We are your source for residential and commercial property management, commercial brokerage, and HOA management. It has been a rough decade for brick-and-mortar retailers, and matters seem only to be getting worse. The Buyer was in. Darcie Seal is a Manager, Community Property at Bluestone & Hockley Real Estate Services based in Portland, Oregon. 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. 00/SF/YR. 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. Eighty percent of work is defined as “collaborative. We scrimped and saved and after three years we purchased a 6000 square foot building. 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. Managing Director - SVN | Bluestone Portland, OR. As Economy Rebounds, Don’t Overlook Commercial Real Estate New Report Argues Property Can Be Hedge Against Inflation, Volatility. Delivered Units 12 Mo. President of Bluestone and Hockley Real Estate Services Executive Director, SVN |. SBA Economic Injury Disaster Loan. Currently, median rents in Portland stand at $1,120 for a one-bedroom apartment and $1,330 for a two-bedroom. We are a leader in the. View Article. 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. 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. 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. The apartment complex which was originally listed as a. Other construction hotspots include North Interstate Avenue, the Pearl District and the Central Eastside. Suite 300, Portland, Oregon will conduct a class taught by Attorney, Leah Sykes. Click HERE for more news on SVN Bluestone & Hockley! Stay Connected. the SVN® brand, is one of the industry’s most recognized names based on the annual Lipsey Top Brand Survey. Wealth may pay, but it may not stay. 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. Five for Friday turns the spotlight on John Brandhorst, a senior advisor at Sperry Van Ness/Bluestone & Hockley in Portland, OR. Beaverton, Oregon, United States Vice President Leasing Manager Shorenstein Realty Services 2007 - 2020 13 years. 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. In fact, in some areas, it has flourished. News & Information. Visit and follow us on LinkedIn and Facebook! Sign Up. SVN Advisors also represent clients in auction services, corporate real estate,Training the Next Generation of Real Estate Investors- Your Kids. That is a piece of conventional wisdom that appears to transcend cultures. Delivered Units 12 Mo. SVN Bluestone is a commercial real estate firm specializing in the sale and lease of properties. It was a great building and we owned it for. But Brian Stoffers, global president of debt and structured finance for Capital Markets at CBRE, doesn’t see lenders making irresponsible loans. An accomplished real estate broker since 2004, Brian began his real estate career in finance by assisting with the acquisition of. 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 health care establishment has yet to consider its patients as customers. 25% while. 1 These clauses remained relevant as interest rates were high - but interest rates have. 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. We advise clients on a wide variety of issues ranging from overseeing capital improvements and buildouts to branding a. Cost segregation studies are a very effective way to generate savings when buying investment property. 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. Portland's biggest construction projects right now. Executive Director, SVN | Bluestone and Hockley. Asking Rent Growth Vancouver consistently exhibits robust fundamentals and Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. Over 16 million initial claims for unemployment insurance were filed across the nation in the first three weeks of the crisis. More time for you. SVN | Bluestone is a Portland Metro and SW Washington commercial real estate brokerage firm specializing in the sale of commercial. In this article we summarize tax law changes that impact Commercial Real Estate investors as well as businesses. Introduction 2019 was an eventful year for the Oregon legislature. One of the biggest surprises for the retail market in 2021 has been the drastic slowdown in announced store closings. the SVN® brand, is one of the industry’s most recognized names based on the annual Lipsey Top Brand Survey. – SVN | Bluestone & Hockley, one of the nation’s premier net lease brokerage firms, has completed the sale of a 99,215. The client had initially purchased the property in anticipation that a casino would be built. 9% annual rate in Q4 2022, according to the advance estimate by the Bureau of Economic Analysis. . The SVN | Bluestone & Hockley corporate office at 9320 SW Barbur Blvd. 3M 229K 4. Our Properties. The relief generally applies to all. It was a Saturday night, like any Saturday night in Portland, Oregon. Multifamily Developers Struggle to Build Garden Apartments. 