Friday, March 20, 2009

Oregon Still Among Top Cities For Population Growth

Salem, Portland and Bend are cities in the State of Oregon among the fastest growing in the U.S. This is good news for apartment owners as it becomes more difficult for individuals to purchase single family homes. The deciding factor for movers seems to be shifting from the liklihood of finding jobs to affordability and livability. Job creation seems to have slowed slightly due to the state of the economy but the fact that in-migration still remains high speaks volumes about Oregon cities and their growing popuarity. Population growth in the these cities, along with high construction costs (cutting the number of new apartment units coming on line) will keep the rental market tight and should prevent any long term negative effects on property income.



Link to Articles:

Metro: Population May Double by 2060

http://portland.bizjournals.com/portland/stories/2009/03/16/daily39.html?ana=e_du_pub



Oregon Cities Among Fastest Growing in Nation
http://portland.bizjournals.com/portland/stories/2009/03/16/daily42.html?ana=e_du_pub

Monday, March 16, 2009

Energy Trust of Oregon to Host 4 Multifamily Seminars in Portland Area

Energy Trust’s Building Value in Multifamily Investments seminar series connects you to industry leaders, and links the latest trends in energy efficiency to smart property investments—a winning combination that gives multifamily properties a competitive edge in the marketplace. Join Energy Trust for their introductory seminar on Tuesday, April 21st from 8-10 am, when Umpqua Bank’s Dan Weldon will discuss new financing opportunities through GreenStreet Lending.

When: Tuesday April 21st
Time: 8:00-10:00 AM
Where: Umpqua Bank's Innovation Lab 3606 SW Bond Avenue

For more information, please call Meredith Rizzari at 503.523.4822 or register at http://www.energytrust.org/TA/training/reg/Member/eventregister.php?Event_Id=24