Tuesday, December 10, 2019

Seattle Councilmember Kshama Sawant proposes ban on residential evictions during winter

The Seattle Times reports that the councilmember's legislation would prohibit evictions from November 1 through March 31, regardless of the circumstances. She plans to bring her proposed city ordinance to the full council by the end of January, 2020. Read more. 

Olympia Landlords Say Proposed Renter Protections May Increase Rents

Landlords in Olympia and surrounding areas of Thurston County are complaining about the impacts of proposed changes to landlord/tenant laws by local governments. Read more.  

Monday, December 9, 2019

Multifamily Marketwatch Podcast - December 9, 2019

This week: Portland developers could be required to provide public space with room for tents under new design guidelines; a 13-year-old 100-unit apartment building owned by the City of Portland evacuated 22 tenants fearing potential roof collapse, and CNN’s Anderson Cooper recently visited the Emerald City for a special report on homelessness.

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Friday, December 6, 2019

PSC Narrowly Votes to Require Developers Build Space for Tents in New Design Guidelines

The Willamette Week reports that a narrow majority of Portland’s Planning and Sustainability Commission voted to approve a last-minute amendment to new design guidelines. The amendment changes language around outdoor space requirements for new developments – in addition to providing “opportunities to pause, sit and interact,” if the new guidelines are adopted developers will also be required to provide space where people can “rest and be welcome.” The change was proposed by Commissioner Oriana Magnera, who argued that there are people who need to rest on a “longer-term scale,” and that the benches provided by many developers outside of their buildings are not adequate for people who need or want to pitch a tent. The commission voted 5-4 to adopt the new language. The Commission plans to send its recommendations to the Design Commission December 17th – the Design Commission will then vote on a final set of recommendations that will be sent to the City Council. Read more.

Thursday, December 5, 2019

Multifamily Development Trends in Portland, Oregon with HFO Senior Broker Lee Fehrenbacher

HFO Senior Broker Lee Fehrenbacher talks with partner Greg Frick about current trends in apartment development and construction. Lee focuses on the sales of new multifamily assets along with development parcels.

Monday, December 2, 2019

Entire Floor of Tenants Forced to Relocate from City-Owned Apartment Building

Officials from the City of Portland instructed all 4th floor tenants at the Headwaters Apartment on SW 30th Avenue to vacate their units by Wednesday, the day before Thanksgiving, due to a deteriorating and leaky roof. Headwaters is an affordable housing complex built in 2007. The city has offered to pay for hotel rooms for residents until they are able to find housing - officials estimate that the residents will not be able to move back into their units for up to 11 months. While the KOIN 6 report on the evictions suggests that the city has offered to pay moving costs, the building is exempt from the city's relocation fee ordinance because it is certified low income housing. Read more.

Special Edition Marketwatch Podcast December 2, 2019

Portland, Oregon's robust 2019 economy and the forecast for 2020 is discussed in this podcast with local expert Christian Kaylor of the Oregon Employment Department. 

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