This is “Rick’s Tips” with Rick Bean, Principle Broker at Rose City Commercial Real Estate, This episode we’ll learn why the Portland, Oregon multifamily commercial real estate market is a great investment right now. The reason why Portland multifamily is so hot, is that Portland is enjoying a great reputation for returns from investors not just locally, but nationally. There’s... Read More »

  WHAT IS AN ESTOPPEL CERTIFICATE? A real estate investor recently asked me what an Estoppel Certificate was and why he should know about them. The old Real Estate Adage is: “You earn when you buy…and get paid when you sell.” Due Diligence research is how you make sure you are getting what you are paying for, and an Estoppel Certificate is an important component of that research. When... Read More »

Off market properties can be a source of profits.

Off Market deals solve a lot of problems for Portland, OR multifamily investors. Many Rose City Commercial Real Estate (RCCRE) customers have confided that they would love to sell their current assets. Fear of not being able to find a second leg property for their 1031 Exchange keeps them from making a move.  RCCRE has a group that focuses resources solely on multifamily assets that are not publicly... Read More »

I am currently looking for 50 unit and up properties for a 1031 investor…but I’m also researching plexes and small apartments for a California investor that wants to move his equity to an environment that is more favorable.  There are huge REIT funds now that focus on single family residences and plexes…and they are doing quite well.  The fact that they are active in Portland says... Read More »

Barry Menashe-PDX Office Magnate HEART: Portland Office news…the driving rain and cold weather have been particularly hard on the Rose City’s homeless population this year.  The Menashe family made local and national headlines last week by donating vacant space in a downtown office building as a temporary shelter for the homeless.  Barry Menashe and his son Jordan announced that they... Read More »