestone. – but is the world ready to hand over the safety of travel to computers? According to a. What is your geographic market and product specialty? My geographic market is the Portland MSA and my product specialty is office. While the specifics may be different, the industrial sector is lighting up across the western region. SVN | Bluestone is a real estate brokerage firm that offers asset, property management, investment, and commercial leasing services. The building is a 14,000 Sf Flex/office building in a residential district of Vancouver. Visit and follow us on LinkedIn and Facebook!SVN Economic Update: January 27, 2023 GDP. A collaborative network of over 2,000 Advisors in 200 + SVN offices throughout the country that work together to do more deals. In fact, in some areas, it has flourished. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. By Cliff Hockley, CCIM, CPM Principal Broker and Senior Advisor, SVN Bluestone I have been working with investors for over 35 years. 1% 12 Mo. Contact SVN Bluestone and Hockley Advisors for. 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. Read more news at SVN Bluestone! Stay Connected. SVN | Bluestone & Hockley 4915 SW Griffith Dr. Many years ago, our attorney advised us to implement a succession plan. com SVN | BLUESTONE & HOCKLEY |9320 SW BARBUR BLVD. However, this space was too large to meet the needs of the tenant and the monthly rent was more than what was budgeted. We scrimped and saved and after three years we purchased a 6000 square foot building. Penalties The following chart show the potential of a penalty for each type of infrac-tion based on the ordinance. Today, I am an Oregon and Washington licensed Real Estate Advisor, working under SVN / Bluestone. America Inn & Suites – Waldport, Oregon. Stacy Looney Stacy is a licensed Oregon Principal Broker with over 21 years of in-depth sales, leasing, and management experience. Economic indicator reports arrive regularly in a newsroom. Eric Castle, Managing Director SVN Bluestone. 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. Prior to passing the $2-trillion dollar stimulus package, the federal government had extended the tax filing requirements. They should be considered by every real estate investor on every transaction. Delivered Units 12 Mo. 5% year-over-year and just 0. BEAVERTON, OR 97005 Patrice Cook Advisor 503. It employs 6-10 people and has $0M-$1M of revenue. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. Most Investors just look at one thing, how big the check is at the end of the month. Delivered Units 12 Mo. My specialty is in Investment Sales, but I also represent Landlords in strategic leasing of. 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. SVN | Bluestone Advisors provide local commercial real estate knowledge and expertise that transcends typical brokerage services. 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. However, The seller recently refinanced and in order to sell this property he had to pay a $150,000 prepayment. By Cliff Hockley, President of Bluestone and Hockley Real Estate Services Executive Director, SVN | Bluestone and Hockley. Many real estate investors are transitioning from Multifamily investments to commercial and NNN investments. 2% month-over-month and 3. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. 8% 7. 25% while. 2460 Turner Rd SE Marion County 9,000 Q4 20 - - SVN Commercial Advis… 2661 Cascadia Industrial St SE Marion County 7,764 Q1 21 - - Pacific NW Properties 395 Market St NE Marion County 7,600 Q2 21 - - Mosar Commercial Pro…1085 13th St SE Marion County 3,200 Q3 20 - - SVN Commercial Advis… Laine Square Marion County 3,180 Q3 20 - - Doug Bean & Associat… 318-320 Lancaster Dr NE Marion County 2,700 Q1 21 - - Hancock Real EstateRead More News on SVN Bluestone & Hockley. The company is headquartered in Beaverton, Oregon. 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. 618 BUILDING | 618 NW GLISAN ST. Appraisals and Covid-19 Presentation- June 2020. . Visit and follow us on LinkedIn and Facebook!Patrice Cook - SVN | Bluestone - Portland Commercial Real Estate Brokerage. We are all wondering if brokers and investors can find deals during the pandemic. As one of. An accomplished real estate broker since. Lest anyone be confused, COVID 19 is driving our current regional and national economy. His thoughts focused on managing the company in case I was unable to. View ArticleThe SVN | Bluestone & Hockley corporate office at 9320 SW Barbur Blvd. 