Portland’s Struggling Office Market and the Rising Cost of Declining Property Tax Revenues

As Portland enters 2026, a confluence of trends in the commercial real estate market is reshaping the city’s fiscal landscape. Office property sales at deeply discounted prices have resulted in millions in forecasted property tax losses — a shift that could have lasting implications for city services, public infrastructure, and economic stability.The Root Causes: Market […]

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Portland’s Affordable-Housing Paradox: Empty Units Amid Unmet Need

Recent reporting has uncovered a troubling disconnect in Portland’s housing landscape — even as tens of thousands of people struggle with housing insecurity, a substantial share of the city’s affordable units remain empty. Here’s what the data shows: A study from the real-estate analytics firm CoStar found that approximately 1,863 of Portland’s 25,409 affordable apartments — […]

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Portland “Trounced” In Latest Real Estate Survey – What Does That Mean For Owners And Investors?

Portland’s real estate market continues to be a topic of national debate. The latest Emerging Trends in Real Estate 2026 report by PwC and the Urban Land Institute (ULI) places the broader West region at the bottom of national investor sentiment rankings, with Portland joining several West Coast metros struggling to attract capital. Compounding the message, […]

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Portland’s Multifamily Market: Signs of Stabilization?

As we move into late 2025, Portland’s multifamily housing market is showing the first signs of balance after several years of disruption. According to the latest Multifamily NW Fall 2025 Apartment Report, the metro region is hopefully turning a corner—vacancy rates are stabilizing, rents are finding a floor, and transaction activity is picking up slightly […]

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Portland’s 2025 Rental Market: Spring Surge and Early Summer Slowdown

As we move through the summer of 2025, many Portland-area landlords and property managers are expressing a growing sense of frustration. The anticipated summer leasing rush has seemingly come and gone early — peaking unexpectedly in the spring and leaving many units lingering on the market into July. With leasing traffic softening and economic uncertainty […]

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Oregon Rent Increase Cap Set For 2025

In 2025, Oregon landlords will be allowed to raise rents by up to 10%, which is important information for both landlords and tenants.The Office of Economic Analysis, the state office that sets the maximum allowable rent increase, released the information last week.Oregon’s rent cap law applies to market-rate houses and apartments at least 15 years […]

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Portland Developers Involved in Upcoming Elections

Portland Mayoral Candidates Rene Gonzalez and Carmen RubioThe DJC reports that developers and other real estate leaders in Portland are taking sides in Portland’s upcoming election as their industry remains turbulent.While many national indicators point to an improving economy, Portland’s commercial and multifamily industries are still facing strong headwinds. Those headwinds? Shrinking population, concerning outlooks […]

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2024 Spring Apartment Report

NWV Group recently attended the Spring Apartment Report hosted by Multifamily NW. Our team appreciated hearing from several excellent speakers, including economist John Lehner, appraiser Patrick Barry and Portland mayoral candidate Rene Gonzalez. As many know, our local real estate industry as a whole has been tumultuous in recent years – residential sales, commercial leasing, […]

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