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. Visit and follow us on LinkedIn and Facebook! Local Commercial Real Estate Advisors. SVN | Bluestone & Hockley (503) 459-4387 Contact Broker see more see less: 320: Space Type General Office ; Lease Rate $23. With over 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. The SVN | Bluestone & Hockley corporate office at 9320 SW Barbur Blvd. within the last decade, spreading from tech startups to. 462 likes. 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. Long term interest rates, like the yield on 10-year Treasury bonds, fell below 1 percent at the start of. Visit and follow us on LinkedIn and Facebook!Patrice Cook - SVN | Bluestone - Portland Commercial Real Estate Brokerage. There has been a shift in demand for rental housing due to demographic and other changes in our society. Overview Vancouver Multi-Family 1,436 1,592 4. Finding a. Most Investors just look at one thing, how big the check is at the end of the month. Industrial Experts Address Challenges Amid Historic Demand. . 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. . SVN | Bluestone University of Oregon About About Vice President Portfolio/Asset Management with proven track record of success across. Delivered Units 12 Mo. The roads were clear, and it was 50 degrees out. Visit and follow us on LinkedIn and Facebook!But the COVID-19 crisis has seen a growing number of people moving to the suburbs. SVN Economic Update: March 2022. Without overwhelming majorities in the House or Senate, President Biden will be. 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. Not the largest or the most actively contested markets, the 2016 Retail Markets to. Major. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. In 1987, SVN pioneered a better way of handling real estate transactions with the goal of putting the client’s interests first. Washington passed several laws that rewrote much of their state’s landlord & tenant laws, resulting in an incremental win for tenants. View Article. An accomplished real estate broker since. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. He specializes in the sale of hospitality properties in the Pacific Northwest, United States by serving the needs of hotel owners. 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. 4359. He looked ahead and planned his innovations, to be most efficient at utilizing the limited resources he had available. If you are considering selling, you may be cashing your chips in a little too soon. Higher Mortgage Rates Begin to Cool the Pricey Housing Market. At the end of 2015 Sperry Van Ness Bluestone & Hockley was re-branded to SVN Bluestone & Hockley. Families Key in Future Rental Housing Market. Vancouver WA 98660. Lest anyone be confused, COVID 19 is driving our current regional and national economy. Eviction Doomsday Isn’t Coming. SVN Bluestone, Beaverton, Oregon. On April 9, 2020, the IRS and Treasury Department issued Notice 2020-23, granting an automatic extension of returns and quarterly tax payments, until July 15, 2020, to comply with several federal filing and payment obligations in addition to those already extended, as well as time to perform certain time-sensitive actions. The 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. It was the slowest monthly climb for prices since December. 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. Remember when you learned how to ride a bike. 20 gal/day) The Canyon Shopping Center has a 1,450 SF retail space available for lease. Commercial real estate experts forecast increasing demand for modular construction in the healthcare, industrial, education and multifamily sectors. 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. ” Forty-three percent of respondents in a survey indicates that less than 5% of their worksite include enclosed offices. 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. During. Hockley, President Bluestone and Hockley Real Estate Services, Executive Director, SVN | Bluestone and Hockley As an. 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. The Waldport, Oregon hospitality property was a non-operational REO property. 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. But the 2017 Tax Cuts and Jobs Act set many changes in motion for charitable giving. For more information on the stimulus package, we welcome you to read the SVN Bluestone & Hockley blog. SVN Economic Update: February 24, 2023 Homebuilding Sentiment Rises. Unfortunately for many properties during COVID, the NOI has been capitated due to the mandated residential eviction moratoria (City, State, Federal. Visit and follow us on LinkedIn and Facebook!Home buyer demand remains high and mortgage applications skyrocket Local Real Estate Market Activity. 76976. 5 days Convert cf to gallons times minutes (1 cf= 7. 