Download - Apartment Report Breakfast October 15, 2014 Greg Frick, Partner HFO Investment Real Estate
Transcript
Portland’s Strong Fundamentals
• Continued in-migration
• Low vacancy rates
• Strong Rent growth
• Job creation
Possible Party Fouls
• Interest rate and Cap rate increase
• Impact of new construction
• Wage stagnation
Look Ahead
• Institutional transactions: steady
• Non-institutional transactions: increasing
• Valuations increase due to NOI Increases