Mon, 2013-05-20 We are pleased to present the Burlingame Apartments: a 9-unit apartment building on a large, developable lot in SW Portland, Oregon. Fri, 2013-05-17 Continued pent-up demand combined with lender restraint and the amount of zoned land available on which an apartment can be built are continuing to ensure that the multifamily product will be in demand. Wed, 2013-05-15 As in the fourth quarter of 2012, multifamily and hotel both performed strongly and will continue to do so over the next year, albeit at a more modest pace. Mon, 2013-05-13 We are pleased to announce that for the second year in a row, Joseph Bernard Investment Real Estate is named a Fastest Growing Private Company in Oregon. Mon, 2013-05-13 Portland’s apartment market remains one of the best in the country for annual rent growth and occupancy. And neither the moderately large volume of new supply nor the spike in single-family home sales notably weakened Portland’s apartment market fundamentals. Thu, 2013-05-09 Millennials, a key cohort of the rental market, see value in green apartments and sustainability-focused companies, and green-certified buildings can help attract this key demographic. Tue, 2013-05-07'Apartments. We Live Here.' is about connecting policymakers all across the country not only with the dollars and jobs associated with multifamily construction and operations, but with the millions who call an apartment home Mon, 2013-05-06 Privatizing the profitable multifamily business of Fannie Mae and Freddie Mac would do little to repay taxpayers for their government bailouts of the firms, according to new reports published last week. Fri, 2013-05-03 We are pleased to announce the sale of the Crestwood Court Apartments, a 63-unit community located in SW Portland, Oregon. Wed, 2013-05-01 The Census Bureau numbers show Portland-Vancouver-Beaverton's rental vacancy rate at 3.3 percent, tied with Grand Rapids, Mich. for tightest rental market among the nation's 75 largest metro areas. Mon, 2013-04-29Willet’s leading markets include Portland, a strong candidate for the nation’s best near-term revenue growth as it benefits from strong job creation and limited construction. Fri, 2013-04-26 Tax reform must be comprehensive and take special care not to harm the thousands of businesses involved in multifamily real estate nor the 35 million Americans who call an apartment home. Thu, 2013-04-25 The multifamily sector continues to display strong absorption...Demand is increasingly fueled by increased household formations, and nationwide vacancies are low or are still falling in every metro. Tue, 2013-04-23 The apartment industry is operating on cruise control, as the expansion continues unabated. Mon, 2013-04-22 We are pleased to present our new exclusive listing for the Cannon Court Apartments, a 32 unit community in Salem, Oregon. Fri, 2013-04-19 Approximately four times as many metro areas experienced declines in rental vacancy rates as those that experienced increases , and nearly a quarter of the nation's metro areas saw a rise in renting households. Thu, 2013-04-18 By investing some time, owners potentially have a number of options on reducing their apartment utility costs. Mon, 2013-04-15Apartments have undoubtedly emerged as the biggest commercial real estate submarket, attracting the largest volume of investment dollars in 2012, and are expected to lead the nation in terms of ROI at 10% this year. Thu, 2013-04-11 We are pleased to announce the sale of the Kelly Grey Apartments in Portland, Oregon. Tue, 2013-04-09 Portland's rental prices just keep climbing - it's a matter of high demand and short supply. Mon, 2013-04-08Reis's look at the preliminary data for the office, retail and multifamily sectors in the first quarter of 2013 shows fundamentals continuing to improve. Thu, 2013-04-04The appeal of renting versus owning a home is changing across the country, according to a new study commissioned by the MacArthur Foundation. Wed, 2013-04-03National apartment research firm Reis predicts a steady vacancy rate and consistent rent growth for the remainder of 2013. Fri, 2013-03-29Profound changes in the housing market have reversed decades of increases in homeownership rates and pushed upward the number of people needing or wanting to rent. Thu, 2013-03-28A suite of proposals in the Oregon Senate could let landlords require tenants to purchase rental insurance while restricting the criminal history the landlords can consider in vetting prospective tenants. Wed, 2013-03-27 We are pleased to present our new exclusive listing for the Lyon Street Apartments, a ten unit property located in Albany, Oregon. Tue, 2013-03-26 We are pleased to present our new listing for a 6-acre development site on Union Road, located near Salmon Creek in Ridgefield, WA. Mon, 2013-03-25 Joseph Chaplik is a routine guest speaker on the Business Briefing show with Brian Bushlach, Sunday afternoons on 101.1FM KXL. Topics discussed include the current apartment market, multi-family trends, forecasts, and much more. Thu, 2013-03-21The multifamily industry is largely made up of small owners, but now we know just how fragmented the industry actually is. Tue, 2013-03-19 Mark D Barry & Associates, apartment appraisal specialists, have released their 2013 New Apartment Construction Report for the greater Portland Metropolitan Area. Mon, 2013-03-18 The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau today released the new 2012 Rental Housing Finance Survey, which provides a more complete picture of the nation’s multi-family rental properties, including data on property values, how their mortgages are financed, and characteristics of the structures. Fri, 2013-03-15House Revenue Committee set to Hear Bill to Eliminate Like-Kind (1031) Exchanges in Oregon. Thu, 2013-03-14 We are pleased to announce the sale of the Peterson Court Apartments, a 12 unit property located on 167th Avenue in Portland, Oregon. Wed, 2013-03-13 We are pleased to welcome Ms. Melissa Onishi to our team at Joseph Bernard Investment Real Estate. Mon, 2013-03-11Renters have certainly felt the impact of the rising rent tide. Despite this, the rental experience remains a positive one. Renters are free from worries about home values that remain stagnant in many parts of the country. Wed, 2013-03-06The housing inventory has lagged behind the growth in the population for years, so both rental and for-sale housing are in short supply. Fri, 2013-03-01 We are pleased to announce the sale of the Cedar Breaks Apartments, a 10-unit community located in SE Portland, Oregon. Thu, 2013-02-28The continuing strong recovery of apartment rents and occupancies has not gone unnoticed by real estate property investors, who pushed sales volume to 2007 boom era levels last year -- and even higher sales totals possible in 2013. Wed, 2013-02-27As a result of the housing crisis, homeownership is down, particularly among younger households. This trend has translated into a lot of potential in household formation, with most of them expected to become renters. Tue, 2013-02-26 We are pleased to announce the sale of the Yamhill Apartments, a 12-unit vintage property located in the Buckman Neighborhood of SE Portland, Oregon. Mon, 2013-02-25Rental housing demand has been exceptionally strong...Rent increases have been higher in multifamily housing where supply is not matching strong demand, thereby allowing landlords to raise rents at faster rates. Fri, 2013-02-22The apartment market in January remained steady if not spectacular, with effective rent growth measuring 3.62% nationally, which is in-line with its full-year forecast for 2013 of 3.6%. Thu, 2013-02-21Good times are here to stay around for a while in the multifamily sector...the demand in the space has created a good climate for borrowers, and secondary markets are starting to gain more traction. Mon, 2013-02-18Some investors interested in the multifamily market look to Wall Street for clues while others look at past and current performance, but experts say there are five signs that lead to smart apartment property investment that most anyone can see. Fri, 2013-02-15“Supply is building, and we continue to watch deliveries, but net absorption in key markets with select demographics will remain strong...we expect a good year.” Wed, 2013-02-13Despite the worst economy in a generation, apartments and their residents contributed $1.1 trillion to the national economy in 2011, supporting 25.4 million jobs. Tue, 2013-02-05Apartments.com conducted a nationwide survey of more than 1,300 renters to gain insights into their moving plans this year. Mon, 2013-02-04After several years of meager deliveries, the sector is finally starting to respond to demand in the marketplace. We’ve got a long way to go before we cross that ‘bubble’ threshold—this pipeline is in no danger of bursting. Thu, 2013-01-31 The lastest edition of the Barry Apartment Report is now available on our website. Wed, 2013-01-30 We are pleased to announce the sale of the Belmont 7-Unit apartments located in Portland, Oregon. Wed, 2013-01-30Since the peak of homeownership, an additional 6.9 million people have chosen to rent, which has led to tighter supply conditions in the rental market. Tue, 2013-01-29The multifamily market is still playing catch-up, as supply remains depleted...The number of new units necessary to sustain demand fell short by 100,000 units nationwide in 2012. Mon, 2013-01-28 The price for the Stark Street Apartments has been substantially reduced, now offering an 8.24% cap rate and a possible 14.19% cash on cash return. Wed, 2013-01-23The [multifamily] market continues to improve as new household formations generate demand...There is also a change in attitude toward renting--people like the flexibility it gives and the option to be able to easily move to another city or state for a job opportunity. Fri, 2013-01-18"The apartment market produced steady, solid results in 2012...Overall rent growth in 2013 is forecasted to be relatively the same, but we expect to see more variation across MSAs." Thu, 2013-01-17 We are pleased to announce the sale of the Camelot Court Apartments, a 10 unit community in Portland, Oregon.