222. Wealth may pay, but it may not stay. 0% year-over-year through June, according to the latest numbers from the Bureau of Labor Statistics. . By working with the seller to get the city code violation signed off, they negotiated with the city to reduce their lien. 2% 7. . Karlin Conklin Managing Director Sperry Van Ness / Bluestone & Hockley (Portland, OR) Biography. Despite a strong consumer economy, physical retailers closed more than 9,000 stores in 2019 – more. Asking Rent Growth Vancouver consistently exhibits robust fundamentals and SVN | Bluestone. . Connect Samantha Jordan Portland, OR. 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. Kristin Schaff, Executive Vice President, SVN Bluestone. Asking Rent Growth Portland's multifamily sector is weathering the lingering By Cliff Hockley, President of Bluestone and Hockley Real Estate Services Executive Director, SVN | Bluestone and Hockley. A drastic runup in lumber prices earlier this year created a challenging environment for builders, but the. BEAVERTON, OR 97005 Patrice Cook Advisor 503. 459. Cost segregation studies are a very effective way to generate savings when buying investment property. These loans carry an interest rate of 3. Visit and follow us on LinkedIn and Facebook!Executive Director, SVN | Bluestone and Hockley. Through a culture of compensated cooperation and national reach that assures maximum exposure for each listing, SVN advisors create unprecedented value for real estate investors year after year. 2%, gas up 40 basis points to 4. 5% . Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. SVN Economic Update: January 13, 2023 CPI Inflation. Most commercial or multifamily properties have parking lots, and most of these parking lots may have drywells. Asking Rent Growth Vancouver consistently exhibits robust fundamentals andThe Redwood Inn is a 47 room, 12,200 SF hotel in Medford, OR. SVN | Bluestone is a Portland Metro and SW Washington commercial real estate brokerage firm specializing in the sale of commercial and multifamily properties, and the leasing of commercial space. 6The program will open for applications on March 8, 2021. By: Clifford A. Loan repayment terms vary by applicant, up to a maximum of 30. 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. Brian is a Partner Circle Award winner who specializes in the hospitality, and land and development areas. The seller wanted a quick sale at the highest possible price. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. At 70%, Renewals Dominate Office Leasing. SVN Bluestone and Hockley Senior Advisor, Brian Resendez, represented the seller and the buyer in the transaction. “You have to understand this is a very unusual situation, with. 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. We are a leader in the Portland/SW Washington commercial real estate market, with Advisors having more than a century of combined experience. Executive Director, SVN | Bluestone and Hockley. 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. cook@svn. Overview Vancouver Multi-Family 1,707 1,878 3. This past year for residential landlords has been a whirlwind of changes and new laws. As we showed up just on time, we found out many more people showed up than they. To ensure each of our owners, tenants and entrepreneurs have access to the most updated resources, we are providing this newsletter to give you information that may be valuable to you. Is your commercial real estate producing the Income it should? How will the national economy, the Fed, and Local Market trends. Suite 300, Portland, Oregon will conduct a class taught by our President and Executive Diretor Cliff Hockley, CCIM, CPM, MBA. 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. Absorption Units Vacancy Rate 12 Mo. 5% year-over-year and just 0. According to the latest data from the National Association of Home Builders (NAHB), homebuilding confidence is on the rise. 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. Year Built 1980. Portland, OR. Part of the government response was the Centers for Disease Control eviction moratorium, based on public health concerns. . 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. 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. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. 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. Disappearing Bank Branches. By: Clifford A. 2% 12 Mo. Bluestone & Hockley Collections Report. SVN | Bluestone & Hockley represented both the buyer and the seller in the transaction of Foxstar Apartments. Some Retailers are Opening New Stores. There’s land, there’s labor and then there are governmental regulations. stores, shows how much retail real estate has changed in just the last decade. A part of the larger Central City 2035 plan, the SE Quadrant Plan sets policies. 5% 12 Mo. 5% year-over-year and just 0. 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. After a four-year update process, the new 2035 Comprehensive Plan was adopted on June 15,. com Full Bio have yield maintenance clauses, these are very expensive and very hard to offset, though they can be assumed at a substantial cost and with huge. Overview Portland Industrial 2. 49 likes. The building is a 14,000 Sf Flex/office building in a residential district of Vancouver. 