The latest news of interest to multifamily owners of apartment buildings in Oregon and Washington. Build Your Legacy with HFO.
Friday, February 22, 2008
With Single Family Slowdown, Investors Turn to Apartments
Read Megan Patrick's article in the Vancouver Business Journal, highlighting investors seeking out apartments as a more secure investment strategy. The article includes information about HFO brokering $80 million in Vancouver sales recently. Read More.
Friday, February 8, 2008
$3 Million Multifamily 42-unit Complex Sold in SE Portland
Housing's Slide Allows for Apartment Market's Rise
The Portland Business Journal reports that apartment rents in the Portland, Oregon market are expected to continue increasing for several reasons:
- Apartment vacancies in the greater Portland area are at their lowest levels in 15 years
- Not as many people are buying homes, as a result of the lending crunch and also because Portland's homes are still relatively expensive
- There's been very little apartment construction in the metro area for some time
- Much available suburban land has been purchased for single family homes
- The gentrification of urban neighborhoods
Wednesday, February 6, 2008
NW Portland Multifamily Apartments Sold for $1.84 million
Monday, February 4, 2008
SW Portland Multifamily Investment Sells for $2.85 million

Crestwood Terrace sold for $2,850,000.
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