Wed, 2013-01-16We are pleased to announce that in the 4th Quarter of 2012, Joseph Bernard, LLC represented 53% of investors with apartment transactions among other commercial real estate firms. Tue, 2013-01-15While apartment construction has picked up from its lethargic pace in 2009 and 2010, today's level is still below historical norms. This supply-and-demand imbalance means apartment buildings are hot properties for commercial landlords. Wed, 2013-01-09Research by the Bipartisan Policy Center forecasts that the next 10 years may bring as many as 5 to 6 million new renter households. Tue, 2013-01-08U.S. apartment vacancies declined to an 11-year low in the fourth quarter as construction of multifamily complexes spurred by rising rents failed to keep up with increasing demand, Reis Inc. said. Mon, 2013-01-07Most places are starved for new product right now, so properties that will complete over the coming year appear likely to do incredibly well, generally without hurting the results for the existing stock... Fri, 2013-01-04 We are pleased to announce the sale of the Brooktree Apartments, a 44-unit community located in Salem, Oregon. Thu, 2013-01-03From an investor perspective, apartment buildings - where vacancy rates continue to slide and rents will climb higher next year - retain the most appeal. Wed, 2013-01-02 We are pleased to announce the sale of the Del Ray Apartments, a 34-unit community located in NE Portland, Oregon. Mon, 2012-12-31This will be the first year in more than a decade when multifamily will replace office as the top investment sector. No surprise there, really, given the bulletproof stability of the apartment market. Fri, 2012-12-28With More Good News Than Bad, Investors Seek to Place Capital Despite Continuing Uneven Recovery. Fri, 2012-12-21As 2012 approaches a close, industry research suggests that commercial real estate investors are optimistic about the opportunities that will present themselves in 2013. Thu, 2012-12-20For the next few years, most analysts foresee rising rents, higher net operating income, modest price gains, available capital and an active transactions market. Is it all too good to be true? Wed, 2012-12-19Multifamily rents remain high in an industry of underwater mortgages just beginning to dry out, according to CoreLogic’s December MarketPulse report. Tue, 2012-12-18Increased liquidity, Fed support, favorable demographics buoy the apartment sector despite growing supply and slow wage gains. Mon, 2012-12-17The apartment market looks to end the year on an uptick after annual effective rent and occupancy growth, according to Axiometrics, Inc. Thu, 2012-12-13While the single-family housing market finally appears to be on the mend, this does not automatically mean less demand for the multifamily sector. Wed, 2012-12-12Ensuring capital is available in all markets and at all times so the apartment industry can continue to provide housing from coast to coast and should be the goal of housing finance reform," said NAA President, Doug Culkin, CAE. Tue, 2012-12-11In cities all across America there is a housing boom taking place, but it is not single family homes, it is apartment buildings. The reason… soaring rents. Mon, 2012-12-10We are pleased to announce that the Peterson Court Apartments, a 12-unit community in Portland, Oregon, is now sale pending. Fri, 2012-12-07We’re seeing higher rents, faster lease-ups, lower construction costs — everything you want to see. Part of it is there’s just a pent-up demand for new product because we didn’t build anything during the downturn... Thu, 2012-12-06 CoStar analysis shows landlords of apartments within walking distance of rail and bus lines collect higher rents and have higher occupancies than non-transit-oriented properties. Tue, 2012-12-04 We are pleased to announce the sale of the Heritage Hills Apartments, a 36-unit community in Salem, Oregon. Fri, 2012-11-30 We are pleased to announce the sale of the Cascade Firs Apartments: a 16-unit complex located in Portland, Oregon. Thu, 2012-11-29Apartment rents will go up again next year for the fourth consecutive year as the economy improves — good news for landlords. Tue, 2012-11-27The apartment rental market is a standout due to particularly tight availability and rent increases that far outpace inflation. The metro area with the lowest multifamily vacancy rate is Portland, Ore., with a rate of 2.1%. Mon, 2012-11-26 We are pleased to announce the sale of the Milo Del Manor Apartments, a 18-unit property located in Canby, Oregon. Wed, 2012-11-21Apartment fundamentals have bounced back robustly since the recession ended in June 2009. Demand for apartments will remain strong, and will rise further if economic growth quickens. Tue, 2012-11-20People who are considering home ownership are moving slowly and are probably staying in rental units longer than they’d like...apartments are desirable commodities and landlords can charge more for them. Mon, 2012-11-19London-based Henderson said it regards the U.S. apartment market as one of the best-positioned sectors over the next five years...Apartments are anticipated to have the most favorable occupancy and rent growth conditions of all asset classes. Fri, 2012-11-16"Phoenix’s multifamily market has demonstrated the same resiliency as the rest of the metro, with a surprisingly fast post-recession recovery, from both an operational and an investment perspective." Thu, 2012-11-15"Not surprisingly, the multifamily sector continued to lead all other property types in price gains for the third quarter of 2012." Wed, 2012-11-14Investor demand for apartments continues to increase rapidly, and the rate of transactions is now at the same level as it was in 2005, says Jones Lang LaSalle analysts. Tue, 2012-11-13Given the lingering effects of the recent housing-market crisis, which continues to push former homeowners into the rental market, demand fundamentals should continue to be strong for rental units, keeping rents growing in the near term. Mon, 2012-11-12 We are pleased to present our new exclusive listing for the Stark Street Apartments: an 11 unit community located at 13327 SE Stark Street in Portland. Mon, 2012-11-12The multifamily sector maintains steady growth and demand is strongest in this area as it has been for some years now. Vacancy rates continue to drop while rents firm up. Fri, 2012-11-09Over the last year, there has been a slight shift in what weighs more heavily into a renewal decision for multifamily tenants. Believe it or not, tenants care a little less about rental rates and a bit more about property management. Thu, 2012-11-08"Multifamily is still a very solid asset class with strong demand...I think we have several years of similar kinds of increases that we are seeing now..." Tue, 2012-11-06Multifamily market demand is expected to be strong through 2015 primarily due to demographic trends and a decreasing national homeownership rate. Mon, 2012-11-05 Portland ranked among the nation’s best-performing apartment markets as of 3rd quarter. Fri, 2012-11-02Major cities across the country are moving to make studio apartments – especially those less than 300 square feet – more commonplace. Thu, 2012-11-01"Even after nearly three years of recovery, apartment markets around the country remain strong as more report tightening conditions than not..." Wed, 2012-10-31 News Wednesday that Intel Corp. is planning an additional expansion at its Ronler Acres campus in Hillsboro has developers, construction workers and commercial real estate folks cheering. Wed, 2012-10-31 We are please to announce the sale of the Canby Townhouse Apartments, a 35 unit community in Canby, Oregon. Tue, 2012-10-30The multifamily market continues to get the thumbs up from Americans. According to ApartmentList.com, 40% of American households rent their homes, and one-fourth of these renters have no intention of becoming homeowners. Mon, 2012-10-29 We are pleased to announce the sale of our exclusively listed Pine Street Townhome Apartments, located at 18244-18310 SE Pine Street in Portland. Wed, 2012-10-24The brightest spot in next year’s forecast is probably the same as what stood out in this year’s sector wrap-up: the apartment market. Wed, 2012-10-17The real estate recovery is set to advance in 2013 as modest gains in leasing, rents, and pricing will extend across U.S. markets from coast-to-coast and improve prospects for all property sectors. Tue, 2012-10-16Despite increasing supply, the apartment market is still generating solid gains. Mon, 2012-10-15Real Estate investors have a unique opportunity to position themselves for consistent cash flow today and huge returns when the market fully recovers. Fri, 2012-10-12"There will be an uptick of people buying homes, but it’ll far be outweighed by folks coming in with the renter-by-choice mindset..." Thu, 2012-10-11 We are pleased to announce the sale of a nine-unit apartment building located at 2615 SE 125th Avenue in Portland, Oregon. Wed, 2012-10-10Rental-apartment complexes throughout the country are replacing "No Pets" signs with dog parks and washing stations as they look for new ways to attract and retain tenants. Mon, 2012-10-08Axiometrics, Inc. finds that effective rents for new leases at class-C apartment properties grew faster on average than at class-A and class-B properties. Fri, 2012-10-05 We are pleased to announce the sale of the Greenfaire Court Apartments in Portland, Oregon. Fri, 2012-10-05It’s common knowledge that multi-family remains the strongest of all commercial real estate sectors. But the Mortgage Bankers Association recently released a new report showing just how strong this sector has become. Thu, 2012-10-04Mayor Shane Bemis and apartment managers faced off during last night's town hall discussion about Gresham's proposed citywide fee to support public safety and parks budgets, with the mayor rejecting managers' argument that the $7.50 monthly fee would price out renters. Tue, 2012-10-02Axiometrics Inc. indicates that annual effective rent growth continued to moderate in the third quarter of 2012. Despite the slowdown in effective rent growth, the occupancy rate remains quite strong nationally. Mon, 2012-10-01The prevailing positive trends that have fueled the multi-housing sector’s impressive growth over the past 18 months will continue well into 2013 and beyond. Thu, 2012-09-27 We are pleased to present our new exclusive listing for the Mt Scott 5-Unit Apartments located in SE Portland, Oregon. Tue, 2012-09-25A more affluent group of renters has emerged, and they are shifting mainstream thinking about the ideals of ownership. Mon, 2012-09-24We invite qualified investors to attend our upcoming Apartment Investor Series on October 4. Attendees will learn how to maximize their selling price using the "7 Absolutely Critical Things to Do Prior to Selling an Apartment Building". Thu, 2012-09-20Portland’s apartment market has become quite tight...with apartment vacancy below 3 percent for nearly two years, we’re definitely seeing a landlord’s market. Wed, 2012-09-19Portland’s economic outlook, according to one national measure, shined during the last quarter. Tue, 2012-09-18 We are pleased to welcome Michael Candianides to our brokerage team at Joseph Bernard Investment Real Estate. Mon, 2012-09-17 We are pleased to announce the sale of the Eastwood Apartments: a 12 unit community located at 17333 SE Stark Street in Portland. Thu, 2012-09-13Sharply higher demand for apartments is causing rents to rise at faster rates. A return to normal household formation will mean even lower vacancy rates and higher rents in the future... Mon, 2012-09-10The Multifamily Production Index (MPI) improved for the eighth consecutive quarter with an index level of 54. It is the highest reading since the second quarter of 2005. Fri, 2012-09-07The multifamily housing sector continues to improve, fed by people renting homes and the improving for-sale market. Thu, 2012-09-06The multifamily sector is shining very brightly for investors as West Coast markets with growing populations try to bounce back from housing foreclosures and heavy job losses. Wed, 2012-09-05According to Axiometrics Inc., national effective rents—rents net of concessions—for the U.S. apartment market increased 0.54 percent from June to July, bringing year-to-date effective rent growth up to 4.42 percent. Tue, 2012-09-04Axiometrics predicts that average apartment rents will settle into a steady pace of growth over the next few years, similar to rental markets in the mid-1990s, as occupancy rates stay very high. Fri, 2012-08-31 We are pleased to announce the sale of the Alpine Village Apartments: a 53 unit community located at 465 Fairview Avenue SE in Salem, Oregon. Thu, 2012-08-30We are pleased to announce our new exclusive listing for the Peterson Court Apartments: 12 units located on SE 167th & Division in Portland, Oregon. Wed, 2012-08-29We are pleased to announce our new exclusive listing for the Pine Street Townhomes: 8 units at 18244 SE Pine Street in Portland. Tue, 2012-08-28 We are pleased to announce our new exclusive listing for the Thomasville Apartments: eleven units located on SE Division Street in Portland, Oregon. Mon, 2012-08-27Going forward, Axiometrics forecasts that the market will likely perform closer to the extended period of stable rent growth seen in the late 1990s, rather than the “up and down” market seen during the immediate last expansion period. Wed, 2012-08-22Fundamentals continue to be on fire for the multifamily industry. Tue, 2012-08-21Rarely have occupancies been this strong, and certainly not during a time of slow economic growth and high unemployment. Mon, 2012-08-20 We are pleased to announce our new exclusive listing for the Covington Estates Apartments located in Vancouver, WA. Thu, 2012-08-16Annual Harvard housing study shows that minorities and higher-income households dominate rising demographics. Wed, 2012-08-15Apartment market fundamentals continued to be rock solid through the second quarter, becoming the first CRE property sector to make the full transition from recovery mode into expansion and see increasing rents, declining vacancy and a burst of new construction. Tue, 2012-08-14 We are pleased to announce the sale of the Chardonnay Apartments, a 21 unit building located in NW Portland, Oregon. Mon, 2012-08-06Sales of significant commercial properties totaled $57.4 billion in Q 2' 12, up over 10% from the prior quarter...The apartment sector continues to out-perform other property types, according to RCA. Thu, 2012-08-02Supply and Demand Metrics Remain Solid Even as Financing Remains a Challenge In Many Markets, Say Apartment Industry Executives. Mon, 2012-07-30"The apartment sector’s strength continues unabated...Even as new construction ramps up, higher demand for apartment residences still outstrips new supply with no letup in sight." Wed, 2012-07-25 We are pleased to welcome Vanessa Mrkonic to our team at Joseph Bernard Investment Real Estate. Tue, 2012-07-24Nationally, the apartment market continues to thrive. Despite market jitters and disappointing economic news, apartment vacancies in Q2 have dropped to 4.7% nationally. Mon, 2012-07-23Preliminary trends for 2012 Q2 released by REIS show that, on a national level, multifamily vacancies are now at 4.7% for this year's second quarter, 20 basis points lower than the previous quarter. Wed, 2012-07-18It seems that markets favoring sellers are often places where apartment developers are looking to build. So in this case rentals would benefit not from a weak housing market, but a strong one. Tue, 2012-07-17 We are pleased to announce the sale of the 50th Place Apartments in Portland, Oregon.
