Blog Posts

Tenant Screening Ordinance Hearing Postponed to 5/29 at 6:00 pm. After Council Bickering Blows Up Budget Talks [video]

Tensions among Portland Mayor Ted Wheeler and other City Council members erupted on Wednesday at a public hearing on the City's proposed budget. Unable to take a final vote on the budget, the...

Sold! 28 Units in Gresham

The seller of this gated community was participating in an exchange. The asset offered a balanced unit mix of one- and two-unit apartments. The property's operations requried adjustments for costs...

Multnomah County Commissioners Support Eudaly's Tenant Screening & Security Deposit Ordinances

Four of Multnomah County's five commissioners sent a letter of support for Commissioner Eudaly's tenant screening and security deposit ordinances to the Portland City Council. The commissioners who...

Federal Judge Unimpressed With City of Portland's Argument Justifying Unreinforced Masonry Placards

Closing arguments on the City of Portland's ordinance requiring placards on unreinforced masonry building took place yesterday, and the judge appeared skeptical of the City's reasoning. Judge Acosta...

City's Proposed Screening Ordinance Remains Substantively Unchanged From Prior Iteration

A close analysis of the February and May draft renter screening ordinances by HFO researchers revealed a fairly large surprise: despite Mayor Ted Wheeler's claim to "push for significant changes" and...

Sold! 8 Units in Gresham

This 8-plex required adjustment for costs associated with capital improvements and owner management. With high demand for smaller plex properties, HFO worked with investors familiar with the outer...

Multifamily Marketwatch - May 20, 2019

Smart Growth advocacy group up for growth released a report criticizing Portland's inclusionary zoning policy, and the Mayor is requesting $150,000 for an independent review of the program; a US...

City Council to Hold Hearing on Revised Tenant Screening & Security Deposit Ordinances Thursday, May 23rd

The Portland City Council plans to hold a hearing on Commissioner Eudaly's newly revised tenant screening and security deposit ordinances at 3 PM on Thursday, May 23rd. Mayor Wheeler has been working...

Portland City Attorney Warns City Council about Legal Issues in Tenant Screening & Security Deposit Ordinances

According to the Portland Tribune, the Portland City Attorney's Office sent a legal memo to City Council outlining potential legal pitfalls for Commissioner Eudaly's proposed tenant screening and...

Washington State Enacts Graduated Real Estate Excise Tax

The Washington State legislature voted to enact a change in the real estate excise tax law on April 25th. As of May 16th, the bill is awaiting the governor’s signature but is expected to be signed...

Sold! 48 Units in NE Portland

This 48 unit property built in 2005 consists of units with private decks or patios overlooking green spaces between each building. The apartments include a full-size washer/dryer and gas fireplace...

Sold! 13 Units in NE Portland

This garden-court property consists of two-bedroom, one-story duplex units with private entrances. The apartments feature in-unit washer/dryer and off-street parking. Prior to sale, the property had...

Update: Landlords, Tenants, and Marijuana Law in Oregon and Washington

Attorney Charles Kovas provides a 2019 update on marijuana laws as they relate to multifamily owners and renters in Oregon and Washington. HFO Investment Real Estate specializes in multifamily...

Hearings Begin Tomorrow in Federal Court as URM Owners Seek Preliminary Injunction Against the City of Portland, OR

Two days of hearings on a preliminary injunction against the placarding of unreinforced masonry buildings in Portland begin in Federal Court tomorrow. In early April the City of Portland was found...

Multifamily Marketwatch - May 13, 2019

A Portland economist reports on the two major factors contributing to rampant homelessness in our region; Prosper Portland announces its design choice for the 14-acre US Post office site downtown,...

Jennifer Shuch on Greater Portland's Multifamily Housing Pipeline [video]

Jennifer Shuch, HFO's Research Analyst and host of the HFO weekly Multifamily Marketwatch podcast, discusses the methodology behind estimating the pipeline of multifamily units being delivered in the...

Meet J.R. Johnson's Co-President Clint Arp

HFO partner Greg Frick interviewed J.R. Johnson Co-President Clint Arp recently to learn more about the company and its work repairing and restoring multifamily buildings throughout the West. J.R...

Understanding Oregon's Rent Control Bill and Portland's Latest Landlord/Tenant Law Changes

Ball Janik Partners Adele Ridenour and Ciaran Connelly presented information on Oregon Senate Bill 608 (Rent Control) and updates on many new Portland ordinances affecting tenants and landlords...

New National Website Aggregates Information on the U.S. Housing Crisis

With more than half of American renter households paying more than 30% of their income on housing, the National Multifamily Housing Council is urging Federal, state and local governments to work...

Sold! 45 Units in East Portland, Oregon

This 1973 community is located along the MAX light rail in East Portland. The seller had completed extensive updates to the property exterior including new roofs, siding, and landscaping. Most units...