2% 7. SVN Bluestone, Principal Broker. Visit and follow us on LinkedIn and Facebook! Local Commercial Real Estate Advisors. Executive Director, SVN | Bluestone and Hockley. 1%, its highest mark since July of last year. By: Clifford A. 2% 7. 7% 9. SVN Bluestone Profile and History. John Brandhorst, Senior Advisor, Sperry Van Ness/Bluestone & Hockley. Read More News on SVN Bluestone & Hockley Stay Connected Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. That’s caused home prices and rents in further-out areas to skyrocket, while price and rents have dropped in the urban cores of major cities like New York and San Francisco. Economic indicator reports arrive regularly in a newsroom. This year’s Washington state legislative regular session ended as scheduled on April 25, 2021. We strive to build long-term relationships with our property owners and tenants. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. View Article. The Challenge of the sale was that the owner wanted a quick sale and but at the same time. Commercial real estate in the United States should remain a strong investment choice as the nation emerges from a pandemic-induced slump, and it can be a good hedge for investors worried that rising inflation could. Delivered Units 12 Mo. In Vancouver’s case they extended the time from 30 days’ notice to 45 days’ notice for an increase of 10% or more in a 12 month period. The presentation will discuss how to select the correct commercial lease clauses and ways to approach those lease clauses to add significant. 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. This leaves opportunities aplenty for a retail industry that has long dedicated itself to customer service. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. The company is headquartered in Beaverton, Oregon. Portland, Oregon, United States Senior Advisor Retail & Office Leasing. That is a piece of conventional wisdom that appears to transcend cultures. , 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 Cliff Hockley, President of Bluestone and Hockley Real Estate Services Executive Director, SVN | Bluestone and Hockley A review of the issues facing us in 2021. Open by appointment only. Posted on by SVN. While the office sector has clearly struggled through the pandemic, office-using employment recovery indicates future demand for physical workspaces. A collaborative network of over 2,000 Advisors in 200 + SVN offices throughout the country that work together to do more deals. CPI Inflation The Consumer Price Index (CPI) rose 6. S. Despite the broader rise in inflation expectations, they remain well. Bluestone has experienced portfolio managers, quality tenants, and long-term relationships with the highest rated vendors in the industry. Banks and other financial institutions. Visit and follow us on LinkedIn and Facebook!Overview Portland Multi-Family 7,390 10,627 5. Successfully operating your buildings is the goal for all. Connect Samantha Jordan Portland, OR. Core prices, which exclude food and energy rose 4. 4341 patrice. In 2011, the company partnered with SVN International to provide real estate sales brokerage services. . It’s possibleDear Clients, Colleagues and Friends, We are very lucky to have an abundance of small businesses throughout our community. Portland Metro. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. 3800. Despite a strong consumer economy, physical retailers closed more than 9,000 stores in 2019 – more. Most of you have heard about the Seven Deadly Sins that include; pride, envy, gluttony, lust, anger, greed and sloth. SBA Economic Injury Disaster Loan. 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. Overview Vancouver Multi-Family 1,436 1,592 4. The Buyer was in. 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. Penalties The following chart show the potential of a penalty for each type of infrac-tion based on the ordinance. 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. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. When optimized, they can increase cash flows, reduce tax liability, and uncover missed. SVN | Bluestone 153 followers 1w Report this post Report Report. For more information on the stimulus package, we welcome you to read the SVN Bluestone & Hockley blog. Landlord and Tenant Law. 7% 9. 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. As I am sure you have heard, the national unemployment numbers are dismal, with current rates (April 2020) estimated around 15%. com. View Article. Prior to passing the $2-trillion dollar stimulus package, the federal government had extended the tax filing requirements. 1% month-over-month and 5. 0% year-over-year through June, according to the latest numbers from the Bureau of Labor Statistics. This may be lower than the real number due to the challenges many newly unemployed. “Invented in 1950s Germany, the idea of creating a workspace free of dividing walls only took off in the U. During. 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. . 