Mon, 2012-07-16Joseph Chaplik is a routine guest speaker on the Business Briefing show with Brian Bushlach, Sunday afternoons on 101.1FM KXL. Topics discussed include the current apartment market, multi-family trends, forecasts, and much more. Thu, 2012-07-12Renting an apartment in the U.S. became even more expensive during the second quarter, as vacancies set a new 10-year low and rents rose at a pace not seen since before the financial crisis. Wed, 2012-07-11After several years of little new apartment construction, development activity has ramped up. But industry experts aren’t worried about overbuilding. The number of units under construction is still below historic norms. Plus, most properties coming online today are leasing quickly—with some rental rates well above expectations. Tue, 2012-07-10Portland remains the second-tightest apartment market in the country, with a vacancy rate only slightly higher than New York. Mon, 2012-07-09 We are pleased to announce our new exclusive listing for the Casa Saville Apartments, an 8 unit community located in Salem, Oregon. Mon, 2012-07-09Preliminary figures from real estate research firm Reis show that the national vacancy rate in the apartment sector dropped 20 basis points in the second quarter and now stands at 4.7 percent—the lowest level in a decade. Fri, 2012-07-06"For most markets, once vacancies tighten below 5 percent, effective rents tend to spike...It appears that rents are beginning to accelerate" Thu, 2012-07-05Landlords boosted apartment rents to record levels in the second quarter as demand from tenants sitting out the home-buying market pushed vacancy rates to their lowest point in more than a decade. Fri, 2012-06-29Fifty-two of the top 88 markets have increased rents 3.0% or more this year; rent concessions at near record lows. Thu, 2012-06-28 We are pleased to announce the sale of the Burton Road Development Site: 1.25 acres in Vancouver, Washington. Wed, 2012-06-27Despite growing rents and occupancies, there is still room for improvement in the multifamily sector. Both rents and vacancies vary by market, but all the markets have come through the downturn and snapped back very quickly. Tue, 2012-06-26We’ve had five years of increased household formation and an increase in the number of people who are most likely to rent...the number of renters is at an all-time high. At the same time, homeownership rates are declining. So basically, demand will continue to be strong. Mon, 2012-06-25 Joseph Bernard, LLC ranks #56 in the 100 Fastest Growing Private Companies by the Portland Business Journal.
Thu, 2012-06-21According to data released recently, household demographics are changing in the Portland-metro area. Families are shrinking and more people are living alone. Meanwhile, young professionals are continuing to flock here. Wed, 2012-06-20Freddie Mac released its U.S. Economic and Housing Market Outlook for June showing that rental market activity has been a bright spot for the housing market, and due to rental demand by those postponing homeownership, further increases are expected in the coming year. Mon, 2012-06-18 One million. That’s the number of new rental households the U.S. added in 2011...the largest reported increase of renter households since the early 1980s. Fri, 2012-06-15With vacancies declining and rental prices rising, the climate in the housing industry is clearly warming up to rental properties. Thu, 2012-06-14Realfacts reports that rents are on the rise in every market but three of 47 metropolitan statistical areas (MSAs) published. Wed, 2012-06-13Portland has made a spectacular recovery, fueled by the tech mini-boom and the area's attractiveness to young people. Tue, 2012-06-12A turning point has been reached in the economy and both demographics and the assumptions that traditionally drove the commercial real estate industry are shifting. Mon, 2012-06-11 We are pleased to announce our new exclusive listing for the William Ridge Apartments, 15 units at 3550 SE 130th Avenue in Portland, Oregon. Fri, 2012-06-08A recent report confirms the generally positive state (for landlords) of the U.S. multifamily housing market, with prospects good for the foreseeable future. Thu, 2012-05-31Continued low levels of new supply have led to a big bounce-back in rents as demand outpaces new construction. Tue, 2012-05-29The National Multi Housing Council's quarterly market survey suggested that the apartment sector is witnessing lower vacancy rates, higher rents and more favorable financing terms, even from the rather strong level of three months ago. Fri, 2012-05-25 We are pleased to announce the sale of the Tek View Apartments, 8 units located at 13023 SW Jenkins Road in Beaverton, Oregon. Fri, 2012-05-25We are pleased to announce that Joseph Bernard, LLC has been named one of the top 100 Fastest Growing Private Companies by the Portland Business Journal. Thu, 2012-05-24Shaking off a prolonged impact from the recession, fundamentals are gradually improving in all of the major commercial real estate sectors... the apartment rental sector has fully recovered and is growing. Tue, 2012-05-22The recovery may be slow, but don’t tell that to the apartment industry. As fundamentals continue to race ahead, young adults lead a release of pent-up demand that won’t stop anytime soon. Mon, 2012-05-21The rental boom has been much needed, according to Mr. Hughes, who predicted that the housing market would tilt toward the rental side for the remainder of the decade. Fri, 2012-05-18 We are pleased to announce our new exclusive listing for the Mt Tabor View Apartments, 23 units at 22 SE 80th Avenue in Portland.
Thu, 2012-05-17We are pleased to announce our new exclusive listing for the Eastwood Apartments, 12 units at 17333 SE Stark Street. Thu, 2012-05-17 We are pleased to announce our new exclusive listing for the Hall Street Court Apartments, 26 units located at 5950 SW Hall Blvd in Beaverton, Oregon. Mon, 2012-05-14 We are pleased to announce the sale of the Maynard Apartments, located at 3665 SW 104th Avenue in Beaverton, Oregon. Fri, 2012-05-11“As the job market improves and the overall economy improves, these millions of households that are doubled up currently are going to be looking for some place to live. That’s going to give the apartment sector legs for quite a while..." Thu, 2012-05-10In the aftermath of the worst housing crisis in a generation, more people are eschewing the American dream of homeownership and embracing apartment rentals in the still-fragile economy. Wed, 2012-05-09The National Multi Housing Council, in its latest Quarterly Survey of Apartment Market Conditions, reports that the U.S. apartment industry is still chugging along at a robust pace. Mon, 2012-05-07 We are pleased to announce our new exclusive listing for the Garden Glen Manor Apartments at 13024 SE Foster Road in Portland. Mon, 2012-05-07 We are excited to announce that on May 1, 2012 we opened our newest location in Phoenix, Arizona. Fri, 2012-05-04Average apartment rents rose approximately 4.4% in the first quarter from a year earlier, as heightened demand in the rental market continues to push up prices, TransUnion said. Thu, 2012-05-03National rental housing vacancy rates in the first quarter dropped nearly 1 full percentage point year-over year to 8.8% for rental housing. Wed, 2012-05-02“Market conditions improved across the board, even from the rather strong level of three months ago...Demand for apartment residences – and apartment properties – continues to grow. We anticipate this increasing further in the coming years..." Tue, 2012-05-01 We are pleased to announce the sale of the Kelly Green Apartments, 25 units located in Gresham, Oregon. Tue, 2012-05-01Axiometrics Inc. reports that national effective rents increased by 0.89% from February to March, which is the highest sequential growth rate since the firm began surveying its property database monthly. Mon, 2012-04-30 We are pleased to announce the sale of the Kent Apartments: 9 units on SE 20th & Belmont in Portland, Oregon.
Mon, 2012-04-30 We are pleased to announce our new exclusive listing for the King Apartments, 12 units located in Salem, Oregon. Fri, 2012-04-27Tight supply conditions with only 7,342 apartment units coming online in the first quarter are helping performance of apartment properties around the nation. Thu, 2012-04-26Even if the supply pipeline was filling up faster, it would still be outweighed by demand. Low levels of new apartment construction, an improving employment picture, and the weak single-family housing market have been contributing to robust fundamentals in the multifamily housing sector in the U.S., Moody's Investors Service reported. Wed, 2012-04-25"It's not a surprise that rental prices increased in the first quarter as recent industry data revealed that vacancy rates reached their lowest levels since 2001..." Tue, 2012-04-24Joseph Chaplik is a routine guest speaker on the Business Briefing show with Brian Bushlach, Sunday afternoons on 101.1FM KXL. Topics discussed include the current apartment market, multi-family trends, forecasts, and much more. Mon, 2012-04-23 We are pleased to announce our new exclusive listing for a 13.97 acre lot of land in Albany, Oregon. Thu, 2012-04-19The Portland area has one of the lowest rental vacancy rates in the country. Last year, the U.S. Census Bureau and the National Association of Realtors both ranked Portland the second-tightest rental market among the largest metro areas. Tue, 2012-04-17 We are pleased to announce our exclusive listing for the Flair Apartments, 16 units located in Wood Village, Oregon. Mon, 2012-04-16We are pleased to announce that in the first quarter of 2012 we completed 43% of apartment transactions among other multifamily firms. 5 out of 10 investors chose to work with Joseph Bernard, LLC. Mon, 2012-04-16According to a recent Apartments.com national survey of its website visitors about their moving plans, 33.6 percent of respondents said they were previously homeowners who were now looking to rent. Tue, 2012-04-10The rental market remains a bright spot in the housing market, where many markets, especially hard hit ones, are experiencing significant annual rent appreciation and drawing the attention of investors. Mon, 2012-04-09"In 2011, there was growth of a million renter households across the country, while homeowner households fell by 350,000...So in one year to have growth of a million renters, that's a number we haven't seen in a long time." Fri, 2012-04-06 The multifamily sector continued its torrid run as vacancy rates fell by 30 basis points in the first quarter down to 4.9 percent, according to real estate research firm Reis Inc. The last time the vacancy rate was this low was more than 10 years ago in the fourth quarter of 2001. Thu, 2012-04-05Healthy rent increases and a recent opportunity to reinvest reserves and returns in existing products to improve resident services were examples of positive changes he is seeing across the industry. “Now is the time—take a look and see what you can do..." Wed, 2012-04-04We are pleased to present our exclusive listing for the Chardonnay Apartments, a 21-unit property located on NW 21st & Everett Street. Mon, 2012-04-02We are pleased to announce that the Maynard Apartments in Beaverton, Oregon are now sale pending. Fri, 2012-03-30Those in the apartment business are generally floating on cloud 9. Financing is still available; demographics, job growth and household formation are in favor of the rental market; and the sector’s strong fundamentals and economic indicators are attracting a bevy of investors. Thu, 2012-03-29While rents in upper tier may be leveling off in some markets, lower tier propertyies likely to boost overall rent growth through rest of year Wed, 2012-03-28 We would like to congratulate Bernard Gehret on being one of the runners up for the Commercial Association of Broker's 2011 Investment Broker of the Year.
