Bluestone and Hockley Real Estate Services SVN | Bluestone and Hockley. Overview Vancouver Multi-Family 1,682 1,820 3. Stay Connected. Work/ Life Balance that is absent the excessive commute times in other West Coast cities. Net operating income (NOI) is the driver of value in real estate investing. 76976. Visit and follow us on LinkedIn and Facebook!Overview Portland Multi-Family 7,390 10,627 5. The SVN Brand is comprised of over 1,600 Advisors and staff in more. SVN | Bluestone and Hockley is pleased to announce the promotion of Brian Resendez to Senior Vice President. The transaction closed in March. The Consumer Financial Protection Bureau began to publicly consider in March 2021 what steps it could. 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. 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. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. To what degree will depend heavily on the property and the location. They can be found throughout the city, but most are clustered in the downtown core. Office Leasing, as Companies Expand into New Markets. Portland was also busy with the passage of the Fair Access in Renting (FAIR) ordinances which will dramatically alter application. 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. 6% and registering well below the Dow Jones consensus forecast of 2. The company is headquartered in Beaverton, Oregon. 4% Units paid so far; We are making good progress regarding our residential tenancies. 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. Good news for US Housing Economy. I am a Hotel Broker with combined experience in hotel operations, commercial real estate investment, and mortgage lending services. The property is located in NE Portland location with great WalkScore. 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. We strive. For tax payments of up to $10 million, the IRS has also. ABOUT COMMERCIAL AGENCY SVN - Bluestone (Beaverton, OR) We are local real estate brokers with expertise in industrial, retail, office and hospitality properties, and. 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. Executive Director, SVN | Bluestone and Hockley. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. Visit and follow us on LinkedIn and Facebook! Sign Up. By Clifford Hockley, CPM, CCIM SVN Bluestone, Principal Broker Henry Ford, the father of Ford Motors, had a relentless focus. Unemployment, durable goods, home sales, retail sales, manufacturers’ shipments, construction spending — that sort of thing. News & Information. The relief generally applies to all obligations that otherwise would. 5% year-over-year and just 0. Other construction hotspots include North Interstate Avenue, the Pearl District and the Central Eastside. 1% month-over-month, according to the latest numbers from the Bureau of Labor Statistics — relatively in line with most industry estimates. July 2023 Economic Update Inflation (1) The consumer price index (CPI) rose by 0. By Cliff Hockley, President of Bluestone and Hockley Real Estate Services Executive Director, SVN | Bluestone and Hockley Appraisal Adjustments. A part of the larger Central City 2035 plan, the SE Quadrant Plan sets policies. This 18 guestroom motel is located on . We are local real estate brokers with expertise in industrial, retail, office and hospitality properties, and successfully represent both property owners and tenants. . Absorption Units Vacancy Rate 12 Mo. This past year for residential landlords has been a whirlwind of changes and new laws. 2% month-over-month and 3. According to the latest data from the National Association of Home Builders (NAHB), homebuilding confidence is on the rise. Foxstar Apartments is a 20 units complex situated in East Portland. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. Read more news at SVN Bluestone & Hockley Stay Connected Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. By Clifford Hockley, Principal Broker In economics, a recession is a business cycle contraction when there is a general decline in economic activity. S. The relief generally applies to all. Cost segregation studies are a very effective way to shelter investment property. View Article. These include banking and lending risks, insurance costs, and. ”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. Changes in Portland FAIR Access in Renting Ordinance. With over 200 locations serving 500 markets, SVN provides sales, leasing, corporate services and property management services to clients across the globe. Suite 300, Portland, Oregon will host Brian Mares, LEED AP, and Peter Grim, AIA, of Scott |. SVN Economic Update: January 13, 2023 CPI Inflation. com Retail landlords facing tenant defaults as a result of the coronavirus pandemic will likely work with tenants toward a solution While no one knows the severity of economic disruption the coronavirus pandemic will cause, it is likely to hit retail tenants significantly. It employs 6-10 people and has $0M-$1M of revenue. President of Bluestone and Hockley Real Estate Services Executive Director, SVN |. 222. Absorption Units Vacancy Rate 12 Mo. 0% year-over-year through March, according to the Bureau of Labor Statistics’ latest release. 