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. According to the latest data from the National Association of Home Builders (NAHB), homebuilding confidence is on the rise. View Article Landlords Should Keep in Mind When Their Properties Serve as Delivery Pick-Up Points –. As we showed up just on time, we found out many more people showed up than they. , Bain Capital, and Vornado Realty Trust took over the company in 2005, the buyers justified the $7. What is your geographic market and product specialty? My geographic market is the Portland MSA and my product specialty is office. SVN Bluestone is a company that operates in the Real Estate industry. We strive. 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. S. Wealth may pay, but it may not stay. From industrial markets continuing to sizzle to apartment rents remaining moderate, here are a few predictions for the new year. the SVN® brand, is one of the industry’s most recognized names based on the annual Lipsey Top Brand Survey. 0-5. The apartment complex which was originally listed as a. Stay Connected. All amenities are within walking distance. Mom and Dad typically gifted you a new bike with training wheels, so you could learn how to bike without crashing right away. Over 16 million initial claims for unemployment insurance were filed across the nation in the first three weeks of the crisis. Think there is a tenant’s market right now? Stay tuned. According. Where landlords once only needed to provide 20 days’ notice, they now must provide 60 days’ notice. Here is yet another Economic Update from the SVN Research department! CPI Inflation (1) The Consumer Price Index rose 3. 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. Visit and follow us on LinkedIn and Facebook! Sign Up. Expect Fewer Distressed Asset Opportunities Than in 2008. . It provided an opportunity for local commercial property owners/managers to connect with experts in commercial real estate. This affects real estate investors because if you buy or sell a property, you may need to prove that your drywells are registered. 47 extended the length of prior notice a landlord must give for no-cause evictions. Higher Mortgage Rates Begin to Cool the Pricey Housing Market. Suite 300, Portland, Oregon will conduct a class taught by our President and Executive Diretor Cliff Hockley, CCIM, CPM, MBA. 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. 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. Get more news from SVN Bluestone and Hockley! Stay Connected Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. Unfortunately for many properties during COVID, the NOI has been capitated due to the mandated residential eviction moratoria (City, State, Federal. All of us have been affected in one way or another. Portland, Oregon. Suite 300, Portland, Oregon will conduct a. 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. 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. 2%, gas up 40 basis points to 4. 503-577-7710 brian. 0%. 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. SVN Advisors also represent clients in auction services, corporate real estate,How to Prepare for the New Office Space Trends. It is the final article detailing many of the Oregon laws that were. ProSchools 15 years 9 months Enterprise Catalog Manager ProSchools Dec 2002 - Aug 2018 15 years 9 months. It’s been seven months since COVID-19 invaded our lives and consciousness. 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. Q&A with Albert M Lindeman, SVP, National Council Chair Office Properties & Jeffrey C. To date, millennials and baby. Cost segregation studies are a very effective way to shelter investment property. 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. Source: Kelsi Maree Borland with GlobeSt. . The Fed Raises Interest Rates For the first time since 2018, The Federal Reserve’s policy-setting committee raised interest rates as they pivot away from recovery-focused accommodations towards a more aggressive. The Ordinance created sweeping changes to Portland in. Our very low-income tenants are the most. 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 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. Submarket: Total Inventory (SF) Direct Vacancy Rate % Total Availability Rate % Total Leasing (SF) Total Sales Volume (SF) Northeast: 80,183,658: 3. Suite 300 Beaverton, OR 97005 Blog LinkedIn Facebook By: Cliff Hockley, CPM, CCIM, Principal Broker & Senior Advisor SVN Bluestone & Hockley and Bluestone & Hockley Real Estate Services Many real estate investors are transitioning from Multifamily investments to commercial and NNN. Wealth may pay, but it may not stay. Why are they doing this? Because they are tired of dealing with the day-to-day challenges of managing residential properties. 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. 459. 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. Introduction 2019 was an eventful year for the Oregon legislature. With average asking office rents across the country up nearly 20% over the past five years, many occupiers are seeking alternatives to leasing space. News & Information. That has attracted a lot of investors. Executive Director, SVN | Bluestone and Hockley. RECEIVERSHIP. The yield on a 10-year US Treasury Bill rose to 1. Park Regency is a well-kept property being sold to resolve a trust. 