Wed, 2012-03-28 We are pleased to present our newest exclusive listing for the Heatherdale Mobile Village: a 106 space mobile home and RV park in Albany, Oregon. Mon, 2012-03-26Low Interest and Cap Rates Keeping Buyers in the Market. Thu, 2012-03-22Residential property prices in the United States continued to fall but median rents are rising, according to the latest real estate market reports published on Tuesday, March 13, by Zillow. Wed, 2012-03-21America’s trend toward rental living is confirmed by U.S. Census Bureau data showing that in the fourth quarter of 2011, the home ownership rate was 66 percent—down from a peak of about 69 percent in 2004-06. Tue, 2012-03-20We are pleased to announce that the 26-unit Kelly Green Apartments in Gresham, Oregon are now sale pending. Mon, 2012-03-19 We are pleased to announce that the 67-unit Cypress Crest Apartments in Tigard, Oregon are now Sale Pending. Fri, 2012-03-16For the apartment sector you had moderate supply growth through 2008, which dropped off severely from 2009 to 2011. Combine that with surging demand from renter households that are postponing decisions to buy homes because of the flagging for-sale sector, and you’ve got a great combination. Thu, 2012-03-15"Vacancy rates are steadily falling. Leasing is on the rise and rents are showing signs of strengthening, especially in the apartment market where rents are rising the fastest..." Tue, 2012-03-13"The flourishing rental market is the silver lining to the nation's housing downturn...the inaugural Zillow Rent Index shows us a healthy and growing rental market across the majority of the country, even as home values continue to fall." Mon, 2012-03-12“If job growth continues on its recent pace, effective rent growth in 2012 could be even stronger than our original forecast of 5.5%” Thu, 2012-03-08The housing market remains a potent drag on the economy as home prices continue to slip, foreclosed homes fill some neighborhoods and millions of construction workers scramble for jobs. But one group is sitting pretty: landlords. Wed, 2012-03-07Demand for U.S. apartment buildings is surging as the homeownership rate hovers near the lowest level since 1998 and government-supported mortgage companies provide record levels of financing for apartment properties. Tue, 2012-03-06 We are pleased to announce the sale of the Oak Manor Apartments, a 44 unit community located at 2288 Northgate Avenue NE in Salem, Oregon. Mon, 2012-03-05The multifamily sector could save almost $3.4 billion annually, nationwide, on energy costs with a full expansion of efficiency upgrades, according to a new report from the Washington, D.C.–based American Council for an Energy-Efficient Economy (ACEEE) and Chicago-based think tank CNT Energy. Fri, 2012-03-02NAREIT finds there is a record level of pent-up demand for apartment space, with an approximately 2.5-million unit supply-demand imbalance in apartment inventory. Thu, 2012-03-01"The industry moves in cycles, and right now not a lot of apartments are available," said Jay Parsons, an analyst at MPF Research. Until apartment construction catches up to demand, landlords will maintain their control of the market, he said. Wed, 2012-02-29 We are pleased to announce the sale of a 10 unit building located at 1601 NE Killingsworth Street in Portland, Oregon. Wed, 2012-02-29Unsubstantial deliveries have clearly coincided with a period of strong rental demand, fomenting the occupancy and rent trends that have become hallmarks of the apartment sector's recovery. Tue, 2012-02-28Most economists believe favorable conditions for apartment owners and managers will continue for at least the next year, with the job market gradually improving and multifamily housing construction remaining constrained. Mon, 2012-02-27 The apartment market will continue to lead the commercial sector in 2012 and Portland is one of the cities leading the nation’s hottest real estate property. Fri, 2012-02-24National vacancies continued to tighten sharply in the fourth quarter, bucking seasonal weakness typical of the colder months of the year...the last time national vacancies approached this level was about a decade ago, in late 2001. Thu, 2012-02-23A number of lenders see more capital coming back into commercial real estate in 2012 in much greater volumes and across multiple lending sources. Apartments represent the best investment opportunities as 76% chose the product type. Wed, 2012-02-22As home values fell yet again at the end of 2011, more and more people are looking to renting as an affordable, flexible lifestyle option, causing apartment vacancies to fall to their lowest point in 10 years. Tue, 2012-02-21Axiometrics, which measures the performance of the apartment sector every month by surveying more than 18,000 properties and 4.8 million units, projects effective rent growth in 2012 to reach 5.50 percent. Mon, 2012-02-20Our next edition of the Apartment Investor Series will illustrate methods used by experienced investors to maximize income and minimize expenses for apartments. Fri, 2012-02-17The Mortgage Bankers Association said its quarterly survey shows a steep increase in commercial lending driven by higher originations for industrial and multifamily property types. Thu, 2012-02-16“Everything is just ripe for a robust apartment market,” Johnsey says. “I’m always looking for problems. But these numbers are just some of the strongest I’ve seen.” Wed, 2012-02-15"We're going to see the occupancy rates in all classes get closer to 95 percent, and that's going to create really strong pricing power."- Ronald Johnsey, President of AxioMetrics Inc. Tue, 2012-02-14"Apartments should benefit once again in 2012 from a combination of gradually improving labor market, a weak for-sale market, favorable demographics and modest levels of new supply...We expect that demand will outpace supply again this year...” Mon, 2012-02-13"I think in the next couple of years we’re going to see the greatest capital infusion we’ve ever seen in a generation...We believe that commercial real estate is the new foundation to investment portfolios as we go back to the basics of investing.” Fri, 2012-02-10Investors continue to view apartments as a preferred asset class in today's environment and long-term demographic changes favor rental housing... the apartment market continues its strong recovery as developers play catch-up to the growing demand for rental housing. Thu, 2012-02-09The multifamily housing market continues to be a bright spot in housing even with tightened supply and higher rents. Of the new households forming, most are becoming renters. Wed, 2012-02-08The latest Quarterly Survey of Apartment Market Conditions from National Multi Housing Council indicates that improving market conditions continue to be an advantage for the multifamily industry. Tue, 2012-02-07We are pleased to present the Maynard Apartments, our newest exclusive listing located in the West Slope neighborhood of Beaverton, Oregon. Mon, 2012-02-06Axiometrics reported that the national occupancy rate finished 2011 at 93.5 percent, which was up 40 basis points from 2010. Fri, 2012-02-03 We are pleased to announce the sale of the Cesar Chavez 11 Unit Apartments located at 3803 SE Cesar E Chavez Blvd in Portland, Oregon. Fri, 2012-02-03Investors continue to view apartments as a preferred asset class in today's environment and long-term demographic changes favor rental housing. Thu, 2012-02-02Little new apartment construction and surging demand has created a shortfall of 2.5 million units, the largest the nation has seen in more than a half-century. Wed, 2012-02-01 We are pleased to announce the sale of the Cashmur Manor Apartments located at 8805 SW Cashmur Lane in Portland, Oregon. Wed, 2012-02-01“The apartment market’s strength is being driven by demand from modest job growth, strong renter household formation, and low supply...These factors will make 2012 a strong year, better than both 2010 and 2011, at least from the owner and landlord perspective." Mon, 2012-01-30It's clear that the apartment market is improving. But what's behind the comeback? Fri, 2012-01-27The jury has deliberated and the verdict is clear: The case for apartment living as a lifestyle choice has never been stronger. Thu, 2012-01-26Could the blistering pace of multifamily rent increases get even better? If new development doesn’t catch up with demand, operators are likely going to be in the sweetest of spots as mounting national occupancy looks to trend above 95 percent. Wed, 2012-01-25 We are pleased to announce the sale of the Knott Street Apartments, a 5 unit property in Canby, Oregon. Tue, 2012-01-24The window stays open in 2012. To say that optimism reigned at the National Multi Housing Council (NMHC) Annual Conference may be a tad conservative. Fri, 2012-01-20While apartment demand has cooled off a bit from 2010’s incredibly large volume, it remains very strong...Most of the jobs being formed are going to young adults, who tend to be renters. At the same time, loss of renters to purchase continues to run far below the historical norm. Thu, 2012-01-19Barring an economic meltdown—or continued stagnancy—2012 is on track to be a great year for multifamily. Wed, 2012-01-18Apartment fundamentals have improved significantly and are outpacing the recovery of other property types. In addition to positive net absorption, an improving job market and favorable demographics have supported a sharp rise in apartment rents. Tue, 2012-01-17Apartments continued to widen the gap with the other sectors thanks to the unique set of drivers that are charging renter demand. Mon, 2012-01-16“All the pieces are coming together,” Barry said, creating demand for apartment units that’s allowed investors — owners of residential complexes — to increase rents and generate more revenue. Fri, 2012-01-13 We are pleased to announce the sale of the Farmington Townhome Apartments, a 62 unit community located in Beaverton, Oregon and Exclusively Listed by Joseph Bernard, LLC. Fri, 2012-01-13The precipitous drop in the national homeownership rate, coupled with the emergence of an 80 million–strong Gen Y demographic now entering peak renting age, has most housing experts convinced that the multifamily apartment market is on the cusp of a historic boom. Wed, 2012-01-11 We are pleased to announce the sale of our exclusively listed Fessenden Court Apartments, a 9 unit community located in North Portland, Oregon. Wed, 2012-01-11Higher rents and drops in home ownership are helping to spur investors' interest in the apartment sector, even from developers who typically focus on malls and offices. Tue, 2012-01-10Thanks to a favorable combination of limited supply and demand—and the unfortunate circumstances plaguing the single-family home market—multifamily is expected to continue thriving. Mon, 2012-01-09 We are pleased to announce the sale of our exclusively listed Calico Court Apartments, an 8 unit community located at 12220 SW Calico Court in Beaverton, Oregon. Mon, 2012-01-09Joseph Chaplik is a routine guest speaker on the Business Briefing show with Brian Bushlach, Sunday afternoons on 101.1FM KXL. Fri, 2012-01-06The returns are starting to come in from 2011, and it looks like apartment owners were the winners. Thu, 2012-01-05It’s not exactly a secret that in 2011, the multihousing sector was the most active one when it came to commercial real estate. The panelists were optimistic that 2012 will be as strong, if not stronger, than 2011. Wed, 2012-01-04 The Barry Apartment Report is a publication covering economic, financial, and valuation trends impacting apartments in the Portland, Oregon metropolitan area. Tue, 2012-01-03 We are pleased to announce the sale of the Park Terrace Apartments, a 52 unit community located in Southwest Portland, Oregon. Tue, 2012-01-03Like any other kind of real estate, the apartment market is a game of numbers, and throughout 2011, the numbers have been on the side of owners, developers and investors. Fri, 2011-12-30Thanks to a favorable combination of limited supply and demand edging up, market conditions for the multifamily sector are likely to be favorable in 2012. Wed, 2011-12-28"Rents are rising, vacancies are falling, household formations are growing, and rental supply is limited. We believe the demand for rental properties will continue to grow." Tue, 2011-12-27 We are pleased to announce our new exclusive listing for the Norm Apartments, a brand new 12 unit apartment community located in the Pearl District. Fri, 