Rick M. Bean

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Website: http://rosecitycre.com

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Rick's Picks Recommended Reading

From one of the nation’s lowest vacancy rate to spiraling rents, the Portland multifamily real estate scene is in a frenzy. We’ll help keep you up-to-date on all the trends and latest information: here our multifamily experts have put together a quick read of four articles. With the Portland multifamily market as hot as it is, the rising prices and scarce availability has given rise to more than a few “urban legends” about the reasons. This fact-filled, but still humorous, article debunks 5 of them. “Few trends boil the blood of Portlanders like developers ripping... Read More »

Rick's Picks Recommended Reading

If you’re interested in the latest commercial real estate investment trends, you’ve come to the right place. From the latest commercial market report to investments in “micro” apartments, it’s all here. PSU Releases Quarterly Commercial Real Estate Report One of the rosiest commercial real estate investment trends is the popularity of rentals and the outlook for that to continue. “The report [says] that high demand for rentals is expected to persist over the next several years.” HFO Investment Real Estate- PSU Releases Quarterly Commercial Real Estate... Read More »

I am pleased to re-publish this article with the permission of Robert Poe, Principal Broker.  He is also a CCIM, MBA, CFP and is a Managing Partner for investment firm KerNors.   It’s great to have an additional persective…and few topics are as popular as Capitalization Rate (Cap Rate) basics. Cap Rates & Why They Matter The capitalization rate is a measure of rate of return that relates net income to the value of the property. If the cap rate is correct for the market environment, it will attract investors to the property. The overall capitalization... Read More »

Jerry owns a thriving plumbing business that almost exclusively does commercial work .  His company is well established, his crews are trained.  At 50 Jerry is a dynamo who has so much energy that he fixes up houses after work.  He’s up to 8 rentals now.  They aren’t exactly next door to each other as he’s bought good deals where he could find them.  Jerry takes care of the Ts (Tenants, trash and turnover) after work. He could benefit from looking at investing in Portland multifamily as there are several challenges in his current investment plan: Efficiency: ... Read More »

We want, expect, maybe even demand good…but excellence in multifamily property management deserves special attention, doesn’t it?  It is the policy of Rose City Commercial Real Estate to celebrate excellence.  I have worked with a number of fantastic property management firms in my career.   Today I want to salute one of them. I like to see an organization do something just because its the right thing to do for their clients…not just trying to improve their operational metrics.  Princeton Property No one associated with this blog is a stakeholder, nor have they... Read More »