Friday, May 23, 2008

Major Shift on Portland's South Waterfront

A Major Condo Development on the Portland South Waterfront Converts to Apartments. Read More.

Thursday, May 15, 2008

Subprime Meltdown reduces Condiut and Capital Markets

Fannie Mae Delegated Underwriting and Servicing (DUS) lenders have become a sound alternative to conduit loans for apartment owners seeking capital during this ongoing tumultuous financial period brought on by the subprime mortgage debacle.

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Tuesday, May 13, 2008

DC Think Tank Predicts Portland Rents Will Increase

The Daily Journal of Commerce reported May 13, 2008 that apartment rents in Portland are expected to increase as housing prices fall. Read More.

Wednesday, May 7, 2008

Peyton Plaza SE Portland Sells for $1.22 Million

Hagerman Frick O'Brien (HFO), is pleased to announce the sale of the 22-unit Peyton Plaza Apartments in SE Portland, Oregon for $1.22 million or $55,455 per unit. Built in 1966, Peyton Plaza offers (7) 1-bedroom 1-bath units and (15) 2-bed 1-bath units. The community offers quiet surroundings with mature landscaping, and recent upgrades.