2011-12-23Multifamily, still the Golden Child of real estate investment, isn’t likely to topple off its pedestal any time soon Thu, 2011-12-22Cap rates are going to stabilize, interest rates will remain low and home ownership rates will continue to decline. These are the conclusions of the recently released RealShare/Jones Lang LaSalle’s Apartments Outlook 2012 Survey, and if their responses sound like good news for the multifamily rental business, they are. Wed, 2011-12-21Strong renter household formation and the declining homeownership rate will continue to benefit the apartment market, and will help contribute to our forecasted effective rent growth of 5.5% nationally for 2012. Tue, 2011-12-20 We are pleased to announce the sale of our exclusively listed Gresham Townhomes Apartments located at 1203-1211 E Powell Blvd. in Gresham, Oregon. Tue, 2011-12-20The Center for Behavioral Economics at the Federal Reserve of Boston recently released a study, which showed that fewer young people think homeownership is preferable to renting. Mon, 2011-12-19We are pleased to announce our new exclusive listing for the 50th Place Apartments, a 12 unit property located in NE Portland, Oregon. Fri, 2011-12-16We are pleased to announce our new exclusive listing for the Del Ray Apartments, a 34 unit property located in NE Portland, Oregon. Wed, 2011-12-14Multifamily has been the strongest commercial real estate sector for a couple of years now, and that is not expected to change any time soon. Tue, 2011-12-13The multifamily sector has been investors’ flavor of the year, and it appears the sentiment will continue in 2012. Mon, 2011-12-12There may be a national housing crisis, but it certainly doesn’t seem like it in the multi-housing industry. Thu, 2011-12-08 We are pleased to announce the sale of the Cape Cod Apartments, a 10 unit property located close-in in NE Portland, Oregon. Tue, 2011-12-06 We are pleased to announce the sale of the Court Louise Apartments in SE Portland, Oregon. Mon, 2011-12-05Our next edition of the Apartment Investor Series will teach investors how to make millions with apartments in a down market. Thu, 2011-12-01Poor investment performance of single-family homes has “taken a big bite” out of the demand for homeownership, which has led to a higher—and more sustained—renter population. Wed, 2011-11-30Moody's has a generally positive outlook on apartments, projecting a 33 percent gain in apartment values over the next four years. Tue, 2011-11-29In the multifamily market, which already has the tightest vacancy rates in any commercial sector, apartment rents will be rising at faster rates in most of the country next year. If new multifamily construction doesn’t ramp up, rent growth could potentially approach 7 percent over the next two years. Tue, 2011-11-29Joseph Chaplik is a routine guest speaker on the Business Briefing show with Brian Bushlach, Sunday afternoons on 101.1FM KXL. Tue, 2011-11-22The apartment rental industry is doing well with the depressed housing market and few new apartment communities being built. In fact, some of the industry's top players expect it will likely stay that way for several years. Mon, 2011-11-21 Going into the fourth quarter, multifamily sales have already bested 2010 total sales volume by more than $1 billion. Fri, 2011-11-18 The Portland Business Journal's Executive Profile for the November 18, 2011 edition features Bernard Gehret, Co-founder of Joseph Bernard, LLC. Thu, 2011-11-17Residents will fight tooth and nail over a raised rent. However, there is a way to increase revenue while keeping rents stagnant. And—bonus!—it’s also good news for the environment. Wed, 2011-11-16With economic recovery has come an increase in household formation, which has risen 1.1 million to 112.5 million and of that increase all has been from those who rent. Tue, 2011-11-15 We are pleased to announce the sale our exclusively listed Pier 426 Apartments, located at 426 NE 75th Avenue in Portland, Oregon. Tue, 2011-11-15Demand for rental apartments is booming as more Americans either can’t or don’t want to buy their own home, according to participants at the Bloomberg Commercial Real Estate Summit in New York. Mon, 2011-11-14Even though the European debt crisis is on the minds of commercial real estate investors and the job picture isn't looking like it's going to get a whole lot brighter any time soon, it doesn't look like the multifamily sector is losing steam. Fri, 2011-11-11 With new construction of apartment units down about 90 percent from past averages, the demand is strong and will be for years. Thu, 2011-11-10We are pleased to announce that our exclusively listed Tek View Apartments, an 8 unit community in Beaverton, Oregon is now sale pending. Wed, 2011-11-09Economic indicators seem to be flashing signs of continued improvement for the apartment industry in 2012. Tue, 2011-11-08 We are pleased to announce the sale of our exclusively listed Sunrise Apartments, a 23 unit community located in Beaverton, Oregon. Tue, 2011-11-08The apartment industry greatly outperformed the underachieving U.S. economy in 2011. In 2012, multifamily housing should continue to thrive as the country hopes to shed its muddling ways and move toward prosperity. Mon, 2011-11-07 Portland State University honored Evan Abramowitz on November 4, 2011 at the Center for Real Estate's Open House Reception. Mon, 2011-11-07As the entire apartment market continued to tighten in the third quarter, rental data said one group of apartments is coming on strong. And it wasn’t necessarily the Class A sector that one would expect. Fri, 2011-11-04The multifamily housing market is expected to see a multi-billion dollar boost as millions of home owners who were foreclosed upon are now forced to rent, according to a new report by Morgan Stanley. Thu, 2011-11-03Protracted Economic Distress in Housing Sector has Created Legions of Renters in New Markets and New Age Groups. Wed, 2011-11-02Strong growth of rents and occupancy levels of rental apartments have pushed some multifamily property values to all-time highs as more and more Americans shift away from homeownership. Tue, 2011-11-01A new report finds that many real-estate trends will be driven by the values and preferences of Generation Y, a group now in their teens through early thirties. Mon, 2011-10-31Multifamily was on everyone’s mind at the ULI Fall Meeting in Los Angeles, where the apartment market might well be said to have been the star of the event. Fri, 2011-10-28Despite economic uncertainty, the apartment transaction market remained strong in the third quarter, according to New York–based commercial real estate research firm Real Capital Analytics (RCA). Thu, 2011-10-27That’s what 2011’s final score will be, according to Freddie Mac’s latest outlook for 2011, as vacancy rates shrivel and sales struggle to stay even with last year’s tax credit boom and bust. Wed, 2011-10-26With rental demand rising and apartment economics improving, the multifamily sector is a positive signal for the U.S. housing industry. Tue, 2011-10-25The U.S. Apartment sector again posted robust revenue growth in Q3 2011...National occupancy climbed 0.6 percentage points during the past three months, and effective rents jumped 1.6 percent. Mon, 2011-10-24There’s no doubt: Multifamily is best poised to lead the real estate sector toward a recovery. Fri, 2011-10-21All the trends are heading in the right direction for multifamily. That was the consensus of panelists at RealShare Apartments 2011, where more than 1,400 top executives gathered to look at every facet of the multifamily market. Thu, 2011-10-20We are pleased to announce our exclusively listed Cesar Chavez Apartments, 11 units located close-in, are now sale pending. Wed, 2011-10-19We are pleased to announce that our exclusively listed Sunrise Apartments, a 22 unit community located in Beaverton, Oregon, is now sale pending. Tue, 2011-10-18 We are pleased to announce the sale of the 119th Avenue Apartments, located at 3540 SE 119th Avenue in Portland, Oregon. Tue, 2011-10-18Despite the most affordable buying market in decades, households across the country are slowly choosing rentals versus homeownership, signaling a positive economic trajectory for the multifamily sector. Mon, 2011-10-17Joseph Chaplik is a routine guest speaker on the Business Briefing show with Brian Bushlach, Sunday afternoons on 101.1FM KXL Fri, 2011-10-14Americans continued to shun home ownership in the third quarter and construction remained tight, fueling rent increases and pushing the average apartment vacancy rate to its lowest level in more than five years. Thu, 2011-10-13 The apartment sector has been the notable exception to the prevailing patterns of uneven net absorption and rent gains that coincide with businesses’ hesitancy in hiring. Wed, 2011-10-12The shift to renting over home ownership may not be permanent, but "Renter Nation" optimism continues to dominate amongst attendees of the 2011 Multifamily Executive Conference. Tue, 2011-10-11According to DLA Piper’s 2011 State of the Market survey, multifamily is the most attractive investment opportunity for real estate. Mon, 2011-10-10We are pleased to announce our new exclusive listing for the Greenfaire Court Apartments: a 13 unit community located on 148th and East Burnside Street in Portland, Oregon. Mon, 2011-10-10 “So far it’s been great,” student Evan Abramowitz said of the courses. He’s been impressed by the quality of the professors, including many professionals, and guest speakers who bring very current, practical information. Fri, 2011-10-07U.S. apartment vacancies fell to a five-year low in the third quarter, enabling landlords to increase rents even as tepid job growth slowed leasing in what is usually a strong season for demand. Thu, 2011-10-06 Bernard Gehret will join a panel of speakers who will review the results from the latest Apartment Survey and share their valuable insights concerning various metropolitan markets. Thu, 2011-10-06The apartment sector, which is leading the rebound of the commercial real estate industry, is in the midst of transition, and it’s the growing population of young professionals that is spurring the change. Wed, 2011-10-05MPF Research reports that the U.S. apartment sector again registered robust revenue growth in this year's third quarter. Tue, 2011-10-04If you’re an apartment owner in the United States, get ready for the golden age. Since hitting recessionary lows in 2006 and 2007, average rents, which were up to 30 percent off peak values, have climbed back, despite a tepid economy and weak job growth. Mon, 2011-10-03We are pleased to announce that the Calico Court Apartments in Beaverton, Oregon are now sale pending. Mon, 2011-10-03 Joseph Bernard, Inc is proud to be recognized as one of Oregon's 2011 Top Corporate Philanthropists by the Portland Business Journal. Fri, 2011-09-30Shifts in both economic and demographic factors have led to increased demand for residential rental space, indicating the sector may have moved past recovery and into expansion. Thu, 2011-09-29We are pleased to announce that the Knott Street Apartments, 5 units located in Canby, Oregon, are now sale pending. Wed, 2011-09-28Top-line revenue growth numbers for apartments remain terrific, despite the struggles seen in the general economy. Tue, 2011-09-27We are pleased to announce that the Farmington Townhome Apartments, 62 units located in Beaverton, Oregon, are now sale pending. Mon, 2011-09-26Talk about an optimistic bunch. Multifamily finance professionals are all smiles when it comes to their upbeat outlook for the early part of the next great cycle... Fri, 2011-09-23Multifamily finance professionals are growing increasingly optimistic, budgeting for continued growth in 2012 as the industry plots its course through the early stages of a strong recovery. Thu, 2011-09-22We are pleased to announce the next edition of the Apartment Investor Series: Maximize Your Financing - The 7 Absolutely Critical Things to Do Prior to Financing an Apartment Building. Tue, 2011-09-20 Joseph Chaplik is a routine guest speaker on the Business Briefing show with Brian Bushlach, Sunday afternoons on 101.1FM KXL. Mon, 2011-09-19Apartment communities are effectively communicating this to residents during renewals and are investing the additional revenue into property improvements and are rewarding investors. Wed, 2011-09-14HUD announced that $25 million is available through its new Multifamily Energy Efficiency Pilot program. Once awarded, these