
Turn Hotels into Affordable Housing?
The real estate market has two major issues: a shortage of affordable housing for renters, and vacant hotels and office buildings due to the pandemic. Is adaptive reuse the solution? Read more in Marketwatch.
In Oregon last month, the House of Representatives approved a bill that would allow the purchase of hotels and motels for housing and shelters. HB3261 will have a public hearing on Tuesday, April 13th at 1 pm and is set for a committee work session at 1 pm on Thursday, April 15th in the Senate Committee on Housing and Development. Read more.
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 legacy at http://www.hfore.com