Bend’s commercial real estate market is frequently described as insulated from many of the pressures affecting national markets: Demand is driven by steady in-migration tied to lifestyle. Limited land, slower entitlement processes, and infrastructure constraints effectively cap new supply. Construction costs remain high, in part because the local labor force must afford to live here,
The SE Elbow, a 479-acre UGB expansion area includes the most recent parcel to be annexed into the city. The annexation was unanimously approved by the city council and is now pending public appeal. On March 15th, Bend City Council annexed roughly 36 acres at the corner of Ferguson Road and Knott Road. North Peak
Amid rising rates and bank failures, commercial lending in Central Oregon marches on. The Federal Reserve raised the short-term interest rates by 25 basis points again in late March, matching the February increase, to hedge inflation. While the market was expecting perhaps 50-75 points according to Dr. Lawrence Yun, Chief Economist for the National Association
Published October 31, 2022 While the vast majority of CEOs believe that 2023 will see a 12-month downturn, even more are confident that their companies will see growth in three years. As such, investors should focus on their three-year plan and how they can capitalize on a downturn. As the rising rates and
Published October 31, 2022 NAI Cascade had the pleasure of representing Western Bus Sales, headquartered in Boring, Oregon, in their recent purchase of 2.06 acres off Kingwood and 15th in Redmond. President Mollie Blagg had the following to say about the acquisition: What are your plans for the site? Our second generation family
NAI Cascade eNewsletter Published July 20, 2022 Click here to read about our growing property management team, the next recession and new listings.
The question is no longer, “Is a recession imminent?” By definition, negative GDP for two consecutive quarters, we are in a recession. NAI Cascade brokers Walt Ramage, Jeff Reed, Chuck Brazer, Katy Haines, and Lynn Coker were in the industry in the Great Recession of 2008 so they sat down to discuss how this one
NAI Cascade broker, Jeff Reed, owns and represents several parcels in the Elbow and is a member of the SEAPAC Advisory Committee. As such, he is our resident "SE Elbow expert." He weighed in on the latest developments in SE Elbow: Development in this 479 acre expansion area will start from the top down. North
“Metaverse” is the latest buzz in the intangible world of digital assets like cryptocurrency and NFTs. So what is it? In the simplest sense, it is a 3D version of the internet. You can shop, interact with other people, play games, watch concerts, and hold meetings. Once launched, the metaverse will be accessible through virtual
As 2021 twilights, NAI Cascade brokers are gearing up to put more than $40,000,000 of property into contract before year end. Each of these transactions are off market, meaning the property wasn’t listed with a broker or advertised for sale. In an inflationary market, putting your money in real estate is the safest