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. 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. 503-577-7710 brian. Economic Update for March 2023. 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. Visit and follow us on LinkedIn and Facebook!SVN Economic Update: November 18, 2022. A collaborative network of over 2,000 Advisors in 200 + SVN offices throughout the country that work together to do more deals. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. Sources: Brannon Broswell, ICSC Branch Banking 2020, JLL Research Report Big banks are closing antiquated branches at a record pace, but they are also opening smaller and more digitally focused ones to better serve their customers, according to research from JLL’s Branch Banking 2020. Contact SVN Bluestone and Hockley Advisors for. Here in Oregon nearly 270,000 initial claims were received in those. 48 gallons One day= 1440 minutes One month= 30. Email. The investor stated he would not buy it unless Kevin could find a tenant to occupy the space. CPI Inflation The Consumer Price Index (CPI) rose 6. This is What the Upcoming Tenant’s Market Will Look Like. Visit and follow us on LinkedIn and Facebook!SVN | Bluestone & Hockley 4915 SW Griffith Dr. Banks and other financial institutions. Today, I am an Oregon and Washington licensed Real Estate Advisor, working under SVN / Bluestone. The property is located in NE Portland location with great WalkScore. With over 200 locations serving 500 markets, SVN provides sales, leasing, corporate services and property management services to clients across the globe. 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. Read more news at SVN Bluestone! Stay Connected. The Challenge of the sale was that the owner wanted a quick sale and but at the same time. Portland rents have increased 0. S. Many years ago, our attorney advised us to implement a succession plan. The annual inflation rate has now fallen for six consecutive months. Core prices, which exclude food and energy rose 4. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. 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. The SVN | Bluestone & Hockley corporate office at 9320 SW Barbur Blvd. Visit and follow us on LinkedIn and Facebook!Top 8 CRE Predictions for 2019. 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. 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. -The average worker spends 40% of the day at their desk. Unemployment, durable goods, home sales, retail sales, manufacturers’ shipments, construction spending — that sort of thing. During listing process the team of Hunter, Funk and Morris proposed the highest asking price along with a unique marketing plan for the property. Absorption Units Vacancy Rate 12 Mo. By Cliff Hockley, President of Bluestone and Hockley Real Estate Services Executive Director, SVN | Bluestone and Hockley. View Article. S. 3%. Net operating income (NOI) is the driver of value in real estate investing. 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. 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. 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. How Gen Z Renters Might Reshape Multifamily. 459. Whether you are located in Portland, Beaverton, Lake Oswego, Vancouver, Hillsboro or Gresham we have the right. The Owner of the property had been long-term owners and built property. It’s been seven months since COVID-19 invaded our lives and consciousness. The face of campus retail is changing. . As the pandemic rages on both companies and their employees are looking to the suburbs for salvation, the theory being that the wider spaces in these city outskirts will make social distancing that much easier. 137 likes · 1 talking about this · 32 were here. Portland was also busy with the passage of the Fair Access in Renting (FAIR) ordinances which will dramatically alter application. SVN Economic Update: February 10, 2023 January Jobs Report. 4%. A majority. . Executive Director, SVN | Bluestone and Hockley. Larger REIT’s. View Article. SVN Economic Update: March 2022 The Fed Raises Interest Rates. Ordinance VMC 8. Property Size 60,115 SF. For the first time since March 2020, the unemployment rate in Oregon dropped below 5% in August with an overall rate of 4. 2% month-over-month and 3. The Ester Lee Motel is an historic motel located along the Oregon Coast Highway overlooking the Pacific Ocean. SVN Economic Update: September 2023. 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. Property Type Office - General Office. SVN Bluestone & Hockley Senior Advisors represented the buyers. 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. , Suite 300 Portland, OR 97219 503. By Cliff Hockley, President of Bluestone and Hockley Real Estate Services Executive Director, SVN | Bluestone and Hockley Appraisal Adjustments. To keep you informed, SVN Bluestone & Hockley has summarized the 2019 legislative changes. Connect Patti Moller Vice President, Business Development Officer, Wells Fargo Commercial Banking Group. Bluestone and Hockley Real Estate Services has been an Accredited Management Organization (AMO) since April of. The national election is over, and we have a new president and new legislators filling both national and statewide positions. 