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Raising Rents

Apartment Boom in Portland, Oregon

A new residential development is growing in the Lloyd District in Northeast Portland, Oregon. By summer 2015, the area should see a complete transformation with the addition of the planned 660-unit development, which will range from tiny studios to penthouses and consist of nearly 60,000 square feet of retail space. To be called Hassalo on Eighth, the three-building development will be the first of four planned construction phases intended to completely redefine and bring new life to the area. To some this appears a positive indication of forward progress.

Advantages to Investing in Multifamily Apartments

Published July 19, 2010

First-time real estate investors prefer purchasing commercial properties, specifically multifamily apartments. It could be that they are familiar with renting out an apartment. Or they may find it comfortable to live in apartments. This is usually true in the case of single men and women. Married couples, on the other hand, prefer multifamly investment in contrast to other types of commercial properties because it provides them financial stability. Multifamily apartments help them pay their bills, costs, expenses, and even provides income at the same time.

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