The annual inflation rate reached 4.2% this April. Soaring from 2.6% in March, this was well above the market forecast of 3.6%. As we watch these key performance indicators, it is important to keep a few things in mind: Year over year comparisons are upended as economic conditions this time last year were
Childcare Shortage in Central Oregon Worsens Amid Pandemic Shutdown Pre-Covid, the need for more childcare opportunities and facilities was a critical issue in Central Oregon. The current need is even greater with the combination of childcare businesses that shut down and the number of people relocating to the area. Estimated childcare slots declined
Broker Focus: Walt Ramage Walt’s foray into commercial real estate began as a state licensed assistant appraiser here in Bend. Driven by his interest in development and construction, he earned his Oregon Real Estate license in 2006. In 2007, Walt took on his first development: a four-acre site in the south end of
John Shelk, Managing Director of Ochoco Lumber Weighs in on Rising Lumber Prices Lumber prices have skyrocketed in the past year, making headlines across the nation and affecting home prices in a booming real estate market. From March of 2020 to May of 2021, lumber prices increased as much as 377% in some
(Bend, OR) May 17, 2021 – Don Myll, Area Director for the Economic Development of Central Oregon (EDCO), emailed brokers to urge them to reach out to their traded sector clients who may need to act soon in order to take advantage of tax incentives through Bend's Enterprise Zone. The Ezone program provides
(Bend, OR) May 17, 2021 – Karen Koppel, CCIM, Broker at NAI Cascade was awarded the Certified Commercial Investment Member (CCIM) designation by the CCIM Institute, one of the leading commercial real estate associations in the world. The CCIM designation is conferred upon commercial real estate leaders who have a proven record of success
The Southeast Area Plan (SEAP) is a comprehensive plan for 479 acres where 27th Street becomes Knott Rd., now known as the SE Elbow, in SE Bend. The Southeast Area Plan was initiated in the fall of 2018 and brought together property owners, area residents and other stakeholders to create a plan and
Karen Koppel represented Postal Connections in their lease of 2,886 SF of retail space at Bend River Mall. Karen Koppel and Jenn Limoges, CCIM represented the seller of the Ochoco Lumber office building on 200 SE Combs Flat Rd in Prineville. This property closed at $750,000. Jenn represented the buyer at 205 NW
NAI Cascade eNewsletter Published March 18, 2021 Click here to read about upcoming developments, the future of office and our broker focus.
The Bend Village Resort By Walt Ramage | March 17, 2021 7.61 acres of Mixed-Use zoned land located off of Century Dr., overlooking the Deschutes River has been approved for redevelopment. Purchased in 2018 (facilitated by Walt at NAI Cascade), this property is comprised of 3 tax lots, including the currently operating Pine
