DJC Quotes Cliff Hockley – Portland’s multi-family market shows signs of life
On Tuesday, May 25, 2010 the DJC of Oregon quoted Cliff Hockley in the DJC Real Estate and Development – Portland’s multi-family market… article.
POSTED: Tuesday, May 25, 2010 at 02:50 PM PT
BY: Nick Bjork
BY: Nick Bjork
Copyright: http://djcoregon.com/
Industry professionals believe Portland could see a shortage of multifamily housing by next year.
The city has worked hard to attract a flock of young creative professionals, a demographic earmarked by a tendency to rent living spaces rather than buy them. But local multifamily developers, hampered by financing constraints and a lack of buildable land, may not be able to keep with the growing demand. Read more …
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