HFO Multifamily Marketwatch for Oregon and SW Washington

In this episode: Multifamily insurance is on the rise; some renters on the Oregon Health Plan are newly eligible for rent assistance; and the state's new Housing Accountability and Production Office is set to launch July 1.

Up for Growth's latest Housing Underproduction report is out, highlighting key trends and regional insights into the U.S. housing shortage. HFO's Michael Pierce summarizes the latest data.

In this episode of Multifamily Marketwatch Podcast, senior researcher and host Mike Pierce offers an update on some major infrastructure and job growth projects ahead in Portland and Oregon.

HFO's podcasts are sponsored by: Pacific Exteriors NW, apartment siding contractors specializing in multifamily, apartments, condos, residential, hotels, resorts, and commercial buildings, and Gantry Inc., the country's largest independent mortgage banking firm focused exclusively on commercial real estate.

About HFO Investment Real Estate HFO Investment Real Estate is a Pacific Northwest-based real estate brokerage specializing in the acquisition and disposition of multifamily assets on behalf of a wide range of clients, from individual owners to institutional and private equity firms. Learn more about HFO at HFORE.com.

In this episode of HFO Investment Real Estate's Multifamily Marketwatch Podcast, senior researcher and host Mike Pierce discusses the promising outlook for multifamily investors in Oregon and Washington for 2025 and 2026, covering projected economic growth, population trends, and the resilience of the multifamily market amid economic uncertainties. Listen now to learn about anticipated rent increases, the impact of declining housing permits, and proactive strategies for property owners.

HFO's podcasts are sponsored by: Pacific Exteriors NW, apartment siding contractors specializing in multifamily, apartments, condos, residential, hotels, resorts, and commercial buildings, and Gantry Inc., the country's largest independent mortgage banking firm focused exclusively on commercial real estate.

About HFO Investment Real Estate HFO Investment Real Estate is a Pacific Northwest-based real estate brokerage specializing in facilitating the acquisition and disposition of multifamily assets on behalf of a wide range of clients, from individual owners to institutional and private equity firms. Learn more about HFO and our exclusive multifamily listings at HFORE.com.

Enjoy the audio from our latest episode of HFO-TV, our web news program for multifamily investors. Check out the video from the episode on our website at HFORE.com/Videos.aspx or follow us on YouTube @HFOInvestmentRealEstate.

On this episode of HFO-TV, John Gillem, CoStar's Director of Market Analytics for Oregon and Idaho, joins HFO co-founder Greg Frick on HFO TV to discuss multifamily market trends in Portland and the Pacific Northwest. John and Greg delve into population growth, apartment demand, and the slowdown in new project pipelines. Check out the full video to hear why Greg and John agree the Portland apartment market is headed for an upswing in the second half of 2024.

HFO's publications are sponsored by: Pacific Exteriors NW, apartment siding contractors specializing in multifamily, apartments, condos, residential, hotels, resorts, and commercial buildings, and Gantry Inc., the country's largest independent mortgage banking firm focused exclusively on commercial real estate.

About HFO Investment Real Estate HFO Investment Real Estate is a Pacific Northwest-based real estate brokerage specializing in facilitating the acquisition and disposition of multifamily assets on behalf of a wide range of clients, from individual owners to institutional and private equity firms. Learn more about HFO and our exclusive multifamily listings at HFORE.com.

In this episode of HFO Investment Real Estate's Multifamily Marketwatch Podcast, senior researcher and host Mike Pierce discusses the rising demand for electric vehicle (EV) charging stations at multifamily properties, focusing on the proactive measures taken by Washington, Oregon, and particularly Portland, to integrate sustainability and ensure equitable access to EV infrastructure. Learn more about the importance of compliance with regulations, the benefits for property owners, and the willingness of renters to pay premiums for EV amenities.

HFO's podcasts are sponsored by: Pacific Exteriors NW, apartment siding contractors specializing in multifamily, apartments, condos, residential, hotels, resorts, and commercial buildings, and Gantry Inc., the country's largest independent mortgage banking firm focused exclusively on commercial real estate.

About HFO Investment Real Estate HFO Investment Real Estate is a Pacific Northwest-based real estate brokerage specializing in facilitating the acquisition and disposition of multifamily assets on behalf of a wide range of clients, from individual owners to institutional and private equity firms. Learn more about HFO and our exclusive multifamily listings at HFORE.com.

In this episode of HFO Investment Real Estate's Multifamily Marketwatch Podcast, senior researcher and host Mike Pierce shares the latest headlines impacting multifamily investors and developers, including the notable decline in multifamily housing starts and permit applications both nationally and in Oregon and Washington, and the key factors driving the trend, including high interest rates, shortages of materials and labor, and regulatory challenges.

HFO's podcasts are sponsored by: Pacific Exteriors NW, apartment siding contractors specializing in multifamily, apartments, condos, residential, hotels, resorts, and commercial buildings, and Gantry Inc., the country's largest independent mortgage banking firm focused exclusively on commercial real estate.

About HFO Investment Real Estate HFO Investment Real Estate is a Pacific Northwest-based real estate brokerage specializing in facilitating the acquisition and disposition of multifamily assets on behalf of a wide range of clients, from individual owners to institutional and private equity firms. Learn more about HFO and our exclusive multifamily listings at HFORE.com.

In this episode of the HFO Multifamily Marketwatch, HFO Investment Real Estate's Senior Research Analyst Mike Pierce analyzes Portland's rental market, discussing the slowdown in construction, the shift towards luxury inventory, and the resurgence of concessions. Delve into the pandemic's impact on renter preferences, Oregon's rent increase cap, and the structural shift in the market, as well as Portland's forecasted growth in employment, housing demand, and construction.

HFO's podcasts are sponsored by: Pacific Exteriors NW, apartment siding contractors specializing in multifamily, apartments, condos, residential, hotels, resorts, and commercial buildings, and Gantry Inc., the country's largest independent mortgage banking firm focused exclusively on commercial real estate.

In this episode of the HFO Multifamily Marketwatch, HFO Investment Real Estate's Senior Research Analyst Mike Pierce discusses the housing shortage in Oregon and the potential of office-to-apartment conversions as a solution. Mike delves into the impact of the COVID-19 pandemic on the commercial real estate market, with a significant increase in remote work leading to a high rate of office vacancies, and specific efforts in Portland to support office-to-rental conversions.

HFO's podcasts are sponsored J.R. Johnson, specialists in multifamily restoration and repair, and by Gantry Inc., the country's largest independent mortgage banking firm focused exclusively on commercial real estate.