Rick M. Bean offers multifamily investment advice

The Coming Rental Housing Wave Protracted Economic Distress in Housing Sector has Created Legions of Renters in New Markets and New Age Groups By Mark Heschmeyer November 2, 2011 While widespread recovery continues to elude the housing sector, the apartment market has become one of the real estate industry’s — and the broader economy’s — best hopes for a return to the good... Read More »

Scott Phinney

W Scott Phinney and I, co-founders of Prime Property Tax Negotiation will be the featured speakers at the next Oregon/SW Washington CCIMLuncheon November 2nd, 2011 at the MAC from noon to 1:15 PM. Following the passage of Measure 5, Oregon State transferred its property tax appeals from the Dept. of Revenue to The Courts.  A whole new system had to be created including rules, laws, procedures... Read More »

From CoStar: Investor interest in U.S. multifamily properties continued at a healthy clip at the beginning of 2011, as investment sales dollar volume jumped 40% in the first quarter over the same period last year. More deals closed than in any quarter since mid-2005, according to CoStar Group data. Just under 4,000 multifamily sales transactions were recorded in the quarter at a total volume of $9.4... Read More »

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... Read More »

Another great article from The Wall Street Journal Are You Overlooking A Commercial Real-Estate Boom? If your definition of the category is limited to splashy office parks and shopping malls, both of which took a pounding during the financial crisis and haven’t fully recovered, then you probably are. But think a little smaller—like fast food-restaurants, convenience stores and gas stations—and... Read More »