Portland, OR

Micro-unit dwellings and co-living space represent a big part of the future for the multifamily industry, especially in urban markets where there is a significant live-work-play appeal but yet people are being priced out.

Senate Bill 608, a measure that caps how much landlords can raise rents and stipulates how they may evict tenants, is expected to be signed into law, making Oregon the first US state to cap rents.

Majestic Realty Co. continues to expand its footprint in the Portland region including speculative developments, build-to-suit opportunities, lease ups and new land acquisitions.

The partnership of Bridge Development Partners LLC announced its first acquisition in the Portland market, with the purchase of a 35-acre land parcel located at 775 NE Columbia Blvd.

Many smaller regional banks, which previously provided short-term debt, were forced to close or were absorbed following the 2008 financial crisis, and Broadmark is satisfying an unmet need for short-term financing.

100 Columbia is to be a 348-unit class A high-rise multifamily community in the CBD due for completion in 2020, when it will include studio, one- and two-bedroom luxury units averaging 817 square feet.

Class-A lease rates in the desirable micro-market have outperformed the rest of the I-5 Corridor submarket every quarter since 2014, prompting Meriwether to purchase Tigard Corporate Center.

Bendetti took note of the appeal of creative office space and the demand for that type of work environment and saw an opportunity to use some of those elements in its industrial properties.