This is another great CoStar multifamily article by Mark Heschmeyer:  

The apartment market continues to rebound from the “Great Recession” according to the National Multi Housing Council’s (NMHC) latest Quarterly Survey of Apartment Market Conditions.  

Sales volume is up, debt and equity are more available and markets are tighter, according to respondents. For the first time since October 2005, all four survey indexes recorded better market conditions than three months ago. Indexes for both sales volume and equity financing registered all-time highs.  

Contact Rose City Commercial Real Estate today to bring the recovery to Portland:  503.577.1034 or rick@rosecitycre.com  

The biggest improvement came in market tightness, which jumped from 38 to 81.  

“There is clear improvement in apartment market conditions on all fronts,” said Mark Obrinsky, NMHC chief economist. “We saw a sharp increase in the market tightness index, which fits with the surprisingly strong (for a seasonally weak period) effective rent growth. And the all-time highs recorded by the sales volume and equity financing indexes offer even more reason for optimism.” (more…)

One of the things that distinguishes FATCO is the quality of it’s training…that’s exemplified here. 

Hats off to Mike Sampson and Pam Edwards, First American Title’s crack marketing group from the Portland Eastside Team.  They (and their counterparts from FATCO’s other area branches) are hosting a Certified Distressed Property Expert (CDPE) Mastermind Workshop Thursday, October 22nd.    In addition to examining the view from the Escrow Officer’s Desk, they have arranged for Roy Rogers, CPA to discuss the Seller’s Tax implications.   They are also providing introductions to Umpqua Bank’s Loss Mitigators who will be in attendance.  This is hard to beat: a high quality event you would gladly pay for…offered free by the good folks at First American.

Date: Thursday, October 22, 2009 from 9:30 – 11:30 am.

Location: FATCO; 222 SW Columbia, 4th Floor, Portland, OR 97201

Seating: Limited To 80.

RSVP: Linda@lindaeaton.com

To attend a great training, The Distressed Property Insider Report suggest you contact your FATCO marketing representative for prerequisites and details imediately!  For a great deal on a distressed property use that same urgency and contact us at rick@rosecitycre.com, or rpoe@rpoe.com.