grants will help develop new innovative approaches for multifamily residential properties to reduce their energy consumption, lower greenhouse gas emissions, while saving money for the residents, property owners and taxpayers. Tue, 2011-09-13 We are pleased to announce the sale of the King's 5 Apartments, an 18 unit community located at 1684 8th Avenue in West Linn, Oregon. Tue, 2011-09-13Over the last year value-add rehabs have come back into the spotlight as rent growth resumed in earnest. Mon, 2011-09-12 We are pleased to announce the sale of the Corbett Landing Apartments, 10 units located at 6425 SW Corbett Avenue in Portland, Oregon. Tue, 2011-09-06The rise in loans for multifamily units reflects an underlying trend in demand for rental property. Fri, 2011-09-02Apartment landlords appear to be among the only commercial property owners able to sign new tenants amid the sluggish economy. Fri, 2011-09-02The multifamily sector of the real estate industry is experiencing a healthy recovery, and is poised to register increases in average rents both this year and next. Thu, 2011-09-01Freddie Mac plans to accelerate its program to purchase loans backed by apartment buildings, increasing the availability of financing for landlords and helping to bolster the multifamily real-estate market. Wed, 2011-08-31Now more than ever, natural disasters have become the harsh reality for multifamily owners and operators throughout the country. Have you prepped your multifamily community for a disaster and its aftermath? Fri, 2011-08-26It's the other side of a sluggish home-sales market: Apartments are getting harder to come by in the Portland area, already known for its tight rental market. Fri, 2011-08-26Even in cases where it might make more financial sense — or it might actually be cheaper on a monthly basis to own a home rather to rent one, a lot of people are not making that purchase. The trend that we're on is going to continue." Thu, 2011-08-25 Even as the national economy struggles, some regions anticipate future prosperity. Thu, 2011-08-25The multifamily investment numbers were a bright spot in an otherwise glum report Fannie Mae’s Economics & Mortgage Market Analysis Group on the state of the U.S. economy. Tue, 2011-08-23For the owners of rental apartments, expenses have generally gone down, while gross rents are up, according to a new study by the Institute of Real Estate Management. Mon, 2011-08-22Foreign investment in U.S. multifamily continues to heat up, despite a 25-year-old tax law that imposes stiff penalties on cross-border investors. Fri, 2011-08-19Builders starting on new apartments are busier than ever these days as demand for rentals climbs and the once-sacrosanct American dream of home ownership fades. Thu, 2011-08-18 Investors continue to prefer U.S. apartment buildings over most commercial properties as total multifamily sales volume jumped nearly 80% in the second quarter over the same perioud last year. Wed, 2011-08-17 We are pleased to announce the sale of our Exclusive Listing for the Mt Hood Townhomes, 8 units located in Sandy, Oregon. Wed, 2011-08-17Survey results show that in spite of the fact people believe rental prices will rise in the next year, those who would rent their next home rose while those who would buy fell. Mon, 2011-08-15We are pleased to announce our new Exclusive Listing for the Calico Court Apartments, 8 units located in Beaverton, Oregon. Fri, 2011-08-12 While it may be an exaggeration to say the American Dream of homeownership is dead, it's a fact that more and more Americans are choosing to rent. Thu, 2011-08-11Such sunny conditions have been fairly uncommon since the survey began in 1999, since this is only the fourth time ever that all the indexes have been above 70... Tue, 2011-08-09“Demand for apartment residences continues to rise, even as the overall economy remains hampered by the aftermath of the housing bubble..." Mon, 2011-08-08“The outlook for multifamily fundamentals is decidedly positive,” the report says. “The economic environment, while uncertain, will continue to favor apartment landlords.” Fri, 2011-08-05 We are pleased to announce the sale of the Gladstone 9-Unit Apartments located at 4041 SE Gladstone Street in Portland, Oregon. Thu, 2011-08-04Apartment market conditions continue to improve across the board, according to the National Multi Housing Council's (NMHC) latest Quarterly Survey of Apartment Market Conditions. Wed, 2011-08-03 Portland, Oregon 1 of 4 markets in the country that ranked above 94 out of 100 for apartment market health. Tue, 2011-08-02The nation’s apartment market continues to beat expectations as it speeds along to a full-scale recovery. Fri, 2011-07-29 We are pleased to announce that Joseph Bernard Investment Real Estate
was named on the annual OR Business Magazine Commercial Real Estate
POWERLIST.
Thu, 2011-07-28 The commercial real estate market is showing increased signs of stability, led by burgeoning demand for apartments, according to a report issued Monday by Moody's. Thu, 2011-07-28The apartment sales recovery continued into the second quarter, according to New York-based commercial real estate data provider Real Capital Analytics (RCA). Wed, 2011-07-27Landlords of Portland, rejoice. Although the city’s residential real estate market remains in the doldrums, the rental market is flourishing. Tue, 2011-07-26 We are pleased to announce our exclusive listing for the Simpson Street Apartments, an 8 unit senior community in Salem, Oregon. Mon, 2011-07-25Homeownership rate now below 60%; opportunity for real estate investors? Fri, 2011-07-22The apartment market segment of the U.S. went to a near-record income increase performance in the second quarter of 2011... Wed, 2011-07-20 We are pleased to announce the sale of our exclusively listed Fairway Apartments, located at 12430 NE Glisan Street. Tue, 2011-07-19The nation's apartment sector recorded revenue growth of 2.4 percent in the second quarter, with effective rents rising 1.7 percent and occupancy climbing to 94.2 percent. Fri, 2011-07-15 We are pleased to announce the sale of the Marlo Manor Apartments, 12 units located in Salem, Oregon.
Fri, 2011-07-15What a report card! Another quarter, another round of impressive rent fundamental numbers in the apartment sector, with rent growth continuing, particularly increasing its pace in secondary markets as occupancies return to pre-recession highs. Wed, 2011-07-13The nation's apartment owners are currently enjoying declining vacancies and rising rents. Tue, 2011-07-12“The ongoing recovery and tightening vacancies continue to generate greater pricing power on the part of landlords...Vacancies should continue to decline while rents rise at an even faster pace than we observed in the first half.” Mon, 2011-07-11 We are pleased to announce the sale of the Fessenden 7-Unit Apartments, located at 7403 N Fessenden Street in Portland, Oregon. Mon, 2011-07-11MPF Research's Greg Willett expects the national apartment occupancy rate will increase to approximately 95 percent by this time next year, which will almost certainly mean an increase in monthly rents. Fri, 2011-07-08Effective rent is up 2.4 percent over the past 12 months, a sign that landlords are trimming concessions and enjoying greater bargaining power. Thu, 2011-07-07Multifamily buildings are leading the industry’s recovery. They had the lowest average cap rate in the second quarter at 6.1 percent, down 1.6 percent from a year earlier. Wed, 2011-07-06Many Americans are uncertain about the future of housing, so more are renting rather than buying a home — even if the cost of renting is rising at a clip. Tue, 2011-07-05The U.S. apartment sector turned in a near-record revenue growth performance in the second quarter of 2011... Fri, 2011-07-01Based on results year-to-date, Axiometrics estimates that effective rents will rise 5.9% in 2011, which would be the largest annual increase since a rate of 5.8% in 2005. Thu, 2011-06-30How great is it to be in the apartment industry right now? “I think the next three to five years will be the best that our industry has ever seen..." Mon, 2011-06-27 We are pleased to announce the sale of our exclusive listing for the Donna's Place Apartments located in Forest Grove, Oregon. Mon, 2011-06-27More apartment owners are optimistic about their properties this year, enough to start raising rents, according to a recent survey by credit agency TransUnion. Fri, 2011-06-24A growing number of Americans either can't afford a home or don't want to own one, a trend that's spawning a generation of renters and driving new apartment construction. Thu, 2011-06-23We are pleased to announce that our exclusively listed King's Five Apartments, 18 units located in West Linn, Oregon, are now sale pending. Thu, 2011-06-23"As we have previously predicted, the U.S. apartment market has been recovering at an astounding pace...The sector will continue to benefit from the growing preference for renting over homeownership as well as rapid growth of the young adult population." Wed, 2011-06-22Despite a skittish U.S. economy, most commercial real estate investors remain upbeat and cautiously optimistic about the industry's future, with very few being dissuaded from eagerly acquiring assets and seeking opportunities across all commercial real estate sectors. Tue, 2011-06-21"...the rental market has clearly strengthened and homes sales are above last year's pace. Look for a gradual but substantive improvement in housing activity in the coming year." Tue, 2011-06-14"Multifamily continues to be one of the brighter spots in housing," said NAHB Chief Economist David Crowe. "Not only is the overall index on the rise, the market-rate rental component has improved dramatically. Mon, 2011-06-13 We are pleased to announce the sale of our exclusive listing for the Chardonnay Apartments, 21 units located in northwest Portland. Fri, 2011-06-10 We are pleased to announce our exclusive listing of the Fessenden Court Apartments: 9 units located in the St Johns Neighborhood of North Portland, Oregon. Thu, 2011-06-09We are pleased to announce our exclusive listing of the Cape Cod Apartments: 10 units located close-in in NE Portland, Oregon. Mon, 2011-06-06 We are pleased to announce the sale of our exclusively listed Broadway Street 8-Unit, located at 7408 NE Broadway Street. Thu, 2011-06-02 We are pleased to announce the sale of our exclusive listing "Roger's Plaza Apartments", 16 units located at 615 SE 187th Avenue. Tue, 2011-05-31A new report points to continued growth in the U.S. apartment market over the next two years. Fri, 2011-05-27Prices for rental apartments are expected to rise nationally – by approximately 4.5% in 2011 and up to another 3% in 2012, according to Rent.com. Thu, 2011-05-26The apartment rental market, according to the NAR in its latest “Commercial Real Estate Outlook,” will continue to tighten as household formation grows. Multifamily vacancy rates should drop from 5.8 percent in the current quarter to 4.7 percent in the second quarter of 2012, the report posits. Wed, 2011-05-25The improving economy and job creation mean growing demand for commercial real estate, according to the National Association of Realtors®. Mon, 2011-05-23National Multi-Housing Council president Douglas Bibby believes that today’s market offers an impressive trifecta for those in the multi-family business. Thu, 2011-05-19Investor 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. Wed, 2011-05-18We are pleased to announce our exclusive listing for the Mt Hood Townhomes: eight units located in Sandy, Oregon. Tue, 2011-05-17“Overall, economic growth may have slowed in the first quarter, but that news didn’t make it to the multifamily sector"...The numbers tell the story of a strong industry. Mon, 2011-05-16The 2011 Apartment Market is Sizzling! We invite qualified investors to attend our exclusive event: The Apartment Insider Report. Mon, 2011-05-16Apartment rents and occupancies are likely to continue to rise as the U.S. home and labor markets remain depressed, economists say... Mon, 2011-05-16 Joseph Chaplik is a routine guest speaker on the Business Briefing show with Brian Bushlach, Sunday afternoons on 750 KXL AM. Fri, 2011-05-13 Portland’s multifamily market has been turning a lot of heads this year, as institutional investors double down and vacancies trend below 4 percent. Thu, 2011-05-12The Portland apartment rental market is already ranked the nation's tightest, though other national markets are not far behind.