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 & Hockley is a Portland commercial real estate brokerage firm specializing in the sale of commercial and multifamily properties, and the leasing of commercial space. Cost segregation studies are a very effective way to generate savings when buying investment property. John Brandhorst, Senior Advisor, Sperry Van Ness/Bluestone & Hockley. Is your commercial real estate producing the Income it should? How will the national economy, the Fed, and Local Market trends. Our Properties. If you are considering selling, you may be cashing your chips in a little too soon. Suite 300, Portland, Oregon will host Brian Mares, LEED AP, and Peter Grim, AIA, of Scott | Edwards Architecture for a review of the SE Quadrant Plan adopted by Portland city planners in July of 2015. SVN | Bluestone is a commercial real estate firm specializing in the sale of commercial and multifamily properties, and the leasing of commercial space. Delivered Units 12 Mo. . There was a title. Industrial Property Lease Terms Get Shorter and Shorter. 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. By: Brian Pelky, Advisor, SVN Bluestone and Hockley. 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®. It was a Saturday night, like any Saturday night in Portland, Oregon. 459. Different asset classes will have slightly different requirements, please feel free to contact SVN Bluestone & Hockley Advisors for further assistance. A collaborative network of over 2,000 Advisors in 200 + SVN offices throughout the country that work together to do more deals. . 7% year-over-year, the lowest annual increase since October 2021. Loan repayment terms vary by applicant, up to a maximum of 30. 1% 12 Mo. SVN Bluestone Senior Advisor, Stacy Looney, worked diligently for over two years to secure a 10-year lease at 9400 SW. The federal tax return filing deadline is now July 15, 2020. Introduction 2019 was an eventful year for the Oregon legislature. Previously, Elsa was an Ad ministrador at Santa Ana Medical Center and also held positions at Santa Ana Medical Center, Registro Agrario. Visit and follow us on LinkedIn and Facebook!Tech Industry Driving U. 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. SVN | Bluestone & Hockley represented both the buyer and the seller in the transaction of Foxstar Apartments. 1% month-over-month and 5. 462 likes. Thanksgiving Inflation As Americans sit down for this year’s Thanksgiving, it’s more than just after-dinner-waistlines experiencing uncomfortable inflation levels. Almost 15 years ago, as a newbie property manager, I received a scary letter from the fire marshal about one of the commercial properties in my portfolio. This 18 guestroom motel is located on . SVN | Bluestone & Hockley represented both the buyer and the seller in the transaction of Foxstar Apartments. 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. The complex is well maintained with a stable tenant base. 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. The property manager at Bluestone and Hockley worked with the broker to reclaim a smaller better-situated space, that had been vacated during COVID. The event was a tremendous success. With average asking office rents across the country up nearly 20% over the past five years, many occupiers are seeking alternatives to leasing space. With the uncertainty over the last year, keeping your small investment might seem more like a gamble than a predictable long-range strategy. the SVN® brand, is one of the industry’s most recognized names based on the annual Lipsey Top Brand Survey. SNV | Bluestone & Hockley specializes in the sale of commercial and multifamily properties and the leasing of commercial space. The report shows that for the first time, nonstore retail sales, which include e-commerce sales, totaled more than those for the department stores that anchor most traditional Class B and Class C malls. 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. 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. According to the Bureau of Labor Statistics, the US economy added 517,000 jobs in January while the unemployment rate was little changed at 3. When KKR & Co. 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. Over 16 million initial claims for unemployment insurance were filed across the nation in the first three weeks of the crisis. 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. . Click HERE for more news on SVN Bluestone & Hockley! Stay Connected. 2% May Rent Collected so far; 91. SVN Bluestone & Hockley 2019 Recap and Successes. com. 3800. There’s land, there’s labor and then there are governmental regulations. Disappearing Bank Branches. 3% in comparison to the same time last year, according to a new April report from Apartment List. In 1987, SVN pioneered a better way of handling real estate transactions with the goal of putting the client’s interests first. . 