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. SVN Bluestone & Hockley Senior Advisors represented the buyers. The roads were clear, and it was 50 degrees out. Absorption Units Vacancy Rate 12 Mo. 49 likes. 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. SVN Economic Update: March 17, 2023 Inflation. Why are they doing this? Because they are tired of dealing with the day-to-day challenges of managing residential properties. We. Median home-price expectations for one year ahead climbed 30 basis points to 3. Cost segregation studies are a very effective way to generate savings when buying investment property. The expiration of the federal eviction moratorium over the weekend incited panicked headlines warning of an “evictions doomsday. Brian leads the Hotels Group at SVN | B&H, and specializes in the purchase and sale of hospitality properties in Oregon, Washington, California, and Idaho. Fuel Svn Belmont, Victoria, British Columbia. It is located in Milwaukie, a suburb of Portland near the terminus of the MAX line. SVN | Bluestone & Hockley is an independently owned and operated SVN® office. View Article. Karlin Conklin Managing Director Sperry Van Ness / Bluestone & Hockley (Portland, OR) Biography. 48 * 1440 = 10771. 3M 229K 4. 2% month-over-month. SVN | Bluestone & Hockley represented both the buyer and the seller in the transaction of Foxstar Apartments. If you are considering selling, you may be cashing your chips in a little too soon. SVN Bluestone is a company that operates in the Real Estate industry. There are real estate bubbles as demand and population increase and decrease. 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. Absorption Units Vacancy Rate 12 Mo. SVN Economic Update: January 13, 2023 CPI Inflation. 1% 12 Mo. 5 billion price, in part, because of the supposedly valuable properties that came with the deal. High-end, high-rise apartments in densely-developed urban areas were hurt badly by falling rents and occupancies in the pandemic. View ArticleThe SVN | Bluestone & Hockley corporate office at 9320 SW Barbur Blvd. After a four-year update process, the new 2035 Comprehensive Plan was adopted on June 15,. Most Investors just look at one thing, how big the check is at the end of the month. 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. 1% month-over-month, according to the latest numbers from. 5% year-over-year and just 0. 618 BUILDING | 618 NW GLISAN ST. 75% for nonprofits. 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. 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!By Cliff Hockley, President of Bluestone and Hockley Real Estate Services Executive Director, SVN | Bluestone and Hockley Inflation is up and is more persistent than expected. The ordinance reads a landlord is liable to an applicant/tenant if they fail to comply with any requirement. 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. . . Is your commercial real estate producing the Income it should? How will the national economy, the Fed, and Local Market trends. ABOUT COMMERCIAL AGENCY SVN - Bluestone (Beaverton, OR) We are local real estate brokers with expertise in industrial, retail, office and hospitality properties, and. 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®. BEAVERTON, OR 97005 Patrice Cook Advisor 503. The client wanted to buy a property in a market as the CAP rates were adjusting downwards. SVN Bluestone Senior Advisor, Stacy Looney, worked diligently for over two years to secure a 10-year lease at 9400 SW. 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. Brian Resendez serves as an Advisor with SVN | Bluestone & Hockley in Portland, Oregon. SVN Bluestone and Hockley Brokers (represented seller) Cliff Hockley: 503-459-4359 The Multnomah County Board of Commissioners unanimously voted Thursday to give renters 90 days of protection from eviction for non-payment of rent, now that the statewide eviction moratorium has come to an end. VANCOUVER AVAILABILITY. 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. 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. The program will require both business tenant and property owner participation. Suite 300, Portland, Oregon will host Brian Mares, LEED AP, and Peter Grim, AIA, of Scott |. A real estate market that is now officially on the map in the eyes of institutional and private capital. CANYON SQUARE SHOPPING CENTER 4130 SW 117TH AVE. 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. They should be considered by every real estate investor on every transaction. There were also limited records kept for the property. As one of. Absorption Units Vacancy Rate 12 Mo. 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. SVN Bluestone & Hockley Senior Advisors represented the buyers. 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. Eric Castle, Managing Director SVN Bluestone. There are 60 or so developments under construction valued at $10 million or more. Whether a clients’ charitable giving stems from a concern for those who are less fortunate, the desire to support a. 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. We are more than just brokers, we are experienced advisors. 