On July 17, 2024 I attended a webinar hosted by First American Title about the commercial real estate (CRE) market in transition. Here are some important takeaways. In the overall economy, inflation peaked in the summer of...more
According to national broker and research firm CBRE, e-commerce businesses led the nation in leasing new industrial space in 2020. This is understandable given that we were all stuck at home during quarantine....more
As the two-year pandemic finally begins to fade into the background (at least for now), commercial real estate continues to adapt to market challenges, both old and new. Inflation is an old challenge that took quite an...more
In 2021, the Consumer Price Index jumped 7%, the largest yearly increase since 1982. The monthly increase in December 2021 was the largest in 40 years. Most economic experts believe that this inflationary period is a result...more
The long saga of the COVID-19 residential eviction moratorium in Oregon continues with the recent passage of Senate Bill 278, but there are indications that this may be the end of the road...more
Lately, each day has brought more signs that pandemic restrictions are being loosened and the opportunity for a “return to normal” is growing. But for commercial real estate landlords and tenants, will there be a new normal?...more
Starting March 8, small business owners in Oregon with 100 or fewer employees and who are behind on their rent can apply for a grant from Business Oregon, the state’s economic development agency. Grants are available for up...more
3/4/2021
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On November 19, 2020, the Oregon Housing and Community Services Department (OHCS) announced a $20 million fund called the Oregon Homeowner Stabilization Initiative (OHSI) to help homeowners who are behind on their mortgage...more
Like most other industries, the real estate business was turned upside-down in March when the COVID-19 outbreak got real. Now that five months have passed and life with COVID-19 appears to be the new normal, some real estate...more
On June 26, state lawmakers approved House Bill 4213 extending Governor Brown’s executive order temporarily prohibiting evictions of both residential and commercial tenants for non-payment of rent or other charges under a...more
The coronavirus (COVID-19) pandemic has brought a whirlwind of changes to how business is done in Oregon and across the country, and commercial real estate is no different. Enough time has passed, however, that a pattern of...more
Remote online notarization of documents, often called e-notarization, permits the execution of notarized documents via an audio-visual link between the signer and the notary. This eliminates the need for the signer and notary...more