The latest news of interest to multifamily owners of apartment buildings in Oregon and Washington.
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Sunday, March 29, 2015
Portland Business Journal: Guest Column - Why Portland Is Popping On the Radar of Global Insitutional Investors
"Should that matter to us? The answer is yes, because institutional investors are folks who do their homework. They make investment decisions driven by facts, not emotion. They obsessively analyze numerous indicators: employment rates, demographics, incomes, cost of living and taxes. And lately they seem to think the numbers in Portland make us a sound location to place their bets," according to Vanessa Sturgeon, president and CEO of TMT Development, and author of a recently published column in the Portland Business Journal. Read the entire column.