HFO Multifamily Marketwatch for Oregon and SW Washington

This week: Washington’s governor extends the state residential eviction moratorium to the end of 2020; the Urban Land Institute reports that trends for 2021 indicate a strong interest in industrial, single-family, and multifamily housing; CityLab reports the shift out of cities during the pandemic may be only temporary.

Rents drop in 41 of the nation’s 100 biggest cities; Portland’s Residential Infill Plan is praised by an affordable housing expert, and the national council of state housing agencies predicts $34 billion will be owed in back rent by January 2021.

This week: Oregon’s Governor extends residential eviction moratorium to the end of 2020; The Portland City Council dissolves the unreinforced masonry workgroup; Rent café reports that more old buildings than ever are being turned into apartments.

In this week's special edition, HFO Partner Greg Frick gives a mid-year update on the multifamily market for the greater Portland, Oregon metropolitan area. 

This week: Portland now requires landlords to pay relocation fees to any tenant receiving a rent increase before next March; across the country, rent collections are falling, and the CDC’s eviction moratorium is being interpreted by judges in different states in completely different ways.

This week: Portland Mayor Ted Wheeler announces plans to extend the city’s eviction moratorium and lower the threshold for mandatory relocation assistance payments. Atlanta and Chicago pause construction activity and the nation’s largest banks worry about outstanding commercial real estate loans.

This week: The CDC issued a national moratorium on evictions for renters who can prove substantial loss of income due to COVID. Seattle rents decline for the third month in a row, and Portland home values continue to rise despite widespread unemployment.

This week: A special report on the impact of Oregon's new Corporate Activity Tax on owners of multifamily investments in Oregon. Perkins & Co, CPA Trent Baeckl explains new details along with other important accounting news of interest to multifamily owners.