In this week’s roundup from Oregon Rent Control Central, we’re looking into the ways Oregon’s new rent control and eviction laws may affect owners of multifamily properties. Hear from René Nelson and Zoe York about the ways your property values and flexibility as a property owner may be affected. If you’re interested in making changes to the types of property you own, Rachel McLaughlin provides information about how a 1031 exchange may be advantageous. If the new law has you wondering about how you can manage situations with your tenants, Brian Cox examines no-cause evictions and the restrictions now in place. Make Oregon Rent Control Central your go-to source for information about how Oregon Senate Bill 608 will impact multifamily property owners.
Zoe York, MAI Appraiser
Rent Control Oregon: Potential Change to the Eugene, Lane County, OR, Market – Pacwest Commercial Real Estate
In the aftermath of the passage of Oregon Rent Control SB 608, Zoe York, MAI Appraiser with Duncan & Brown, takes a look at the impact of market trends and rent control on multifamily property cap rates and market value in Lane County, Oregon. Change takes time and it is dictated by the market.
René Nelson, CCIM, CRE
Rent Control Oregon: Market Trends for Multifamily Properties in Eugene and Springfield, OR – Pacwest Commercial Real Estate
Due to the passage of Oregon Rent Control Senate Bill 608, every multifamily real estate investor in Eugene and Springfield has decisions to make. Each person must decide what works for them, but should do so with an understanding of value and trends as well as what has occurred when rent control was implemented in other localities.
Rachel McLaughlin, Exchange Facilitator
Rachel McLaughlin, exchange facilitator with Cascade Title Company, examines the reasons to do a 1031 exchange, the benefits, and the steps of a successful exchange. If you’re a multifamily property investor and considering a switch into commercial real estate as a result of Oregon Senate Bill 608, understand the options available to you with an exchange.
Brian Cox, Real Estate and Property Management Attorney
Rent Control Oregon: Senate Bill 608 No Cause Eviction Notice and Lease Terms – Pacwest Commercial Real Estate
As a multifamily property owner, know the law regarding no-cause convictions under the new Oregon Senate Bill 608. Real estate and property management attorney Brian Cox discusses the exceptions to the new law and everything you need to know. Empower yourself so you can manage your multifamily properties.
“No investor should have to roll the dice on their financial freedom!™” When you are considering your options, get an expert on your team: René Nelson, CCIM, (541) 912-6583.
If you want more information about Oregon Rent Control SB 608, visit Pacwest Commercial Real Estate’s Oregon Rent Control Central for the latest information.
Due to the complex nature of these changes, Landlords should contact an attorney with any questions or clarification of Oregon Rent Control SB 608.