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. com. Brian Pelky has been a licensed Washington since 1996, and a CCIM (Certified Commercial Investment Broker) since 2008. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. Thanks to the Tax Cuts and Jobs Act of. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. 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. All amenities are within walking distance. 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. Centers for Disease Control and Prevention; US Chamber; Source: SVN Corporate Read more news from SVN | Bluestone & Hockley. While the property is in a good location with great amenities and. The Ester Lee Motel is an historic motel located along the Oregon Coast Highway overlooking the Pacific Ocean. . Other construction hotspots include North Interstate Avenue, the Pearl District and the Central Eastside. CPI Inflation The Consumer Price Index (CPI) rose 6. Vancouver WA 98660. SVN Economic Update: January 13, 2023. Utilizing smart space solutions to create adaptable and flexible living spaces will serve as a necessary ingredient in preparing our. Most of you have heard about the Seven Deadly Sins that include; pride, envy, gluttony, lust, anger, greed and sloth. 5 03. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. By: Clifford A. 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!SVN | Bluestone & Hockley 4915 SW Griffith Dr. The yield on a 10-year US Treasury Bill rose to 1. 49 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. With several states and cities requiring residents to “shelter in place”, traditional retail has come to a halt. 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. Albeen, CCIM, EVP What’s going on, in general, in the area of office properties as a result of Covid-19? From an operational perspective, many office buildings are in states of partial or total shut-down due to a combination of government action forcing the issue and. We were invited to a special meeting of friends. . 1. 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. SVN Advisors also represent clients in auction services, corporate real estate,Training the Next Generation of Real Estate Investors- Your Kids. ”On Thursday, September 29, 2016, SVN Bluestone & Hockley co-hosted a seminar on “Due Diligence in Commercial Real Estate Transactions” with Dunn Carney Allen Higgins & Tongue LLP. Hockley, President Bluestone and Hockley Real Estate Services, Executive Director, SVN | Bluestone and Hockley Most residential. 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. SBA Economic Injury Disaster Loan. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. Overview Vancouver Multi-Family 1,682 1,820 3. Now available in thin veneer to provide a more believable alternative to "fake" cultured. There has been a shift in demand for rental housing due to demographic and other changes in our society. 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. 2%. Devin Getreu has been working as a Commercial Property Management Assistant at Bluestone & Hockley Real Estate Services for 13 years. SVN | Bluestone & Hockley 9320 SW Barbur Blvd. View Article. Bluestone & Hockley, President SVN Bluestone & Hockley, Executive Director 503. New Logo to Ring in the New Year. An accomplished real estate broker since 2004, Brian began his real estate career in finance by assisting with the acquisition of. One of the biggest surprises for the retail market in 2021 has been the drastic slowdown in announced store closings. Absorption Units Vacancy Rate 12 Mo. We recently had an environmental engineer call out the registration issue. My specialty is in Investment Sales, but I also represent Landlords in strategic leasing of. SVN | Bluestone 153 followers 1w Report this post Report Report. There were also limited records kept for the property. 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. 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. Eighty percent of work is defined as “collaborative. SVN Bluestone and Hockley Advisors Cliff Hockley, Jim Wierson, and Olesya Prokhorova represented the. We have exciting news to share! After our extensive search process, we are thrilled to announce the appointment of our. Asking Rent Growth Vancouver consistently exhibits robust fundamentals andBluestone Real Estate Services SVN | Bluestone. 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. With over 200 locations serving 500 markets, SVN provides sales, leasing, corporate services and property management services to clients across the globe. