Here's what's on our mind.
HB 2009 Extends the Residential Foreclosure Moratorium, but Title Companies Are Concerned
On June 1, 2021, Governor Brown signed HB 2009 into law, extending the residential foreclosure moratorium, most recently extended by HB 4204 during the 2020 Special Legislative Session.
Portland City Council Passes the Residential Infill Project
Back in 2019, I wrote a blog post discussing how allowing so-called “middle housing” – duplexes, triplexes, and quadruplexes – could help alleviate Portland’s affordable housing crisis. The more units you have on a piece of land, the more you can…
New Law Prohibits Foreclosures in Oregon Until September 30, 2020
During the special session held between June 24 and June 26, the Oregon legislature passed, and Governor Brown signed into law, HB 4204, which prohibits foreclosures in Oregon from March 8, 2020 until September 30, 2020. It applies to both…
Commercial Real Estate and the Coronavirus Stimulus Bill
On Wednesday evening the Senate passed a $2 trillion stimulus package. What follows are some of the highlights of the bill that are most pertinent to commercial real estate.
Who Can Hold Real Estate in Oregon?
The field is wide open as far as what kind of entity can invest in and hold real estate in Oregon. And even though any legal entity may be used, most commercial real estate in Oregon is owned by a single-purpose entity, an LLC. If an entity is formed…
Due Diligence for Messy Commercial Property Purchases
As we continue our look at the legal environment for Oregon Real Estate we’re going to get a little messy and explore the due diligence recommended for buying property that may have environmental contamination. In the Sale and Purchase section of the…
How the Missing Middle May Help Create Affordable Housing
As discussed in my previous blog post, we need to find ways to build more housing if we are to make a dent in our affordable housing crisis. One solution being explored this legislative session, and by Portland City Council, is to end the ban on so…
Portland's Affordable Housing Crisis - What's Being Done?
The January 24, 2019 meeting of the Oregon Chapter of NAIOP, the Commercial Real Estate Development Association, featured a panel of affordable housing experts who described the root causes of the crisis, and what is being done to fix it.
In the Sharing Economy, Is All Real Estate Still Local?
The City of Portland has an Airbnb problem. Its citizens want to use Airbnb to earn income on real estate investments, but the City has valid concerns about safety, tax collection, non-discrimination, and Airbnb's impact on the availability of…