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. 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. Home; About; Services; Specialties; Properties;Bluestone utilizes its years of expertise in the market to achieve above market returns for our clients. For the first time since March 2020, the unemployment rate in Oregon dropped below 5% in August with an overall rate of 4. “You have to understand this is a very unusual situation, with. We offer in-house support services, including financial analysis, research, and marketing. View Article. It’s clear from almost every metric that the Portland multifamily sector’s performance in 2018 outstripped that of the prior year in virtually every respect: rent growth increased, sales volume was up more than 30 percent and the number of new units added to the market during the year is way, way up. 48 * 1440 = 10771. ProSchools 15 years 9 months Enterprise Catalog Manager ProSchools Dec 2002 - Aug 2018 15 years 9 months. 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. We are your source for residential and commercial property management, commercial brokerage, and HOA management. This event will be held on. SVN Bluestone is a commercial real estate firm specializing in the sale and lease of properties. SVN Advisors also represent clients in auction services, corporate real estate,Training the Next Generation of Real Estate Investors- Your Kids. The Ordinance created sweeping changes to Portland in. 7% 9. . The event was a tremendous success. This year’s Washington state legislative regular session ended as scheduled on April 25, 2021. Remember when you learned how to ride a bike. 462 likes. By Cliff Hockley, President of Bluestone and Hockley Real Estate Services Executive Director, SVN | Bluestone and Hockley Cost segregation studies are a very effective way to shelter investment property. 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. Penalties The following chart show the potential of a penalty for each type of infrac-tion based on the ordinance. 3M 229K 4. 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. Our new brand more accurately represents the company’s. Brian Pelky has been a licensed Washington since 1996, and a CCIM (Certified Commercial Investment Broker) since 2008. Finding a. SVN | Bluestone is a Portland Metro and SW Washington commercial real estate brokerage firm specializing in the sale of commercial. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. Suite 300, Portland, Oregon will conduct a. Bluestone and Hockley Real Estate Services has been an Accredited Management Organization (AMO) since April of. We are more than just brokers, we are experienced advisors. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. SVN Bluestone is a commercial real estate firm specializing in the sale and lease of properties. SVN Bluestone, Beaverton, Oregon. After an extensive search, Cottonwood Apartments, located in Redmond, Oregon was identified as the up-leg of the exchange. 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. 3M 229K 4. This recession is fundamentally different than the Great Financial Crisis in 2008, and as a result, the opportunities to benefit from the market dislocation will also be much different. SVN Economic Update: March 2022. There were also limited records kept for the property. Industrial Experts Address Challenges Amid Historic Demand. As a result, companies are dusting off playbooks to reconsider the hub-and-spoke site selection model not just for their own corporate purposes but also. 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. He specializes in the sale of hospitality properties and land for development in the Pacific Northwest, USA. Contact Brian directly. I have been licensed to sell real estate. SVN Economic Update: January 13, 2023. The SVN | Bluestone & Hockley corporate office at 9320 SW Barbur Blvd. **SVN Canada Weekly SALES Zone** EPHEDRINE; Post Workout (Recovery) *CLEARANCE ITEMS* Fibre; Pre-Workout; Amino Acid (Blends) Glutamine; Protein. Connect Samantha Jordan Portland, OR. 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. Those tenants that cannot pay are either laid off, have not been called back to work, or have not received their unemployment benefits. SVN Economic Update: April 2021 Covid Cases and Vaccinations. SVN Bluestone Senior Advisor, Stacy Looney, worked diligently for over two years to secure a 10-year lease at 9400 SW. 5 billion price, in part, because of the supposedly valuable properties that came with the deal. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. 93. While the office sector has clearly struggled through the pandemic, office-using employment recovery indicates future demand for physical workspaces. SVN Economic Update: August 11, 2023. The client wanted to buy a property in a market as the CAP rates were adjusting downwards. We make no guarantee, warranty or representation. At the end of 2015 Sperry Van Ness Bluestone & Hockley was re-branded to SVN Bluestone & Hockley. 