5% 12 Mo. Suite 300, Portland, Oregon will host Brian Mares, LEED AP, and Peter Grim, AIA, of Scott | Edwards Architecture for a review of the proposed property zoning changes coming in 2018. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. Real estate investors need to improve their due diligence when they purchase properties and be attuned to the local environmental and climate conditions as they make the decision to purchase a property. Executive Director, SVN | Bluestone and Hockley. 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. 9% 4. Welcome to Bluestone Real Estate Services. (1) What is driving us toward an economic contraction? The primary factors driving us toward an economic contraction include the. In this article we summarize tax law changes that impact Commercial Real Estate investors as well as businesses. 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. 49 likes. 1. Finding a. 2%. Utilizing smart space solutions to create adaptable and flexible living spaces will serve as a necessary ingredient in preparing our. These loans carry an interest rate of 3. Cascade Cove Mobile Home Park is an 18 unit mobile home park. 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. Recessions generally occur when there is a widespread drop in spending. Other construction hotspots include North Interstate Avenue, the Pearl District and the Central Eastside. 2% 12 Mo. . View ArticleBy: Clifford A. Click HERE for more news on SVN Bluestone & Hockley! Stay Connected. 37. Connect Patti Moller Vice President, Business Development Officer, Wells Fargo Commercial Banking Group. Everyone expects a rocky ride for the US economy for the first half of 2021 as the vaccine is distributed and policymakers weigh steps to boost the economy. Lease renewals accounted for 70% of office leasing activity in the US in 2020, a significant uptick from 2019 levels. This 18 guestroom motel is located on . 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. We begin by listening to them. Maple Grove is a well-kept multifamily property that is being sold to resolve a trust. hockley@svn. 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. Now available in thin veneer to provide a more believable alternative to "fake" cultured. 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. It was a great building and we owned it for. 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. Commercial real estate experts forecast increasing demand for modular construction in the healthcare, industrial, education and multifamily sectors. 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. 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. Devin Getreu has been working as a Commercial Property Management Assistant at Bluestone & Hockley Real Estate Services for 13 years. Visit and follow us on LinkedIn and Facebook!SVN | Bluestone & Hockley 4915 SW Griffith Dr. By Cliff Hockley, President of Bluestone and Hockley Real Estate Services Executive Director, SVN | Bluestone and Hockley Appraisal Adjustments. The SVN | Bluestone & Hockley corporate office at 9320 SW Barbur Blvd. 2021 Portland Tax Changes. But Brian Stoffers, global president of debt and structured finance for Capital Markets at CBRE, doesn’t see lenders making irresponsible loans. This is the main concept I want to deliver in this article. The SVN | Bluestone & Hockley corporate office at 9320 SW Barbur Blvd. Core. The 2,500 SF single-story retail space is located at 1212-1218 NW Glisan. We make no guarantee, warranty or representation. 3%. When it’s time to return to the office and reopen business there are multiple things to consider. . To what degree will depend heavily on the property and the location. A collaborative network of over 2,000 Advisors in 200 + SVN offices throughout the country that work together to do more deals. 9% 4. 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 other For your property management needs, visit the Bluestone Real Estate Services website. 93. During listing process the team of Hunter, Funk and Morris proposed the highest asking price along with a unique marketing plan for the property. 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. Eighty percent of work is defined as “collaborative. Visit and follow us on LinkedIn and Facebook!SVN Economic Update: November 18, 2022. View Article Leased! 7,965 SF at the Ross Center in Happy Valley ong before the pandemic, multifamily developers throughout US cities were faced with a challenging environment; characterized by a scarcity of vacant land and compounded by restrictions on density and high construction costs. Jan 2016 - Present7 years 8 months. 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. SVN Economic Update: February 10, 2023 January Jobs Report. With over a. A part of the larger Central City 2035 plan, the SE Quadrant Plan sets policies. 8% 7. 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. After all, many luxury brands have offered semi-autonomous features for years – cruise control, lane assist, perfect parallel parking, etc. 