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. According. This property is a 53-room exterior corridor hotel consisting of a two-story, 25 room motel building built in 1979 alongside 28 rooms of cottages built in 1940’s, with additions added over the years. For your property management needs, visit the Bluestone Real Estate Services website. One of the factors that has maintained rent collections is the $600/week federal unemployment aid that is set to expire on July 31 st. While the terms of the agreement were not disclosed in the announcement, local media outlets have reported that the property deal will be structured. 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. Net operating income (NOI) is the driver of value in real estate investing. Year Built 1980. 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. Economic Update for March 2023. SVN Bluestone and Hockley Senior Advisor, Brian Resendez, represented the seller and the buyer in the transaction. SVN offers specialized services across a broad swath of real estate asset classes, covering both the traditional and the alternative. . 222. The property also has easy access to MAX transit line and to downtown Portland jobs. SVN Bluestone and Bluestone Real Estate Services. Portland rents have increased 0. The SVN Brand is comprised of over 1,600 Advisors and staff in more. Visit and follow us on LinkedIn and Facebook!Home buyer demand remains high and mortgage applications skyrocket Local Real Estate Market Activity. Managing Director - SVN | Bluestone Portland, OR. 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. 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. 5 days Convert cf to gallons times minutes (1 cf= 7. However, The seller recently refinanced and in order to sell this property he had to pay a $150,000 prepayment. 0% year-over-year through March, according to the Bureau of Labor Statistics’ latest release. stores, shows how much retail real estate has changed in just the last decade. Overview Vancouver Multi-Family 1,707 1,878 3. Karlin Conklin Managing Director Sperry Van Ness / Bluestone & Hockley (Portland, OR) Biography. 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. The hotel sold for $2,350,000 and will be converted to affordable housing. SVN Economic Outlook: April 14, 2023 CPI Inflation. We value long-term client relationships, which oftentimes require working at all ends of the multifamily property spectrum. Over 16 million initial claims for unemployment insurance were filed across the nation in the first three weeks of the crisis. Cost segregation studies are a very effective way to generate savings when buying investment property. 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. com. 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. Visit and follow us on LinkedIn and Facebook!What to expect in 2021 as the economy recovers. The property is located in NE Portland location with great WalkScore. We are more than just brokers, we are experienced advisors. Open by appointment only. within the last decade, spreading from tech startups to. Of course, you have other impacts to consider such as taxes, crime, economy, and Covid pandemics. Eviction Doomsday Isn’t Coming. Portland, Oregon. 2% 7. Karlin is a managing Principal Broker in Oregon and Washington. 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. Those tenants that cannot pay are either laid off, have not been called back to work, or have not received their unemployment benefits. . 503-577-7710 brian. 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. Are rents surging because of the eviction moratorium? The answer? Not directly, but it’s likely a contributing factor. 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. It is located in Milwaukie, a suburb of Portland near the terminus of the MAX line. In this article we summarize tax law changes that impact Commercial Real Estate investors as well as businesses. The Four Phases of Recovery We Can Expect Next Year. The amount of equity in the market, some of which has turned into debt, has put added pressure on conventional lenders. After an extensive search, Cottonwood Apartments, located in Redmond, Oregon was identified as the up-leg of the exchange. They can be found throughout the city, but most are clustered in the downtown core. More than 80% of workers spend their time engaged in collaborative work. A part of the larger Central City 2035 plan, the SE Quadrant Plan sets policies. He specializes in the sale of hospitality properties and land for development in the Pacific Northwest, USA. Unfortunately for many properties during COVID, the NOI has been capitated due to the mandated residential eviction moratoria (City, State, Federal. 2% month-over-month. . 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. 