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Sold! 240 Units in Vancouver, WA

HFO is pleased to announce the sale of Aspenridge Apartments in Vancouver, WA. Congratulations to HFO broker Tyler Johnson and the rest of the HFO team! HFO Investment Real Estate specializes in multifamily brokerage sales and advisory services for commercial real estate investors and apartment owners throughout Oregon and Washington. Build your...

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RealPage Reports Nation's Lowest Quarterly Rental Vacancy Rate Since 2000

The National Multifamily Housing Council reported this week that the apartment market continues to experience record levels of demand. The demand, coupled with delayed construction timelines and limited supply, is resulting in historic levels of occupancy and rent growth. Vacancy Rate Measures Were Mixed RealPageā€™s national vacancy rate for...

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Wall Street Journal - Rising Interest Rates Concern Apartment-Building Owners, Renters

The Wall Street Journal reports rising interest rates and purchase prices are reducing return rates for apartment investors, due in part to the dramatic increase in purchases during the pandemic. "The annual volume of rental-apartment purchases almost doubled between 2019 and 2021, according to CBRE Group Inc. In the first quarter of 2022...

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Sold! 37 Units in Vancouver, WA

HFO is pleased to announce the sale of Anderson Estates at 538 NE Anderson St. in Vancouver, Washington. Congratulations to HFO brokers Greg Frick and Todd Tully and the rest of the HFO team! HFO Investment Real Estate specializes in multifamily brokerage sales and advisory services for commercial real estate investors and apartment owners...

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Portland to Increase Electric Car Charging Requirement for Multifamily Buildings

The Portland Bureau of Planning and Sustainability (BPS) has proposed an amendment to the Portland city code that would require new multi-unit residential buildings to provide electric car charging capacity for at least 50% of onsite parking spaces. This would be an increase from the currently required 20% threshold required for buildings over...

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November 30, 2021
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