Why should you sign up for the Deal Room?

Simple:

1. Bid on off market deals.  You know…the ones where you hear that someone closed on a great deal and you say:  “Heck…I’d have bought that if I knew it was available at that price!”
2. The lowest proforma deal IRR currently is 20%.  Others are over 50%!
3. Currently deals are being loaded for:
   • Portland, OR
   • Phoenix, AZ
   • Dallas, TX

More cities and more deals are coming soon!

To be notified in advance of off market distressed properties becoming available, contact us to get your free pass to the Deal Room!

Rick M. Bean and Robert H. Poe

Rick@rosecitycre.com

503.577.1034

As with any investment there is an element of risk.  Purchaser is should perform a complete Due Diligence Inspection before closing any deal.  Best of luck to you!

FOCUS ON MULTIFAMILY: Mr. Mark Barry will be the featured speaker at the Portland CCIM’s monthly luncheon on January 6, 2010 at the MAC Club. His focus will be current local apartment trends and 2010 projections. With over 4,000 appraisals completed, he is widely held as the leading apartment appraisal specialist in the area; Mark’s opinions carry great weight in the commercial real estate community. TIME: 12:15 to 1:30 PM on Wednesday, January 7, 2008.

LOCATION: The Multnomah Athletic Club is located at 1849 SW Salmon St. At over 550,000 Sq. Ft., The MAC is the worlds largest indoor athletic club. Phone: 503.223.6251 Web: www.TheMac.com CCIM: There are fewer than 9,000 professionals worldwide that have earned the designation; many industry insiders refer to CCIM as the “Doctorate of Real Estate.” The CCIM Institute provides cutting edge training on a broad range of Real Estate Investment topics, as well as signifcant networking opportunities. The Portland Chapter meets at the MAC on the first Wednesday of each month. Brokers network and share “Haves and Wants” from 10:00 am to noon; top tier industry specialists speak at the luncheon, 12:15 to 1:30 PM.

CONTACT RICK BEAN: PH-503.577.1034; EM- rick@rosecitycre.com If you would like:

• A copy of Mr. Barry’s 2010 Apartment Trends Report.
• Information on joining the CCIM Institute.
• To list your multifamily property.
• To discuss commercial property tax liability reductions.

Taxes, Taxes, Taxes

The last couple of years have taken a toll on investment properties. With vacancy rates climbing and weakening Cap Rates, some properties have lost 30% or more of their value.  Regrettably, property taxes on commercial properties have not been adjusted to reflect this new value. As such, already strapped owners are paying an even higher percentage of their revenues to property taxes.

The rule I have always given my teams is don’t present me with a problem…unless you also have a solution.  Having identified a problem…here’s a great solution: Prime Property Tax Negotiation, LLC.  Prime PTN was formed to be an advocate for property owners that have been over-taxed. They will evaluate your taxes at no charge to you and fight for a lower assessment on your part.  There are no up-front fees.  Here’s the very best part: There’s no cost to you unless they are successful. 

Contesting assessments that overstate a property’s value is an extremely important component of wealth management.  I worked on a multifamily project in Phoenix, AZ that had an assessment that inflated the assessed value well over what it was really worth. By contesting the assessed value we reduced taxes and created over $150,000 in additional profits in one year.

How much will you benefit? To discuss potential savings call 503.336.6382 and ask for information about Prime Property Tax Negotiation, LLC.

Rose City Commercial Real Estate has a buyer who is looking to purchase a multifamily investment in Vancouver, WA. The ideal size would be from 30 to 60 units. While he will not be using 1031 Exchange funds…he’s happy to cooperate with a seller who does. A to C- quality rating of improvements in A to C locations.

We are fully prepared to assist you in identifying a property to exchange into.

Financing is already handled…we can support a quick close before the end of the year. Stop reading and start dialing 503.336.6382 now!