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. Experienced Commercial Real Estate Brokers in Portland Oregon. But some aspects of our lives don’t take time off, and if you operate a business in leased real estate, your lease obligations won’t take hiatus. Changes in Portland FAIR Access in Renting Ordinance. CONTACT US. Back Submit. The SVN | Bluestone & Hockley corporate office at 9320 SW Barbur Blvd. That scenario could leave many companies weakened and some unable to survive the transition. ABOUT COMMERCIAL AGENCY SVN - Bluestone (Beaverton, OR) We are local real estate brokers with expertise in industrial, retail, office and hospitality properties, and. Email. The answer is a resounding yes!!! Investors, appraisers, and financial institutions are resetting their. Absorption Units Vacancy Rate 12 Mo. 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. By Cliff Hockley, President of Bluestone and Hockley Real Estate Services Executive Director, SVN | Bluestone and Hockley Appraisal Adjustments. Today, I am an Oregon and Washington licensed Real Estate Advisor, working under SVN / Bluestone. Absorption Units Vacancy Rate 12 Mo. . 47 extended the length of prior notice a landlord must give for no-cause evictions. 2021 Portland Tax Changes. A real estate market that is now officially on the map in the eyes of institutional and private capital. By: Clifford A. For the first time since March 2020, the unemployment rate in Oregon dropped below 5% in August with an overall rate of 4. Portland, Oregon, United States Senior Advisor Retail & Office Leasing. Foxstar Apartments is a 20 units complex situated in East Portland. Building Class B. The SVN | Bluestone & Hockley corporate office at 9320 SW Barbur Blvd. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. View Article. 6The program will open for applications on March 8, 2021. 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. Visit and follow us on LinkedIn and Facebook!SVN Economic Outlook: April 28, 2023 Q1 2023 GDP (1) The US economy grew at an annualized rate of 1. 1% month-over-month, according to the latest numbers from. Think there is a tenant’s market right now? Stay tuned. High-end, high-rise apartments in densely-developed urban areas were hurt badly by falling rents and occupancies in the pandemic. This event will be held on. 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. Bluestone has experienced portfolio managers, quality tenants, and long-term relationships with the highest rated vendors in the industry. Beaverton, Oregon, United States Vice President Leasing Manager Shorenstein Realty Services 2007 - 2020 13 years. When optimized, they can increase cash flows, reduce tax liability and uncover missed deductions. The Consumer Price Index (CPI) rose 0. Visit and follow us on LinkedIn and Facebook!The Rush to Refinance Multifamily Properties Continues. One year ahead inflation expectations for rent ticked up 20 basis points to 9. During listing process the team of Hunter, Funk and Morris proposed the highest asking price along with a unique marketing plan for the property. The SVN | Bluestone & Hockley corporate office at 9320 SW Barbur Blvd. If you are looking for predictions for 2019 for the commercial real estate market, you aren’t alone. 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. Appraisal Adjustments – Covid-19 – Full presentation. For your property management needs, visit the Bluestone Real Estate Services website. 1%, its highest mark since July of last year. 4% month-over-month and 6. The below information was obtained from SVN’s Economic Outlook dated April 28, 2023. Ordinance VMC 8. About SVN | Bluestone & Hockley: SVN | Bluestone & Hockley is an independently owned and operated SVN® office. 9% 12 Mo. S. Remember when you learned how to ride a bike. SVN Economic Update: March 2022. After being vacant for quite some time, Stacy Looney with SVN Bluestone, negotiated the lease for 7,965 SF of retail. . After all, many luxury brands have offered semi-autonomous features for years – cruise control, lane assist, perfect parallel parking, etc. That did not transpire and the client now sought to liquidate the investment The property contained four abandoned, unusable mobile homes. 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. Lot Size 8. 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. View Article. Cascade Cove Mobile Home Park is an 18 unit mobile home park. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. SVN Bluestone & Hockley chockley@bluestonehockley. 54836. CANYON SQUARE SHOPPING CENTER 4130 SW 117TH AVE. Visit and follow us on LinkedIn and Facebook!The SVN | Bluestone & Hockley corporate office at 9320 SW Barbur Blvd. 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. Posted on by SVN. Industrial Experts Address Challenges Amid Historic Demand. Then, we develop a management plan.