Wed, 2011-05-11Apartment rents are rising at their fastest pace in years as the U.S. economy creates jobs and spurs demand for rental housing. Tue, 2011-05-10 According to data released by the U.S. Census Bureau, the Portland-Vancouver-Beaverton area had the lowest vacancy in the entire country. Mon, 2011-05-09 Joseph Chaplik is a routine guest speaker on the Business Briefing show with Brian Bushlach, Sunday afternoons on 750 KXL AM. Mon, 2011-05-09"The apartment industry rebounded strongly in 2010 as demand for apartment residences outpaced the sluggish recovery in the job market nationally,” said Mark Obrinsky, NMHC’s chief economist. Fri, 2011-05-06We are pleased to announce our exclusive listing for the Chardonnay Apartments, 21 units located at 2162 NW Everett Street in Portland, Oregon. Fri, 2011-05-06 We are pleased to announce the sale of the Four Seasons Apartments, located at 4061 SE Gladstone Street in Portland, Oregon.
Thu, 2011-05-05 Portland has the nation’s tightest apartment market, according to figures released this week by the U.S. Census Bureau. Thu, 2011-05-05The apartment industry’s recovery continues briskly, according to the National Multi Housing Council's (NMHC) latest Quarterly Survey of Apartment Market Conditions. Wed, 2011-05-04We are pleased to announce that we are currently sale pending for a seven unit property located at 7403 N Fessenden Street in Portland, Oregon. Mon, 2011-05-02 Joseph Chaplik is a routine guest speaker on the Business Briefing show with Brian Bushlach, Sunday afternoons on 750 KXL AM. Mon, 2011-05-02Investors who purchase apartment buildings, perhaps as part of a retirement portfolio or estate plan, are seeing better deals now than at any time in the past decade. Fri, 2011-04-29The Great Debate: Buy vs. Rent. Demand for storage and apartments is increasing even as rental rates go up. Thu, 2011-04-28Further evidence Portland’s apartment market is reaching the overheated stage: The city ranks fourth in the nation for growth in apartment rents. Thu, 2011-04-28 Joseph Chaplik, president of Joseph Bernard, LLC, is a proud board member for Ronald McDonald House Charities. We are pleased to support this invaluable charity by announcing this event. Thu, 2011-04-28 Across the country, apartments are filling up and owners are boosting rents as more renters, feeling better about the economy and their jobs, are moving out of their parents' home or ditching a roommate. Wed, 2011-04-27Whether measured month-to-month, year-to-date, or annually, effective rent growth in the apartment market has been even stronger in the first quarter of 2011 than it was in the surprisingly robust first quarter of 2010, according to a report issued by Axiometrics Inc. Tue, 2011-04-26 U.S. apartment vacancies dropped to the lowest in almost three years in the first quarter as the weak homebuying market fueled demand in what is usually a slow period for rentals, according to Reis Inc. (REIS)
Fri, 2011-04-22 The Portland Business Journal's Executive Profile for the April 22, 2011 edition features Joseph Chaplik, President of Joseph Bernard, LLC.
Fri, 2011-04-22That's becoming one of the most-asked questions in the apartment industry. And so far, most apartment owners aren’t answering yes. It’s more like “I don’t know.” Thu, 2011-04-21 Portland’s rental market technically is not “red hot,” but figures released Thursday morning by the Metro Multifamily Housing Association suggest it’s getting close.
Thu, 2011-04-21 The vacancy rate for U.S. apartments posted a steep decline in the first quarter and rents crept higher as the job market improves and many Americans remain unwilling or unable to buy a home. Wed, 2011-04-20Expected to lead the apartment market’s recovery are the so-called Echo Boomers. Whether it’s because they are disillusioned by the housing crisis, lack job security, can’t qualify for a mortgage, or prefer the mobility, this group is being hailed as the next renter nation. Tue, 2011-04-19We are pleased to announce our exclusive listing for Donna's Place Apartments, eight units located just two blocks from Pacific University in Forest Grove, Oregon. Fri, 2011-04-15Apartment rents will continue to go up nationwide as people wait to buy homes. As Americans have lost their homes or continue to put off buying a home, there are more renters than ever. Thu, 2011-04-14...the long-term outlook for the apartment market -- both from a demographic and well as a public policy point-of-view -- is extremely good, the Freddie Mac executive told a conference session. "The trends favor lending and owning multi-family." Wed, 2011-04-13 We are pleased to announce that our exlusive listing for the Rockwood Apartments, 18 units located at 801 SE 190th Avenue in Portland, is now sale pending.
Tue, 2011-04-12 Vacancy in apartment buildings fell to the lowest rate in more than two years in the first quarter, setting the stage for fewer choices and higher rent for tenants. Mon, 2011-04-11 Portland is named one of Kiplinger's "Top 11 Comeback Cities for 2011"
Mon, 2011-04-11 We are pleased to announce the exclusive listing for the Loreto Apartments, a 21 unit community located in North Portland.
Fri, 2011-04-08 We are pleased to announce the sale of our exclusive listing for the Irving Triplex, located at 2120 NE 7th Avenue in Portland, Oregon.
Fri, 2011-04-08National and local rent reports for the first quarter of 2011 are showing more good news for the multifamily real estate sector, with upticks in occupancy and continued gains in effective rents (rents net of concessions) in practically every major metro in the country. Thu, 2011-04-07The Obama report tilts the government's playing field towards rental housing. The proposal applauds Fannie and Freddie for providing financing to "the middle of the rental market," and says it is "critical to find ways to maintain funding to this segment of the market." Wed, 2011-04-06 We are pleased to announce our exclusive listing for the Lafayette 5-Unit is now sale pending.
Fri, 2011-04-01
Joseph Chaplik, President and Principal Broker of Joseph Bernard Investment Real Estate, will be speaking at the upcoming NW Real Estate Investors Association general meeting on Thursday, April 7, 2011. Thu, 2011-03-31 "2010 was a strong year for rent growth, but the data in these first two months indicate 2011 could be the best year since we started reporting on the apartment market in 1996,” said Ron Johnsey, president of Axiometrics Inc.
Wed, 2011-03-30 We are pleased to announce the sale of 7 units located at 3401 SW First Avenue in Portland, Oregon.
Tue, 2011-03-29 "Rental housing might be the one bright spot in real estate,” says Stephen Melman, director of economic services at the National Association of Home Builders in Washington, DC. Mon, 2011-03-28 We are pleased to announce that our exclusive listing for the Broadway 8-Unit is now sale pending.
Fri, 2011-03-25 If you're apartment hunting in a market as sizzling as this one, it may be best to sign up now. Article written by Wendy Culverwell of the Portland Business Journal. Thu, 2011-03-24 We are pleased to announce the sale of our exclusive listing for the Burnside Station Apartments, 43 units located at 18200 NE Couch Street in Portland.
Wed, 2011-03-23Apartment owners can be excused if they feel like gloating. Many of them watched in amazement as homeownership rates reached a record high of 69 percent, and young families could get a mortgage even if they could not qualify for a lease. Now, the pendulum is swinging the other way, and the apartment business looks primed for a powerful resurgence. Tue, 2011-03-22 As NMHC/NAA predicted, the issue of GSE reform will be the subject of many hearings in this Congress. Three hearings have been held already in the House, and on March 15, the Senate Banking Committee held its first hearing. Mon, 2011-03-21 We are pleased to announce the sale of our exclusive listing for the Rosewood Park Apartments, 16 units located at 16836 SE Stark Street.
Fri, 2011-03-18 Renters are coming back to the housing market, and they'll force rents much higher. Thu, 2011-03-17 We are pleased to announce the sale of our exclusive listing for a 5-unit property at 1806 Elm Street in Forest Grove.
Fri, 2011-03-11 We are pleased to announce that our exclusive listing for the Terri Lee Apartments is now sale pending.
Thu, 2011-03-10 We would like to congratulate Bernard Gehret for receiving the Commercial Association of REALTORS® Investment Broker of the Year award.
