Here's what's on our mind.
How the COVID-19 Pandemic Has Altered Commercial Leasing Forever
Lately, each day has brought more signs that pandemic restrictions are being loosened and the opportunity for a “return to normal” is growing.
Rent Assistance Lottery for Oregon Commercial Tenants Opens March 8
Starting March 8, small business owners in Oregon with 100 or fewer employees and who are behind on their rent can apply for a grant from Business Oregon, the state’s economic development agency. Grants are available for up to $100,000 per tenant…
Oregon Establishes Fund to Help Homeowners Pay Their Mortgages
On November 19, 2020, the Oregon Housing and Community Services Department (OHCS) announced a $20 million fund called the Oregon Homeowner Stabilization Initiative (OHSI) to help homeowners who are behind on their mortgage payments.
Last Coal-Fired Power Plant in Oregon Shuts Its Doors Forever
On October 15, 2020 at 11:56 a.m., Portland General Electric Company shut down the coal-fired Boardman electricity generating station for the last time. Boise-based Idaho Power, which serves customers in eastern Oregon, is a minority owner in the…
Oregon Eviction Ban Extended for Residential But Not Commercial Tenants
On September 28, Governor Kate Brown issued Executive Order 20-56. Citing the ongoing COVID-19 pandemic and the recent state wildfires, the Order extends the existing ban on eviction of residential tenants for non-payment of rent until December 31…
Real Estate Adapts to the New COVID Normal
Like most other industries, the real estate business was turned upside-down in March when the COVID-19 outbreak got real. Now that five months have passed and life with COVID-19 appears to be the new normal, some real estate trends are starting to…
Three Overlooked Ways to Reduce Development Costs
A recent study evaluated three overlooked steps that developers can take that will often result in surprising savings in development costs. The study focused on the development of wind energy generation facilities, but the lessons offered seem…
Oregon Clarifies State Jurisdiction Over Solar Energy Projects
On June 30, 2020, the Oregon Energy Facility Siting Council (EFSC) issued a permanent administrative order adopting rule changes to hopefully clarify when new solar energy projects in the state must get a land use permit from EFSC.
Oregon Legislature Extends Eviction Moratorium to September 30
On June 26, state lawmakers approved House Bill 4213 extending Governor Brown’s executive order temporarily prohibiting evictions of both residential and commercial tenants for non-payment of rent or other charges under a lease. Under the Governor’s…
COVID-19 Crisis Renews Interest in e-Notarization
Remote online notarization of documents, often called e-notarization, permits the execution of notarized documents via an audio-visual link between the signer and the notary. This eliminates the need for the signer and notary to be physically present…
The Lowdown on Commercial Leases in Oregon
A new infographic released by Cushman & Wakefield looks at the past 10 years of commercial real estate growth in Portland. With so much demand for office space from the multiple industries fueling our region's growth, I’m not surprised to see that 85…
Is Portland Really Requiring Private Developers to Provide Campsites for the Homeless?
The Portland Planning and Sustainability Commission proposed edits to the City’s Design Guidelines to require that the street frontage of some new commercial developments be designed with spaces for people to “rest,” which some interpreted as spaces…
Things to Think About for Commercial Cannabis Leases in Oregon
Commercial property owners and tenants often ask their lawyers for a "form lease." But no form will fit every situation, and this is particularly true when the tenant is a cannabis business. Because cannabis remains illegal under federal law…
The Building Blocks of Real Estate Development – Planning and Zoning
Our Real Estate Review miniseries continues with a look at the challenges developers often encounter due to local zoning and other land use regulations. In Oregon, zoning and permitting regulations are mostly set by local city or county governments…
There Really Is Enough Sunshine to Go Around, People
Crops need sun. Solar panels need sun. One would think there is enough sunshine, even in rainy Oregon, for everyone. But at the urging of some strict farmland preservationists, the Oregon Land Conservation and Development Commission recently adopted…
Federal Tax Law Drafting Error Punishes Commercial Developers
The Tax Cuts and Jobs Act, signed into law in December 2017, promised radical changes to the federal tax code. Many of its goodies were aimed and the real estate industry, but because of a critical drafting error, many commercial landlords and…
Despite Rumors that it often Rains, Oregon Really Is a Solar Paradise
The Oregon Department of Energy has created a web tool showing the phenomenal growth of solar energy in Oregon in the last 20 years. In 1999, 15 tiny solar facilities were all that existed in the state. By 2018 the state appears to be carpeted in a…
Oregon Adopts First in the Nation Rent Control Law
With the Governor's signature on Senate Bill 608 on February 28, Oregon became the first state with a statewide rent control law. The new law took effect March 1 and is applicable only to residential tenancies.