Blog Posts

Multifamily Marketwatch Podcast - February 19, 2018

This week: the Portland Bureau of Planning and Sustainability released a 12-month study of Portland's Inclusionary Housing requirement, recommending that the city modify the policy; the Portland...

Portland Housing Bureau: IZ Program "Operating as Expected"

The Oregonian published a follow-up article to the 12-month review of Portland's Inclusionary Zoning policy, interviewing developers and city officials to find out why permitting activity has slowed...

Sold! Ventura Park - 20 Units in SE Portland

Ventura Park (1966) is a 20-unit property in outer SE Portland. HFO brokers had a pair of clients participating in 1031 like-kind exchanges, and the particulars of this property made the transaction...

Sold! 34 Vintage Units in Downtown Portland

This vintage property in downtown Portland was owned and operated by a student housing provider. The mechanical systems have been updated over the last 20 years. The challenge was finding a buyer who...

Multifamily Marketwatch Podcast - February 12, 2018

This week: Jobs are up in Oregon and employment gains are expected across all industries in 2018; more than 3,500 people responded to the City of Portland's call for comments on the Residential...

Bureau of Planning and Sustainability: Development Pipeline Represents Just 18-24 Months of Potential Activity

Tyler Bump, Senior Economic Planner at Portland's Bureau of Planning and Sustainability, issued a memo on Friday summarizing  a twelve-month review of Portland's Inclusionary Housing...

Surprised? Portland's Traffic Ranked Nation's 12th Worst

Surprise! Portland's traffic ranks 12th worst in the nation, according to a study by a data firm called Inrix. The company's most recent study found Portland drivers spend 50 hours in rush-hour crawl...

Portland Mayor Wheeler Supports Strengthening the City's Relocation Fee Ordinance

The Portland City Council plans to vote on whether to make the city's relocation fee ordinance permanent next month, and Commissioner Chloe Eudaly has been advocating for the removal of the exemption...

Portland's Renter Confidence Survey: A's for Recreation and Transit; Low Marks for Commute and Affordability

Probably no surprises in the annual Portland Renter Confidence Survey conducted by Apartmentlist. Those surveyed gave Portland a B-grade overall. Read more. HFO Investment Real Estate specializes in...

Multifamily Marketwatch Podcast - February 5, 2018

This week: Portland mayor Ted Wheeler will introduce incentives next month in an attempt to offset the stagnant response to Portland's year-old inclusionary zoning requirement; Oregon companies go on...

Mayor Wheeler Weighing Additional Incentives to Encourage Multifamily Development

Building permit applications have fallen off a cliff since inclusionary zoning requirements went into effect in February 2017. Now, the Portland Mercury reports that Mayor Ted Wheeler is planning to...

Renters Become Majority in Nearly 25% of Largest US Cities

Currently, renters have more market share than owners in nearly 25% of the largest cities in the United States. The trend has not yet been verified in Portland where the owner-occupied households...

Rent Control Benefits Offset by Costs

A working paper published in the National Bureau for Economic Research finds that while tenants who benefited from rent control policies in San Francisco between 1995 and 2012 gained about $2.9...

Parking Districts Ahead for N. Mississippi, N. Williams, NE Alberta, SE Hawthorne and SE Division?

The Oregonian/Oregonlive reports that after the city of Portland sought requests for testing new parking districts, at least eight neighborhood groups asked for approval of a new plan. The Boise...

Multifamily Marketwatch Podcast - Monday, January 29, 2018

This week: there's a controversy brewing over heights of new buildings in downtown Portland; a new report ranks Portland's rents as the 20th highest in the nation; and leaked White House...

Washington State Rent Control Public Hearing: Tues 1/30 @ 8 am - in Olympia

Notice from the Manufactured Housing Association of Washington: SB 6400, concerning local authority to address affordable housing needs through regulation of rent and associated charges, is scheduled...

Will Washington State end Ban on Rent Control?

HB 2583 has been referred to the House Judiciary Committee. This bill would repeal Washington's preemption against rent control, allowing local cities and counties to enact rent control on...

Portland Draft Multifamily Design Regulations Released - Comments Due 3/19/18

The City of Portland has released its discussion draft of proposed zoning code and map amendments for Portland's apartment zones. Comments are due March 19, 2018. Normal 0 false false ...

Multifamily Marketwatch Podcast - January 22, 2018

This week: in Washington State there’s a new legislative proposal to end the state ban on rent control; in Portland, the topic of just how tall new buildings should be; and if Seattle can build 1,400...

John W. Mitchell's Multifamily 2017 Retrospective and 2018 Economic Forecast

At HFO's January Investor Roundtable, John W. Mitchell provided a 2017 economic recap and a forecast for 2018. HFO Investment Real Estate specializes in multifamily brokerage sales and advisory...