Tue, 2011-03-08We are pleased to announce that our exclusive listing for the 162nd Avenue Apartments is now sale pending. Tue, 2011-03-08We are pleased to announce the sale of our exclusive listing located at 3709 SE 91st Avenue. Mon, 2011-03-07Having questioned over 1,800 visitors to the Apartments.com website in January about their residential plans for 2011, the national apartment Internet listing subscription service discovered that an increasing number of current and prospective apartment dwellers will be on the move this year. Twenty percent of the survey participants are current homeowners, and of that group, 32 percent are first-time renters. Thu, 2011-03-03We are pleased to announce the pending sale of a 7 unit property located at 3401 SW First Avenue in Portland, Oregon. Tue, 2011-03-01We are pleased to announce our exclusive listing for 9 units located at 7928 N Fessenden Street is now sale pending. Mon, 2011-02-28Property owners are increasingly selective because demand for rental apartments is especially high right now, said Phillip Barry, an apartment broker at Joseph Bernard LLC. He also co-authors "The Barry Apartment Report," a seasonal newsletter that reports on economic trends for local industry professionals. Mon, 2011-02-21Joseph Chaplik is a routine guest speaker on the Business Briefing with Brian Bushlach on 750 KXL AM on Sunday afternoons. Listen to the show here. Mon, 2011-02-21Despite a much smaller base of transactional volume than existed four years ago because of tighter underwriting standards, CRE values have stabilized and capital has returned to the market, with multifamily properties poised to be one of the main beneficiaries of the trend. Fri, 2011-02-18We are pleased to announce the sale of the Briarwood East Apartments, a 22 unit community located at 3302 SE 122nd Avenue in Portland. Thu, 2011-02-17We are pleased to announce that our exclusively listed Vintage 5-Unit located in Forest Grove is now sale pending. Tue, 2011-02-15National Multi Housing Council (NMHC) President Doug Bibby issued the following statement concerning today's release of the Obama Administration's proposal for reforming Fannie Mae and Freddie Mac. His statement is on behalf of NMHC and its joint legislative partner, the National Apartment Association. Fri, 2011-02-11We are pleased to announce the pending sale of the Cathedral Park Apartments, a 20 unit community located at 8820 N Ivanhoe Street in the St John's neighborhood of N Portland, Oregon. Thu, 2011-02-10The Mortgage Bankers Association (MBA) issued positive assessments of the economy, job creation and financing activity during the annual MBA Commercial Real Estate Finance/Multifamily Housing Convention & Expo this week. Wed, 2011-02-09The Obama administration released a plan late last week to encourage commercial properties to be more energy- and resource-efficient, a move that has been welcomed by two multifamily industry organizations as well as the U.S. Green Building Council, the nonprofit that oversees sustainable building standards. The plan addresses the fact that commercial properties, including multifamily residential structures, use about 20 percent of all the energy used in the United States. Tue, 2011-02-08Fannie Mae and its Lenders Financed Approximately $17 Billion in 2010, Ensuring Reliable, Sustainable Liquidity to the Multifamily Rental Housing Market. Mon, 2011-02-07Apartment markets began to see strong improvements starting at the beginning of 2010, as a result of increasing demand meeting limited supply. Fri, 2011-02-04The economic recovery might be uneven and slower than everyone wants, but it’s a comeback nevertheless, and in the near- and mid-term, it will help an already thriving U.S. multifamily market. Thu, 2011-02-03Fannie Mae (FNMA/OTC) today announced the introduction of Fannie Mae Guaranteed Multifamily Structures, or Fannie Mae GeMSTM, an expanded multifamily mortgage-backed securities (MBS) execution that will include DUS Megas, DUS REMICs and syndicated DUS Megas. Wed, 2011-02-02Real Capital Analytics reported on Tuesday in its year-in-review of the U.S. apartment market that a gold rush mentality hit the apartment market last year as investors sought and bought properties. All together, apartment property investment sales mushroomed 96 percent in 2010 compared with 2009. Tue, 2011-02-01We are pleased to announce the sale of the Woodland Park Estates, a 74 unit community located at 1820 NE 104th Avenue in Portland, Oregon. Mon, 2011-01-24We are pleased to announce that our exclusively listed 7-Unit complex located at 3709 SE 91st Avenue in Portland is now sale pending. Wed, 2011-01-19We are pleased to announce the sale of a nine-unit property located at 7436 SW Fifth Avenue in Southwest Portland. This property sold for $825,000 at a 6.62% cap rate. Tue, 2011-01-18Rent growth for U.S. apartment properties was good in 2010, but it will be even better in 2011, according to projections by MPF Research, a division of RealPage Inc. Fri, 2011-01-07Last month's tax cut extension legislation (H.R. 4853), which extended the Bush-era tax cuts may have been controversial, but they brought some good news for the apartment and building industry, according to industry associations. Thu, 2010-12-30The Mortgage Bankers Association has released its Commercial Real Estate/Multifamily Finance Quarterly Data Book for the third quarter of 2010, and the organization posits that the real estate cycle is beginning to once again exert itself in commercial and multifamily property markets, and that, on the whole, multifamily is benefiting most from the recovery. Fri, 2010-12-17The positive vibe of the RealShare Apartments 2010 Conference is apparently long-lasting. Two months after the conference and with the elections behind us, professionals from all facets of the apartment industry seem to feel even better about the sector’s mid- and long-term prospects. Mon, 2010-12-13According to the National Multi Housing Council, apartment owners saw a 6 percent decline in insurance costs in 2010 compared with last year.... Wed, 2010-12-08A sharp increase in transaction activity for multifamily properties over the past year is indicative of strong investor interest in the sector, buoyed by improving fundamentals and demographic trends, which should support an increase in rental demand over the next few years. Tue, 2010-12-07With fire-prone winter months ahead, owners must reevaluate their landlord insurance policies to make sure specific expensive replacement items are covered. Wed, 2010-12-01We are pleased to announce that our exclusively listed Farmington Townhome Apartments is now sale pending. This 62 unit community is located just west of SW 185th Avenue on SW Farmington Road in Beaverton, Oregon. 
Tue, 2010-11-30We are pleased to announce the sale of the Ventura Park Condominiums: a 6 unit complex located at 604 SE 119th Avenue in SE Portland, Oregon. 
Mon, 2010-11-29Commercial real-estate prices rose in September, as measured by the Moody's/REAL All Property Type Aggregate Index, which posted a 4.3% increase. Mon, 2010-10-25Joseph Chaplik is a routine guest speaker on the Business Briefing with Brian Bushlach on 750 KXL AM on Sunday afternoons. Listen to the show here. Fri, 2010-10-22 We are pleased to announce the sale of the Garden Home 11-Unit Apartments, located at 7025 SW Garden Home Road in Portland, Oregon.
Thu, 2010-10-21 We are pleased to announce the sale of the Jamestown Apartments, a 21 unit complex located at 1200 E Powell Blvd. in Gresham, Oregon.
Tue, 2010-10-12We are pleased to welcome Cole Farris to our team at Joseph Bernard Investment Real Estate. With all of his background and experience in commercial real estate, Mr. Farris is a natural fit with our firm. Fri, 2010-10-08ForRent.com and its affiliate sites report a 65 percent increase in traffic during August 2010 compared with the same month in 2009, according to the company, which specializes in providing information to apartment seekers. This finding matches other recent reports, in particular by the National Multi-Housing Council, that characterize demand for apartments as increasing nationwide. Thu, 2010-10-07Landlords Expected to Benefit from "Catch 22" for Renters; Many are Unable to Qualify for a Mortgage Even as Single-Family Home Prices Tumble. Read the full article here. Mon, 2010-10-04Joseph Chaplik is a routine guest speaker on the Business Briefing with Brian Bushlach on 750 KXL AM on Sunday afternoons. Topics discussed on the October 3, 2010 show include a current apartment market update, how to choose the right broker, and much more. Tue, 2010-09-28We are pleased to announce the sale of a six-unit property located on the corner of N Rosa Parks Way and N Delaware Avenue. Read more here. Tue, 2010-09-21According to a new survey conducted by Apartments.com, a notable percentage of people actively looking to lease in today's market are not hunting because they have to rent, but because they want to rent. Article by Barbra Murray, Contributing Writer to Multi-Housing News Online. Wed, 2010-09-15We are pleased to announce the sale of an 8 unit apartment building located at 7816 N Portsmouth Avenue. The building was built in 1910 and featured individual storage units, on-site laundry, and a large parking lot. Tue, 2010-09-14ProSchools is proud to offer an exciting opportunity for ProSchools’ students to meet and interview with one of the top commercial real estate companies in Portland! Normally it takes years of experience for a real estate broker to be considered for this type of position. I met with Joseph Chaplik, President/Principal Broker at Joseph Bernard Investment Real Estate who will be attending our upcoming ProSchools’ Broker Fair . Joseph Bernard, LLC is a leading commercial real estate company located in Portland.... Wed, 2010-09-08Joseph Bernard Investment Real Estate is pleased to announce the sale of the Hunter's Highland Apartments, a 23 unit complex located in Gresham, Oregon. Read more about this transaction here. Fri, 2010-08-27Joseph Bernard, LLC is pleased to announce the sale of the Rancho Real Apartments, a 16 unit complex located in downtown Canby, Oregon. Read more here. Fri, 2010-08-20Joseph Chaplik - a guest speaker on the Business Briefing with Brian Bushlach on 750 KXL AM on Sunday, August 8, 2010. Listen Here. Fri, 2010-08-20Joseph Chaplik - a guest speaker on the Business Briefing with Brian Bushlach on 750 KXL AM on Sunday July 25, 2010. Listen to the radio spot here. Thu, 2010-08-12The Oregon Ethics in Business Award recognizes businesses and individuals in Oregon who have demonstrated exceptional ethical practices in the workplace, the marketplace, the environment, and the community. We are honored to be recognized among just four other businesses as finalists for this award. Thu, 2010-08-12We are pleased to annouce that Joseph Chaplik has been named a "Top Forty Under 40" by the Portland Business Journal. This award recognizes exceptional business leaders under the age of forty in Oregon. Tue, 2010-08-10Commercial real estate investments in the US are likely to see stiff losses in the months ahead, as the lingering effects of the economic downturn come to fruition. This will deal a particularly heavy blow to the life insurance industry. With mounting delinquencies in commercial mortgages and the value of commercial property down 40% since the credit crisis began, companies will need to tap into capital to surmount setbacks. For more on this, see the following article from Property Wire. Tue, 2010-08-10By: Reuters US mortgage delinquency rates and the percentage of loans that entered the foreclosure process jumped in the third quarter, with both reaching record highs, the Mortgage Bankers Association said on Thursday. The percentage of loans on which foreclosure actions were started rose to 1.42 percent in the third quarter, an all-time high, up from 1.36 percent in the second quarter and 1.07 percent in the third quarter of 2008. Tue, 2010-08-10Groups will represent the apartment industry on the national, state and local level. Tue, 2010-08-10Washington Business Journal - by Tucker Echols Staff Reporter Recent enthusiasm for the housing market is waning. The latest reports show mortgage applications and new home construction on the decline. Tue, 2010-08-10Nashville Business Journal - by Eric Snyder Staff Writer Nashville real estate professionals don’t necessarily agree on what it all means, but the FDIC got everyone’s attention when it recently issued new guidance on commercial real estate loan workouts. Tue, 2010-08-10Portland Business Journal - by Jeff Clabaugh Contributing writer Despite falling housing prices, the limits on what are considered conforming mortgages won't change for 2010. Tue, 2010-08-10Sheryl-Nance Nash What's most striking about the commercial real estate market is how quiet it is.
"It's like a storm is brewing and it has everyone standing on the sidelines," says Bob Spratt, president of commercial real estate firm Hill Partners Inc. Tue, 2010-08-10The commercial real estate market is a mess. Tue, 2010-08-10Real estate professionals are less confident the industry will improve in 2010. A quarterly survey by LoopNet Inc. (NASDAQ: LOOP) found only 50 percent of respondents expect the volume of commercial real estate transactions to rebound in 2010. In July, 66 percent expected a 2010 recovery. The survey was conducted with more than 1,000 real estate brokers, investors and owners and was conducted in late October. Tue, 2010-08-10Commercial real estate values around the country have dropped 35 percent from their peak in October 2007, according to Moody’s REAL Commercial Property Price Indices. The decline appears to be accelerating as the index dropped more than 15 percent during April and May. Transactional volume also fell along with value, which is showing signs of effects from distressed sales. “May marked a new low for both counts,” the report said.
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Awards
Oregon Ethics in Business
Fastest Growing Private 100 Companies
Top 40 Business Leader Under Forty - Joseph Chaplik
Investment Broker of the Year - Bernard Gehret
Commercial Real Estate POWERLIST
Top Corporate Philanthropy
Top Commercial Real Estate Firm
All Star Award for Advertising and Marketing Excellence
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