Blog Posts

Homebuilders Worried about 20% Tariff on Canadian Lumber

The announcement Monday night of a new set of tariffs on Canadian softwood lumber imports has resulted in falling stock prices for large homebuilders in the U.S., and concern among industry experts...

Multifamily Marketwatch Podcast - April 25, 2017

This week: Oregon's jobless rate reaches historic low; Metro mulls process changes for expanding urban growth boundary; apartment projects in downtown Vancouver, Washington. Check out this...

UD+P Pays $200,000 in Relocation Fees to Renovate Fairmount Hotel

According to the Daily Journal of Commerce, Urban Development + Partners is the first company to pay relocation fees to tenants as a result of a new city ordinance aimed at discouraging no-cause...

Developer Tom Brenneke Discusses Roadblocks to New Housing in Portland

The Portland Tribune sat down with developer and landlord Tom Brenneke of Guardian Real Estate Services to discuss his resignation from the Portland Housing Advisory Committee, as well as his views...

How Portland's Design Review Process is Exacerbating the Housing Crisis [Exclusive HFO Content]

by Jennifer Shuch, HFO Research Analyst.  Half a block East of the 5-way intersection of SE Ankeny, Sandy, and 11th, an empty and unused plot of land could become something unique. The...

Multifamily Marketwatch Podcast - April 18, 2017

In this episode: the release of Multifamily Northwest's apartment report for greater Portland; a surge in the number of homes for sale in Portland, and the Portland Tribune weights in on pending rent...

Portland Tribune to Legislature: Fix House Bill While There's Still Time

The Portland Tribune editorial board opined this past week that after hosting a 90-minute discussion with renters and landlords it was clear that elected leaders need to get both sides to the table...

HFO Announces Philanthropic Contributions to Affordable Housing Nonprofits

At the close of each brokered apartment sale, HFO makes a contribution in honor of the client(s) represented to a charity of their choosing. In addition to the thousands of dollars distributed in...

Multifamily Marketwatch Podcast - April 11, 2017

In this episode: status of Oregon House Bill 2004-A allowing rent control, Portland's new committee oversight on affordable housing, and a new 220-unit apartment building slated for the South side of...

Important News for Owners of Unreinforced Masonry Buildings

As you may be aware, the City of Portland is planning to adopt mandatory seismic upgrades for unreinforced masonry (URM) buildings.   The final meeting of the URM Building Policy Committee is...

Seattle Creates 15-Member Renters' Commission

This spring, the Seattle City Council created a renters' commission that will begin meeting this summer to talk about pushing laws to cope with numerous things including soaring rents, displacement,...

Arguments Regarding Portland Relocation Ordinance Presented to Multnomah County Judge

Attorney John DiLorenzo argued on Thursday that Portland's new tenant protection rule is illegal under Oregon's ban on rent control, and that the rule violates a statute in Oregon's Constitution that...

Legislation Lifting Rent Control Ban, Eliminating No Cause Evictions Passes OR House

House Bill 2004 passed the Oregon House of Representatives 31-27 on Tuesday. The bill does not establish any specific rent control policies, but would allow local municipalities to enact rent...

Multifamily Marketwatch - April 4, 2017

In the headlines this week: Oregon House Bill 2004-A allowing rent control and ending no-cause evictions moves out of committee; Portland Mayor Ted Wheeler plans a new city department to license and...

Portland Metro Area Underbuilt by 27,000 Units Over Last 10 Years

The Willamette Week reported over the weekend that according to the Oregon Office of Economic Analysis, a lack of new housing construction has been a major contributor to rising housing costs in the...

Zumper Report Shows Rents Flattening in Portland

According to Zumper's April 2017 National Rent Report, Portland dropped to #19 from #17 on the list of most expensive cities for renters in the US. Rents for a one-bedroom apartment in Portland have...

House Bill to Lift Rent Control Ban & Require Relocation Fee Approved by Committee

The Oregon State House Human Services & Housing Committee voted 5-4 to approve a revised bill that lifts the statewide ban on rent control and imposes relocation fees for no cause evictions. Now...

Possible Changes Ahead for Housing Choice Landlord Guarantee Fund

According to an article in the Portland Mercury, the Housing Choice Landlord Guarantee Fund is running out of money, and state legislators and landlords alike are worrying about the consequences. The...

Multifamily NW Proposes Immediate Statewide Rental Assistance for up to 40,000 Families [Video]

Multifamily NW has proposed a renter assistance program that would eliminate the need to create massive government infrastructure to monitor and enforce rent controls at various cities and counties...

Multifamily Marketwatch - March 28, 2017 [Podcast]

In this episode, we discuss the latest news and stories of interest to owners of multifamily property and rentals in the Portland, Oregon and Vancouver, Washington metro area. HFO Investment Real...