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. With over 200 locations serving 500 markets, SVN provides sales, leasing, corporate services and property management services to clients across the globe. Economic Update for March 2023. Visit and follow us on LinkedIn and Facebook!Read more news at SVN Bluestone. ” Forty-three percent of respondents in a survey indicates that less than 5% of their worksite include enclosed offices. Today we are delving into the 2016 Top Retail Markets to Watch. SVN Research has published the latest Economic Update! AI and Commercial Real Estate (1) A recent article by MSCI Real Capital Analytics suggests that despite the growing concern about AI’s potential impact on commercial real estate, a balanced view should be taken that considers both the economic risks of AI and its potential positive impact. By Clifford Hockley, CPM, CCIM SVN Bluestone, Principal Broker Henry Ford, the father of Ford Motors, had a relentless focus. Office Leasing, as Companies Expand into New Markets. 4% Units paid so far; We are making good progress regarding our residential tenancies. SVN Bluestone, Principal Broker The world’s climate is changing and so are the methods adapted to adjust to the changes. The SVN | Bluestone & Hockley corporate office at 9320 SW Barbur Blvd. SVN | Bluestone is a real estate brokerage firm that offers asset, property management, investment, and commercial leasing services. Portland, OR. Of course, you have other impacts to consider such as taxes, crime, economy, and Covid pandemics. 137 likes · 1 talking about this · 32 were here. Our new brand more accurately represents the company’s. There was a title. We scrimped and saved and after three years we purchased a 6000 square foot building. The investor stated he would not buy it unless Kevin could find a tenant to occupy the space. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. the SVN® brand, is one of the industry’s most recognized names based on the annual Lipsey Top Brand Survey. I am a Hotel Broker with combined experience in hotel operations, commercial real estate investment, and mortgage lending services. Here in Oregon nearly 270,000 initial claims were received in those first three weeks. Stacy Looney Stacy is a licensed Oregon Principal Broker with over 21 years of in-depth sales, leasing, and management experience. By Clifford Hockley, CPM, CCIM SVN Bluestone, Principal Broker Henry Ford, the father of Ford Motors, had a relentless focus. Currently, median rents in Portland stand at $1,120 for a one-bedroom apartment and $1,330 for a two-bedroom. 1% during the first quarter of this year, slowing significantly from the Q4 2022 annualized rate of 2. 222. New Logo to Ring in the New Year. 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. Executive Director, SVN | Bluestone and Hockley A reflection on being a landlord in the Portland Metro area during 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. SVN Economic Update: March 2022 The Fed Raises Interest Rates. The hotel sold for $2,350,000 and will be converted to affordable housing. 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. Changes in Portland FAIR Access in Renting Ordinance. 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. . Portland will require all landlords to register their apartments by late 2020 – Oregonlive. The seller wanted a quick sale at the highest possible price. This year’s Washington state legislative regular session ended as scheduled on April 25, 2021. 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. If you are looking for predictions for 2019 for the commercial real estate market, you aren’t alone. Hockley, President Bluestone and Hockley Real Estate Services, Executive Director, SVN | Bluestone and Hockley As an. My specialty is in Investment Sales, but I also represent Landlords in strategic leasing of. For tax payments of up to $10 million, the IRS has also. In fact, in some areas, it has flourished. Bluestone and Hockley Real Estate Services SVN | Bluestone and Hockley. The fall of the Toys “R” Us chain, with more than 700 U. Signup for our email newsletter and stay connected with up-to-date market information, closings and new listings. 7% year-over-year and 0. 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. The Whiskey Inn is a hotel in Pendelton, Oregon that was recently purchased to be converted to affordable housing. By: Clifford A. Read more news at SVN Bluestone! Stay Connected. By Cliff Hockley, President of Bluestone and Hockley Real Estate Services Executive Director, SVN | Bluestone and Hockley. SVN | Bluestone and Hockley. Visit and follow us on LinkedIn and Facebook!Top 8 CRE Predictions for 2019. View Article. 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. After being vacant for quite some time, Stacy Looney with SVN Bluestone, negotiated the lease for 7,965 SF of retail. SVN | Bluestone Apr 2022 - Present 1 year 4 months. – SVN | Bluestone & Hockley, one of the nation’s premier net lease brokerage firms, has completed the sale of a 99,215. 4% month-over-month and 6. While the terms of the agreement were not disclosed in the announcement, local media outlets have reported that the property deal will be structured. SVN | Bluestone & Hockley 4915 SW Griffith Dr. . 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.