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. The roads were clear, and it was 50 degrees out. That did not transpire and the client now sought to liquidate the investment The property contained four abandoned, unusable mobile homes. National Real Estate Investor ranked the hottest and the worst multi-family markets in the US for investors: The best markets for multi-family investors: Boston Denver Des Moines Raleigh/Durham Salt Lake City San Jose Seattle Charlotte Washington, DC The worst markets for multi-family investors: Cleveland Houston Kansas City Los Angeles New. Visit and follow us on LinkedIn and Facebook!SVN Economic Update: January 27, 2023 GDP. Think there is a tenant’s market right now? Stay tuned. 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. Multifamily Developers Struggle to Build Garden Apartments. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. America Inn & Suites – Waldport, Oregon. Then, we develop a management plan. As Covid-19 continues to spread and impact every aspect of American’s lives, nothing is more important than our health and safety of that of our loved ones. By: Brian Pelky, Advisor, SVN Bluestone and Hockley. Property Type Office - General Office. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. 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. The yield on a 10-year US Treasury Bill rose to 1. The Consumer Price Index (CPI) rose 6. By Clifford Hockley, CPM, CCIM SVN Bluestone, Principal Broker Henry Ford, the father of Ford Motors, had a relentless focus. But the 2017 Tax Cuts and Jobs Act set many changes in motion for charitable giving. ” Forty-three percent of respondents in a survey indicates that less than 5% of their worksite include enclosed offices. Portland, OR. Good news for US Housing Economy. Despite the broader rise in inflation expectations, they remain well. The building is a 14,000 Sf Flex/office building in a residential district of Vancouver. Without overwhelming majorities in the House or Senate, President Biden will be. The national election is over, and we have a new president and new legislators filling both national and statewide positions. SVN Bluestone, Beaverton, Oregon. SVN | Bluestone and Hockley. By: Clifford A. SVN Advisors also represent clients in auction services, corporate real estate,How to Prepare for the New Office Space Trends. Absorption Units Vacancy Rate 12 Mo. 5% year-over-year and just 0. 9% 12 Mo. Why are they doing this? Because they are tired of dealing with the day-to-day challenges of managing residential properties. Buying a CRE asset above its value or at a low cap rate is rarely a route to a successful transaction. A collaborative network of over 2,000 Advisors in 200 + SVN offices throughout the country that work together to do more deals. As one of. Jaime was 35 years old when she received a text from her mother that she was needed at home in Florida. Delivered Units 12 Mo. For more information on the stimulus package, we welcome you to read the SVN Bluestone & Hockley blog. 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. All amenities are within walking distance. Read more news at SVN Bluestone! Stay Connected Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. 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. Visit and follow us on LinkedIn and Facebook!Patrice Cook - SVN | Bluestone - Portland Commercial Real Estate Brokerage. 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. We strive to build long-term relationships with our property owners and tenants. Bluestone and Hockley Real Estate Services. 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. Now that we’ve. 0%. 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. In the heart of the Pearl District, it is located just off of 13th Avenue and is surrounded by condominiums and apartment buildings. Asking Rent Growth Vancouver consistently exhibits robust fundamentals andThe Redwood Inn is a 47 room, 12,200 SF hotel in Medford, OR. 137 likes · 1 talking about this · 32 were here. 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. View ArticleSince commercial real estate is a leverage business, many owners may need to restructure the loans secured by their properties to achieve more attainable economic terms and to avoid loan defaults, foreclosures and the loss of their properties. The complex is well maintained with a stable tenant base. 54836. Back Submit. Real Estate investors forget how important accounting is to their investment success. To keep you informed, SVN Bluestone & Hockley has summarized the 2019 legislative changes. Appraisals and Covid-19 Presentation- June 2020. 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. Beaverton, Oregon, United States Vice President Leasing Manager Shorenstein Realty Services 2007 - 2020 13 years. Guide to Reopening Business Amid Covid-19: Landlords. View Article Equity Residential Takes Chips Off the Table by Selling 23,000 Units of Their Perceived Risky Apartments Assets. Overview Vancouver Multi-Family 1,682 1,820 3. 4359. Currently, median rents in Portland stand at $1,120 for a one-bedroom apartment and $1,330 for a two-bedroom. The answer is a resounding yes!!! Investors, appraisers, and financial institutions are resetting their. 