Oregon Building Performance Standard: What Apartment Owners Must Do Before 2028 | Oregon Department of Energy [8/27/26]
August 27, 2026
Gregory Frick

Oregon Building Performance Standard: What Apartment Owners Must Do Before 2028 | Oregon Department of Energy [8/27/26]

Oregon’s new Building Performance Standard covers about 20,000 existing buildings, including multifamily properties of 35,000 square feet or more, with parking garages excluded from the count. On this episode of HFO’s Multifamily Marketwatch, HFO Partner Greg Frick talks with Blake Shelide of the Oregon Department of Energy about what apartment owners should do before the first compliance deadlines arrive in mid-2028. Shelide explains the difference between tier one and tier two buildings (most multifamily falls in tier two and only needs to benchmark energy use), how the threshold applies building by building rather than across a whole site, and how to check coverage through the state’s Beam compliance software. He also covers how owners of buildings with five or more meters can request aggregated whole-building utility data, why civil penalties apply only to tier one buildings, and the incentive funding available for energy improvements.

About HFO

HFO Investment Real Estate is the largest multifamily-only brokerage in the Pacific Northwest, with 12 brokers focused exclusively on apartment investment sales in Oregon and Washington. Call (503) 241-5541

Back to Insights & Updates