IRS Notice 2020-23 provides that any 45-day or 180-day deadline that occurs between April 1 and July 15, is automatically extended to July 15, 2020.
Therefore, if an Exchanger’s 45-day identification period or 180-day exchange period falls between April 1, 2020 and July 15,2020, the Exchanger will have until July 15 to complete these actions.
The extensions are automatic, but not mandatory, and allow the Exchanger to conclude the exchange based on the original deadlines.
If you need any info about apartment sales in the Portland – METRO, we have sales data over the past 15 years +. Feel free to contact me – steve@smicre.com.
Free financial analysis of your property, eMail/call me for a SAMPLE report. It will be helpful if you’re making decisions about futures or operations and includes I&E comparison to neighboring properties along with recent sales and rent comparables.
Steve Morris | Principal Broker SMI Commercial Real Estate Phone: 503.970.4593 steve@smicre.com | www.smicre.com OR License # 200202054 | WA License # 24512
Highlights / Contents of the report include (for the 4 county METRO are) for sold apartments:
General Market Comments
New Construction Update
Sales by County
Sales by Neighborhood
Sales by Unit Count of project
Sales by Decade Built
Tabulation of Largest Sales by $/unit, $/SqFt. Gross $, County and 2012-2017 Largest sales.
If you’d like more information on:
– Free financial analysis of your property, eMail/call me for a SAMPLE report. It will be very helpful if you’re making decisions about futures or operations and includes I&E comparison to neighboring properties along with recent sales and rent comparables.
– Details/background on individual sales in the report or a breakdown by neighborhood
– Free copy of our 80-page book – Buying, Selling and Operating Apartments Using Financial Analysis
Steve Morris | Principal Broker SMI Commercial Real Estate Phone: 503.970.4593 steve@smicre.com | www.smicre.com OR License # 200202054 | WA License # 24512
If you need any info about apartment sales in the Portland – METRO, we have sales data over the past 15 years +. Feel free to contact me – steve@smicre.com.
Steve Morris | Principal Broker SMI Commercial Real Estate Phone: 503.970.4593 steve@smicre.com | www.smicre.com OR License # 200202054 | WA License # 24512
Gross $ Jan 20 YTD = $164M is a 124.2% INCREASE from Jan 19 YTD = $73M
$/unit Jan 20 YTD = $203K is a 11.0% INCREASE over Jan 19 YTD = $183K.
$/SqFt Jan 20 YTD = $218.28 is a 4.6% DECREASE over Jan 19 YTD = $228.84
* There was ONE large sale that accounted for 60% of total gross sales that did skew numbers.
We should have a 2014-2019 Portland Apartment Market History available by mid-March.
If you need any info about apartment sales in the Portland – METRO, we have sales data over the past 15 years +. Feel free to contact me – steve@smicre.com.
The 2013-2018 Portland Apartment Market History is available on the WEBsite at:
Free financial analysis of your property, eMail/call me for a SAMPLE report. It will be helpful if you’re making decisions about futures or operations and includes I&E comparison to neighboring properties along with recent sales and rent comparables.
Steve Morris | Principal Broker SMI Commercial Real Estate Phone: 503.970.4593 steve@smicre.com | www.smicre.com OR License # 200202054 | WA License # 24512
Gross $ Dec 19 YTD = $2281M is a 9.8% DECREASE from Dec 18 YTD = $2529M
$/unit Dec 19 YTD = $183K is a 3.3% DECREASE over Dec 18 YTD = $190K.
$/SqFt Dec 19 YTD = $207.92 is a 7.0% DECREASE over Dec 18 YTD = $223.46
We should have a 2014-2019 Portland Apartment Market History available by late-February.
If you need any info about apartment sales in the Portland – METRO, we have sales data over the past 15 years +. Feel free to contact me – steve@smicre.com.
The 2013-2018 Portland Apartment Market History is available on the WEBsite at:
Free financial analysis of your property, eMail/call me for a SAMPLE report. It will be helpful if you’re making decisions about futures or operations and includes I&E comparison to neighboring properties along with recent sales and rent comparables.
Steve Morris | Principal Broker SMI Commercial Real Estate Phone: 503.970.4593 steve@smicre.com | www.smicre.com OR License # 200202054 | WA License # 24512
Gross $ Nov 19 YTD = $2020M is a 10.0% DECREASE from Nov 18 YTD = $2245M
$/unit Nov 19 YTD = $184K is a 3.0% DECREASE over Nov 18 YTD = $190K.
$/SqFt Nov 19 YTD = $208.76 is a 7.8% DECREASE over Nov 18 YTD = $226.48
If you need any info about apartment sales in the Portland – METRO, we have sales data over the past 15 years +. Feel free to contact me – steve@smicre.com.
We should have a 2014-2019 Portland Apartment Market History available by late-February.
The 2013-2018 Portland Apartment Market History is available on the WEBsite at:
Free financial analysis of your property, eMail/call me for a SAMPLE report. It will be helpful if you’re making decisions about futures or operations and includes I&E comparison to neighboring properties along with recent sales and rent comparables.
Steve Morris | Principal Broker SMI Commercial Real Estate Phone: 503.970.4593 steve@smicre.com | www.smicre.com OR License # 200202054 | WA License # 24512
– Free financial analysis of your property, eMail/call me for a SAMPLE report. It will be helpful if you’re making decisions about futures or operations and includes I&E comparison to neighboring properties along with recent sales and rent comparables.
Steve Morris | Principal Broker SMI Commercial Real Estate Phone: 503.970.4593 steve@smicre.com | www.smicre.com OR License # 200202054 | WA License # 24512
– Free financial analysis of your property, eMail/call me for a SAMPLE report. It will be helpful if you’re making decisions about futures or operations and includes I&E comparison to neighboring properties along with recent sales and rent comparables.
Steve Morris | Principal Broker SMI Commercial Real Estate Phone: 503.970.4593 steve@smicre.com | www.smicre.com OR License # 200202054 | WA License # 24512
– Free financial analysis of your property, eMail/call me for a SAMPLE report. It will be helpful if you’re making decisions about futures or operations and includes I&E comparison to neighboring properties along with recent sales and rent comparables.
Steve Morris | Principal Broker SMI Commercial Real Estate Phone: 503.970.4593 steve@smicre.com | www.smicre.com OR License # 200202054 | WA License # 24512
Portland Apartment Sales
Buying, selling and operating apartments in Portland 