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. If you are looking for predictions for 2019 for the commercial real estate market, you aren’t alone. It was the slowest monthly climb for prices since December. Executive Director, SVN | Bluestone and Hockley. 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. That scenario could leave many companies weakened and some unable to survive the transition. 4% over the past month, but are down slightly by 0. With over 200 locations serving 500 markets, SVN provides sales, leasing, corporate services and property management services to clients across the globe. 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. CPI Inflation The Consumer Price Index (CPI) rose 6. New Logo to Ring in the New Year. Major. 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. 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. Visit and follow us on LinkedIn and Facebook!Lumber Prices Drops Fueling Multifamily Building Boom. 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. , Bain Capital, and Vornado Realty Trust took over the company in 2005, the buyers justified the $7. If you calmly, wisely make the best of this difficult time, you. 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. 5 03. He specializes in the sale of hospitality properties in the Pacific Northwest, United States by serving the needs of hotel owners. For your property management needs, visit the Bluestone Real Estate Services website. As Economy Rebounds, Don’t Overlook Commercial Real Estate New Report Argues Property Can Be Hedge Against Inflation, Volatility. Our very low-income tenants are the most. Portland Metro. 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. The Four Phases of Recovery We Can Expect Next Year. They should be considered by every real estate investor on every transaction. 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. SVN | Bluestone Nov 2019 - Present 4 years. 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. com. Delivered Units 12 Mo. 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. , 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. By: Brian Pelky, Advisor, SVN Bluestone and Hockley. While the specifics may be different, the industrial sector is lighting up across the western region. To date, millennials and baby. 4 Acre. The unemployment rate has declined rapidly over the past two months after slower declines in the first five months of 2021. Hockley, President Bluestone and Hockley Real Estate Services, Executive Director, SVN | Bluestone and Hockley Most residential. We never stopped working even when we made the decision to leave the office to protect our employees from COVID -19. Utilizing smart space solutions to create adaptable and flexible living spaces will serve as a necessary ingredient in preparing our cities for what the next half century. We advise clients on a wide variety of issues ranging from overseeing capital improvements and buildouts to branding a. 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. . 9% 12 Mo. Home; About; Services; Specialties; Properties; Advisors;Bluestone and Hockley Real Estate Services SVN | Bluestone and Hockley. There’s land, there’s labor and then there are governmental regulations. SVN Bluestone and Hockley Senior Advisor, Brian Resendez, represented the seller and the buyer in the transaction. 7% 6. SVN Bluestone, Principal Broker The world’s climate is changing and so are the methods adapted to adjust to the changes. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. The shuttering of retailers for an undisclosed period. Wealth may pay, but it may not stay. Darcie Seal is a Manager, Community Property at Bluestone & Hockley Real Estate Services based in Portland, Oregon. 47 extended the length of prior notice a landlord must give for no-cause evictions. 1% month-over-month and 5. The answer is a resounding yes!!! Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. 5% 12 Mo. My specialty is in Investment Sales, but I also represent Landlords in strategic leasing of. 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. High-end, high-rise apartments in densely-developed urban areas were hurt badly by falling rents and occupancies in the pandemic. 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. Asking Rent Growth Vancouver consistently exhibits robust fundamentals and SVN | Bluestone. By Cliff Hockley, President of Bluestone and Hockley Real Estate Services Executive Director, SVN | Bluestone and Hockley. Open by appointment only. What is your geographic market and product specialty? My geographic market is the Portland MSA and my product specialty is office. Portland will require all landlords to register their apartments by late 2020 – Oregonlive. 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 SVN® brand, is one of the industry’s most recognized names based on the annual Lipsey Top Brand Survey. Values go up and down. Delivered Units 12 Mo. Portland, Oregon. SVN Bluestone, Principal Broker If your desk is like mine, it might be a little cluttered. 