Blog Posts

Multifamily Tax Rates, Inclusionary Zoning, Opportunity Zones

Attorney Chris Robinson discusses the tax rates on newly completed multifamily properties in Gresham and Fairview. Recently adopted legislation allowing cities to adopt change property ratios which...

Apartment List: Millennial Renters Are Putting off Home Buying in the Near Term

A new study by Apartment List finds that while 90% of millennial renters would like to purchase a home, the majority are still struggling to afford a down payment. According to the study, 48% of...

Multifamily Marketwatch Podcast - December 10, 2018

This week: The Seattle Planning Commission has found that restrictive single family zoning is contributing to segregation and income inequality; the Portland Housing Bureau is re-evaluating spending...

Sold! 89 Units in Aloha, Oregon

HFO is pleased to announce the sale of the Susan Marie Apartments. Susan Marie (1978) is a low-density garden-court apartment community. Its strong location near Aloha high school and the diverse...

Landlords and Tenants Join Forces to Sue City Over Mandatory Rental Inspections

Landlords and tenants in Seattle have joined in a class action lawsuit against the city's ordinance requiring inspection of units. Tenants object to the inspections on invasion of privacy grounds,...

Sold! 172 Units in NE Portland, Oregon

HFO is pleased to announce the sale of the Binford Garden Townhomes. This unique, 1940s-vintage, low-density community is located near the Rose City Golf Course in SE Portland. The property offers...

The City of Portland's (draft) 2019 Legislative Agenda

The City of Portland released its draft 2019 legislative agenda on November 14th.  The Portland Mercury reported that only a single town hall meeting on the agenda was held -- on November...

Multifamily Marketwatch Podcast - December 3, 2018

Oregon's governor released her proposed $23.6 billion budget which includes $406 million for new affordable housing units, construction financing, and programs to help the homeless; Portland State...

Sold! 28 Units in Gresham, Oregon

Stark Street Station was the newest property in a large portfolio of assets. This gated community features a balanced unit mix of one- and two-bedroom apartments. Stark Street Station’s operations...

Tacoma City Council Passes New Rules for Landlords When Renovating Units

The City of Tacoma has passed a new ordinance requiring landlords to provide information and notices when conducting renovations. The ordinance requires: 20-day notice to vacate and relocation...

Sold! 25 Units in North Portland, Oregon

HFO is pleased to announce the sale of the Metropolitan North Apartments. This asset features an attractive unit mix with a strong north Portland location. Metropolitan North was extensively...

Portland Tribune: Lawsuit Threatened Against City of Portland Over Unreinforced Masonry Warning Signs

Portland attorney John DiLorenzo has sent the City of Portland a letter warning that a group of owners of unreinforced masonry buildings in Portland plans to sue the city over its recent adoption of...

Multifamily Marketwatch Special Edition - November 26, 2018

Angie Even of Save Portland Buildings offers a recap and update on the status of the City of Portland's regulations on unreinforced masonry buildings inside the city limits of Portland. Listen to...

Sold! 96 Units in Spokane Valley

HFO is pleased to announce the sale of The Blake in Spokane Valley. This newer construction asset was completed in two phases of 48-units each in 2014 and 2018. The property features an attractive...

Multifamily Marketwatch Podcast - November 19, 2018

This week: Oregon economists are predicting that the state's economic growth will start to slow over the next two years, but do not anticipate a recession; local transportation advocacy groups are...

Sold! 21 Units With Ground Floor Retail in Sellwood

HFO is pleased to announce the sale of Madison @ Sellwood. This mixed-use building was completed in 2014 and includes three fully-leased ground-floor retail spaces and 21 apartments. A unique feature...

Tribune Podcast: 147-Unit Broadstone Reveal Apartments in the Pearl Get Their Close-Up in Preparation for Opening

The Portland Business Tribune goes behind the scenes to discuss the final days in preparation for opening of the Broadstone Reveal apartments in the Pearl. The 147-unit property anticipates opening...

Multifamily Marketwatch Podcast - November 12, 2018

This week: historic midterm elections bring Democratic supermajorities to both chambers of the Oregon legislature and deepen the urban-rural divide in Washington; Portland, Tualatin, and Tigard are...

Update on the City of Portland's Unreinforced Masonry Placard Requirements & Status of Seismic Upgrades

Angie Even of Save Portland Buildings offers a recap and update on the status of the City of Portland's regulations on unreinforced masonry buildings in the city limits of Portland. HFO Investment...

OR Election Results: Supermajorities in the State Legislature, Hardesty on City Council

Democrats and Progressives won races across the state of Oregon, resulting in the re-election of Kate Brown, Democratic supermajorities in both chambers of the Oregon legislature, and the election of...