Blog Posts

HFO Named Among Area's Most Generous Corporate Philanthropists

Tien Nguyen, Nick Quandt and Rachel Reuter For the third time in the company’s 20-year history, and the second year in a row, HFO is slated to be recognized by the Portland Business Journal among the...

Multifamily Marketwatch Podcast - September 16, 2019

This week: Oregon’s Congressional representative Earl Blumenauer issues a call for federal action to address the housing crisis; CityLab reports that housing construction in all major US metros...

California Passes Statewide Rent Control

Yesterday, the California legislature approved a statewide rent cap limiting annual rent increases to 5 percent after inflation. Read more. The President of the National Multifamily Housing Council,...

The Apartment Industry and Residents Contribute $3.4 Trillion to the National Economy

 A new study commissioned by the National Apartment Association (NAA) and the National Multifamily Housing Council (NMHC) offers a detailed look at the economic contribution to the national...

Despite Evidence That It Improves Returns, Commercial Real Estate Industry Lags on Diversity and Inclusion

ULI reports in its current issue of Urban Land Magazine that the Commercial Real Estate industry has fallen behind on diversity and inclusion. Despite evidence including a 2015 McKinsey report...

Multifamily Marketwatch Podcast - September 9, 2019

This week: King County Washington plans to divert nearly $100 million to affordable housing over the next 20 years without raising taxes; Sacramento, California passes a rent control measure; and...

Multifamily Marketwatch - September 3, 2019

This week: a survey of Portland residents find that 61% do not feel like they have a say in city decisions that are important to them; a new law in Washington could allow King County to divert nearly...

Rent Increases in Portland Metro Are Beginning to Pick Up Again

As a large amount of units came online in 2017 and 2018, rent growth in the Portland Metro Area began to flatten. But RealPage reports that Portland area rents are up 3% since last year. While rent...

Can a Landlord say "No Guns" in a Rental Lease?

The answer to the question of whether a landlord can prevent guns from being kept in an apartment is considered by author John Triplett in this article from the Rental Housing Journal. Read...

Seattle's Multifamily Market Boom Continues

Ongoing delivery of new units is not slowing demand for apartments and their steady absorption, according to a new report. Read more. HFO Investment Real Estate specializes in multifamily brokerage...

RentCafe: Rents Increases in Oregon Outpace National Average in July

According to RentCafe, month-over-month rent growth in Oregon cities largely outpaced growth nationwide in July. While Wilsonville saw the highest rent growth in Oregon at 1.7%, nationally average...

Multifamily Marketwatch Podcast - August 26, 2019

This week: while more than 70 percent of economists think a recession will begin in the next two years, its predicted to have less impact on housing; insurers are dropping customers in areas of the...

Multifamily Marketwatch - August 19, 2019

This week: Representatives of landlord and tenant groups question the Portland Rental Services Office's use of funds generated by the new rental services fee to pay OneApp Oregon for renter data;...

Funding of OneApp Oregon through Rental Services Fee Receives Criticism from Landlord and Tenant Groups

Since the city approved an annual $60 per unit fee on rental housing in Portland last week, critics have come forward questioning a line item in the Rental Services Office budget that funnels...

Multifamily Marketwatch Podcast - August 12, 2019

This week: The Portland City Council approved an annual $60 per unit fee on rental housing; Oregon Secretary of State Bev Clarno released a report on end-of-budget-cycle spending among state...

Minneapolis Rejects Single Family Zoning, But Is It Enough to Improve Affordability?

Bloomberg Businessweek reported last week on the adoption of the Minneapolis 2040 plan, which ended single family zoning in the city. While single family buildings are still permitted, now duplexes...

Portland City Council Approves $60 Per Unit Annual Fee for Rental Housing

The Portland City Council voted this morning to approve a $60 per unit annual fee for rental housing, which will provide funding for the Rental Services Office. Commissioner Fritz was the only...

Multifamily Marketwatch Special Edition: Greater Portland, Inc.

HFO Partner Greg Frick discusses the challenges of recruiting businesses to Portland in the current environment with Larry Holt, Vice President for Greater Portland, Inc. Greater Portland Inc...

Developer Switches Lloyd Condo Development to Market Rate Rentals

The Oregonian reports that mere weeks before the slated opening of a 162-unit seven-story condo building in the Lloyd District, its developer has flipped it to market-rate apartments as the result of...

Despite Ongoing Construction, Seattle and Portland's Rental Vacancy Rates Remain Among Nation's Lowest

Greater Seattle has the nation's 6th lowest rental vacancy rate while Portland ranks 11th. The U.S. Census Bureau reports that second-quarter 2019 rental vacancy rate for the Portland/ Vancouver/...