Blog Posts

City of Portland Considering Annual $60 Per Unit Fee on All Apartments Next Week

**IMPORTANT NOTICE** [Courtesty of Multifamily NW] On July 17th the Portland Housing Bureau unveiled a plan to assess a $60 per-unit annual fee to fund the city’s rental housing initiatives. It’s...

Pacific Northwest Tops List of Where Millennials Are Moving

Insurance company Haven Life recently released a ranking of the cities that have seen the highest increases in their millennial populations over the past five years. The Portland-Vancouver-Hillsboro...

Multifamily Marketwatch Podcast - July 22, 2019

This week: a new report finds the Portland metro area's recent addition in the housing supply has slowed rent growth; Oregon mobile home park residents face increased displacement risk; Washington...

NY Times Reports: New York Landlords Sue to Dismantle Rent Control

This week, landlords in New York City filed a lawsuit in federal court to dismantle the entire rent-regulation system, arguing that the laws are unconstitutional. Currently, nearly 1 million...

Newly Released: Portland's Final Screening and Security Deposit Ordinances

The City of Portland has released unaudited final versions of its ordinances on tenant screening and security deposits that will take effect on March 1, 2020. A schedule of the city's "Traveling help...

Sold! N Interstate 6-Plex

HFO is pleased to announce the sale of this 6-plex in North Portland. Tenants of this building live within walking distance of a New Seasons and the MAX light rail. The property was very well...

Yardi Matrix: Portland Year-Over-Year Rent Growth 1.2% in May

Yardi Matrix reports that Portland's rent growth has slowed in light of a high development cycle and dampening gains. Read more. HFO Investment Real Estate specializes in multifamily...

Sold! 5 Units in SE Portland

HFO is pleased to announce the sale of the SE Gladstone Apartments. HFO was hired to market the sale of this property and it went under contract very quickly. Interest was high for this asset and...

Recall: Universal Security Instruments Smoke & Fire Alarms

The US Consumer Product Safety Commission has recalled approximately 180,000 smoke and fire alarms that were sold by Universal Security Instruments between July 2015 and December 2016. People who...

Multifamily Marketwatch Podcast - July 15, 2019

This week: Home prices drop a bit in Seattle but are still up significantly in the past two years; The Portland City Council weighs gutting the power and influence of its neighborhood groups; Oregon...

Sold! 6 Units in Sellwood

HFO is pleased to announce the sale of this new 6-plex located in the desirable Sellwood neighborhood of SE Portland, Oregon. The property features high-end finishes and appliances, private decks and...

Sold! 20 Units in SE Portland

HFO is pleased to announce the sale of this 20-unit property in SE Portland. Interiors and exteriors of this asset were extensively renovated by the seller in 2016. The property was previously...

Oregon State Bar Landlord-Tenant Regulations Update

The Oregon State Bar held free landlord-tenant law update today. You can find the materials from the handout here.  HFO Investment Real Estate specializes in multifamily brokerage sales and...

State of Oregon Spends $400k More in Limited Resources on Public Market Idea

The State of Oregon has pitched in an additional $400,000 of extremely limited resources into an idea that Portland needs a touristy public market similar to Seattle's. The James Beared Public...

Sold! 12 Units in Beaverton, Oregon

HFO is pleased to announce the sale of this 12-unit townhome community in Beaverton. This property consists of 2-bedroom townhomes with private laundries, carport parking, and backyard patios. The...

Senate Votes to Eliminate Single Family Zoning in Oregon Cities

Republican state senators returned to the capitol on Saturday, and on Sunday night voted to pass HB 2001, which eliminates single family zoning in cities with populations above 25,000 across Oregon...

Multifamily Marketwatch - July 1, 2019

This week: Harvard's Joint Center for Housing Studies (JCHS) released its State of the Nation's Housing Report for 2019; companies in the Portland and Seattle Metro areas continue to announce...

Multifamily Marketwatch - June 25, 2019

This week: the Portland City Council approved Commissioner Eudaly's tenant screening and security deposit ordinances with a 3-1 vote; proposed changes to the US census could result in an undercount...

Sold! 36 Units in Beaverton, Oregon

HFO is pleased to announce the sale of this 36 unit property in Beaverton. The asset is walking distance to the WES commuter rail and Washington Square, Oregon's largest regional shopping mall. The...

City of Portland Announces Traveling Helpdesk for Landlords and Tenants

The Portland Housing Bureau Rental Services Office announced today it will begin a traveling helpdesk service on Saturdays throughout the summer. The plain is aimed at helping renters and landlords...