"The number of projects under construction has slowed slightly over the past twelve months, but the pipeline of proposed units has increased. In Fall 2014 we were tracking 76 projects under construction with 8,200 units. Approximately 5,000 of these units were completed over the last twelve months. ... Read More »
2015 Apartment Report
"Demand for apartments continues to outpace supply, both in the Portland MSA, and outlying areas. The vast majority of our surveyed areas are experiencing vacancy factors of 3% or below, with rent rates continuing to escalate. With the strong job market, robust in migration, and the rate of ... Read More »
The Ultimate Dividend Paying Investment!
Buy Real Estate Investments with Your IRA If you have a retirement account with over $200,000 and are looking for cash flow, more stability, and a secure retirement portfolio you need to attend our upcoming free seminar. Tuesday, November 15, 2011 7:00-9:00pm Phoenix Inn, 850 Franklin Blvd, ... Read More »
Current Cap Rates For an 8-Unit Apartment Complex
At Pacwest Real Estate Investments I receive calls from clients all the time asking "What is the Cap Rate for an Apartment Complex". A cap rate is the ratio between the net operating income that a property will generate and the capital costs (purchase price). While cap rates vary from market to ... Read More »
Apartments Are Still the Darlings of the Market
While housing starts are struggling and sputtering, multi family is still the preferred properties to buy among Investors. Apartment demand continues to gain steam and strong demand is emerging. It's a great time to buy! ... Read More »
Commercial Multi-Family Interest Rates Still Hover Around 5%…
Steven Wiltshire of Marcus & Millichap Capital Corporation gave us this great information: July 8, 2010 Multi-Family Loan Programs > $3 Million Fixed Rate Agency Lenders Term LTV Interest Rates 5 Yr. 55 to 80% 4.35% to 4.80% 7 ... Read More »
Apartments Are Winners in the Near Future
This is an interesting article published by IREM that is quite consistent with my local and regional take on the market. Vacancy rates continue to rise in most commercial sectors and are not expected to level out in most markets until the end of this year or early 2011, according to the National ... Read More »
Clarifying “Like Kind” Exchanges
Recently, Bob was asked about like kind exchanges: "The more I think about it, it seems that " like kind " property is a very loose term. I guess the " character" of the property more important than it's use. I mean if you have a duplex and you exchange it for an apartment building then that is ... Read More »
Potiowsky’s View of the Oregon Economy
by Doug Marshall, CCIM Tom Potiowsky, the State of Oregon Economist, recently presented his most current status of the Oregon economy to the Oregon SW Washington CCIM chapter. His presentation titled, “Oregon Economy: Up the Long, Long, Long Road to Recovery” aptly summarized his findings. The ... Read More »
Mortgage delinquencies still climbing for hotels, retail, apartments in January
By Ryan Frank, The Oregonian February 12, 2010, 2:41PM From the Wall Street Journal (via Calculated Risk)The delinquency rate on CMBS conduit and fusion loans increased by more than 50 basis points in January,bringing the total rate to 5.42%. The total delinquent balance is now more than $36 ... Read More »