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 | Bluestone & Hockley 4915 SW Griffith Dr. Oregon opened with a bang in February passing statewide rent control, continuing with new mobile home park rules and finishing with some more state taxes. 2021 Portland Tax Changes. 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. The transaction closed in March of 2021. SVN | Bluestone 22 years 4 months Salesperson SVN | Bluestone Aug 2001 - Present 22 years 4 months. 5% year-over-year and just 0. 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. 17933 NW Evergreen Place, Beaverton, OR 97006. Get more news at SVN Bluestone and Hockley. Are rents surging because of the eviction moratorium? The answer? Not directly, but it’s likely a contributing factor. 2%. The investor stated he would not buy it unless Kevin could find a tenant to occupy the space. . 25% while. The presentation will discuss how to select the correct commercial lease clauses and ways to approach those lease clauses to add significant. Here in Oregon nearly 270,000 initial claims were received in those. Below are additional resources for businesses as the country reopens. 2% from one year ago, roughly in line with last month’s increase and climbing just 0. Visit and follow us on LinkedIn and Facebook! Sign Up. 503-577-7710 brian. Today, I am an Oregon and Washington licensed Real Estate Advisor, working under SVN / Bluestone. Source: Kelsi Maree Borland with GlobeSt. The client of SVN Bluestone & Hockley advisor Cliff Hockley only had a limited amount of time to identify the up-leg of a 1031 exchange and close on both deals. . Economic indicator reports arrive regularly in a newsroom. We. News & Information CAM Reconciliations: What Commercial Landlords Need to Know By Jamie Gingell, Director of Commercial Property Management Bluestone and Hockley. SVN Economic Outlook: April 14, 2023 CPI Inflation. Overview Vancouver Multi-Family 1,707 1,878 3. By working with the seller to get the city code violation signed off, they negotiated with the city to reduce their lien. 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. 0% year-over-year through June, according to the latest numbers from the Bureau of Labor Statistics. . Executive Director, SVN | Bluestone and Hockley. Maple Grove is a well-kept multifamily property that is being sold to resolve a trust. 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. By Clifford Hockley, CPM, CCIM SVN Bluestone, Principal Broker Henry Ford, the father of Ford Motors, had a relentless focus. S. However, The seller recently refinanced and in order to sell this property he had to pay a $150,000 prepayment. As I am sure you have heard, the national unemployment numbers are dismal, with current rates (April 2020) estimated around 15%. The SVN | Bluestone & Hockley corporate office at 9320 SW Barbur Blvd. Stacy Looney Stacy is a licensed Oregon Principal Broker with over 21 years of in-depth sales, leasing, and management experience. By: Clifford A. . Long term interest rates, like the yield on 10-year Treasury bonds, fell below 1 percent at the start of. We are more than just brokers, we are. This affects real estate investors because if you buy or sell a property, you may need to prove that your drywells are registered. 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. Lease renewals accounted for 70% of office leasing activity in the US in 2020, a significant uptick from 2019 levels. Whether you are located in Portland, Beaverton, Lake Oswego, Vancouver, Hillsboro or Gresham we have the right. View Article. He looked ahead and planned his innovations, to be most efficient at utilizing the limited resources he had available. SVN Economic Update: February 10, 2023 January Jobs Report. In this presentation, Blake will present the latest updates on the City of Portland’s ordinance changes for Unreinforced Masonry (URM) buildings, including placarding and. Suite 300, Portland, Oregon will conduct a. Portland, Oregon, United States Senior Advisor Retail & Office Leasing. Visit and follow us on LinkedIn and Facebook!Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. Visit and follow us on LinkedIn and Facebook! Stacy Looney, Senior Advisor at SVN | Bluestone in Beaverton, OR has commercial real estate listings for sale or rent on showcase. The ordinance reads a landlord is liable to an applicant/tenant if they fail to comply with any requirement. Commercial real estate experts forecast increasing demand for modular construction in the healthcare, industrial, education and multifamily sectors. When it’s time to return to the office and reopen business there are multiple things to consider. 9%Executive Director, SVN | Bluestone and Hockley. In the end, the Buyer assumed the existing CMBS financing with the Seller paying all assumption costs and agreeing to a price reduction, but it added tension to the deal, and it involved attorneys to sort it out. 37. SVN | Bluestone & Hockley is an independently owned and operated SVN® office. That has attracted a lot of investors. 5% . Overview Portland Multi-Family 7,390 10,627 5. Mom and Dad typically gifted you a new bike with training wheels, so you could learn how to bike without crashing right away.