Buying, selling and operating apartments in Portland

Portland Apartment Sales – May 2016 | 30 June 2016

To download the individual sales report, right-click the link below and “Save As”:

<<<Portland_May16vsMay15_AptSales>>>

Highlights:

  • CapRates reported are still in the mid-high 5% compared to 2015 in the high 5% range. 
  • $/unit May 16 YTD is a 12.7% increase over May 15 YTD.
  • $/SqFt May 16 YTD  is a 9.9% increase over May 15 YTD.
  • May 2016 YTD sales = $893M vs. May 2015 YTD sales of $635M

28 July Seminar – We are sponsoring a free seminar in Lake Oswego, OR from 500PM to 630PM on Thursday, 28 July.  We are limited to 20 people, so if interested let me know soon.  Here are the topics:

Section 1  (1/2 hour) – Apartment math
–       Measuring your apartment’s performance
–       How do you know if you’re doing better?
–       What buyers look for
–       How do I improve my NOI and/or price?
Section 2 (1/2 hour) – Selling your apartment
–       Making your property look its best
–       How are properties marketed for sale
–       Things to look for in an offer
–       Once accepted what are timeline / milestone items to close
–       What’s in a normal Purchase and Sales / Earnest Money Agreement
Section 3 (1/2 hour) – Delaware Statutory Trusts
–       How do sellers defer taxes
–       Overview of 1031
–       DST structure and financial returns
–       Choosing the best DST for you

If you’d like more information on:

– Details/background on individual sales in the report or a breakdown by neighborhood

– A Free copy of our 80-page book – Buying, Selling and Operating Apartments Using Financial Analysis

Please contact me:

Steve Morris | Senior Advisor
Sperry Van Ness | Bluestone & Hockley
9320 SW Barbur Blvd, Suite 300
Portland, OR 97219
Phone: 503.970-4593 | Fax: 503.222.6459
steve.morris@svn.com | www.svnbluestone.com
OR License # 200202054 | WA License # 24512

All Sperry Van Ness®Offices Independently Owned and Operated

For the Oregon Real Estate Agency Pamphlet click here.
For the Washington Real Estate Agency Pamphlet click here. 

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