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. Basis for Calculations 1 cubic feet= 7. 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. Bluestone and Hockley Real Estate Services SVN | Bluestone and Hockley. However, The seller recently refinanced and in order to sell this property he had to pay a $150,000 prepayment. ABOUT COMMERCIAL AGENCY SVN - Bluestone (Beaverton, OR) We are local real estate brokers with expertise in industrial, retail, office and hospitality properties, and. . 2% May Rent Collected so far; 91. The SVN Brand is comprised of over 1,600 Advisors and staff in more. Foxstar Apartments is a 20 units complex situated in East Portland. 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. Delivered Units 12 Mo. Click HERE for more news on SVN Bluestone & Hockley! Stay Connected. The latest economic update from SVN Research! CPI Inflation (1) The Consumer Price Index (CPI) rose 3. The SVN | Bluestone & Hockley corporate office at 9320 SW Barbur Blvd. By Cliff Hockley, President of Bluestone and Hockley Real Estate Services Executive Director, SVN | Bluestone and Hockley. What we have learned is that real estate is mostly a. Landlords of warehouse and distribution properties may look to shorter leases to capitalize on burgeoning e-commerce-driven demand, with the pace at which average lease terms are. 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. They should be considered by every real estate investor on every transaction. Appraisals and Covid-19 Presentation- June 2020. View Article. Brian Resendez serves as an Advisor with SVN | Bluestone & Hockley in Portland, Oregon. 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. Stay Connected Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. Delivered Units 12 Mo. By Cliff Hockley, CCIM, CPM Principal Broker and Senior Advisor, SVN Bluestone I have been working with investors for over 35 years. View ArticleSVN Economic Outlook: March 31, 2023 (1) Interest Rate Impact on Bank Securities and Capital. com SVN | BLUESTONE & HOCKLEY |9320 SW BARBUR BLVD. 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. North Bonneville, WA. We strive to build long-term relationships with our property owners and tenants. 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. , PORTLAND, OR 97209 SVN | Bluestone & Hockley | Page 4 The information presented here is deemed to be accurate, but it has not been independently verified. 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. There were also limited records kept for the property. . Why are they doing this? Because they are tired of dealing with the day-to-day challenges of managing residential properties. The presentation will discuss how to select the correct commercial lease clauses and ways to approach those lease clauses to add significant. 7% 9. Office Leasing, as Companies Expand into New Markets. By: Clifford A. Since the pandemic began, nearly one-third of commercial leases in the US negotiated since March include the pandemic as a force majeure event. Advisor Kevin Wingate-Pearse brought this deal to an investor. com. 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. 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. 3% in comparison to the same time last year, according to a new April report from Apartment List. Here in Oregon nearly 270,000 initial claims were received in those first three weeks. Here’s Why. The shuttering of retailers for an undisclosed period. While the June pause was intended to start a “wait and see” approach by officials, their meeting minutes and commentary in recent weeks suggested to the market that they were prepared to. This may be lower than the real number due to the challenges many newly unemployed. 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. Often, it’s a small group of people who. Suite 300 Beaverton, OR 97005 Blog LinkedIn Facebook By: Cliff Hockley, President, Bluestone and Hockley Real Estate Services Executive Director, SVN Bluestone and Hockley Ever wonder why some people are wealthy and others are not? Do theyThe SVN Bluestone investment team of Cliff Hockley, Jim Wierson II, and Olesya Prokhorova sourced a transaction for a client that involved a complicated 1033 Exchange. 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. 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. This year’s Washington state legislative regular session ended as scheduled on April 25, 2021. One year ahead inflation expectations for rent ticked up 20 basis points to 9. Henry Ford, the father of Ford Motors, had a relentless focus on planning. SVN Bluestone is a commercial real estate firm specializing in the sale and lease of properties. 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. Leased! 7,965 SF at the Ross Center in Happy Valley. 7% 6.