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January 2020

Register now: Commercial Impact Summit  


Join us on March 19th in Bend for a full day of timely topics in commercial real estate, including: disruption, adaptive reuse, splitting profits, legislative issues impacting the industry, developing a build-to-suit pro forma and more. Hear from national speakers – CCIM and SIOR instructors, as well as NAR and OAR staff and other experienced commercial practitioners. This event includes breakfast and lunch, as well as an evening networking reception. The Summit is free for COAR members and $75 for non-members. Attendees can earn up to 7 CEs.

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Next Commercial Marketing Meeting
The next commercial marketing meeting will be February 7th at 7:30 AM in the COAR Annex.

Commercial Transaction of the Year Application Open
On an annual basis the commercial committee at COAR selects a Commercial Transaction of the Year. The awardee is selected based on what the COAR member brought to the transaction including: professional skills, creativity, integrity, perseverance and value the transaction brought to the community. The requirements for the award are:
-Listing or Selling Broker nominated that is a member of COAR.
-The project is commercial in nature.
-The transaction was completed by December 31 of the prior year.
-Application deadline is February 28.
-In evaluating the transaction, the committee will use the following factors as scoring criteria: creativity, professional skills, integrity, perseverance, complexity of the transaction and community benefit.
Click here for the application.

Walt Ramage, 2019 COAR TOY Winner, recognized by NAR

Congratulations to Walt Ramage, winner of the 2019 Transaction of the Year Award (TOY), who was recently recognized by NAR in its list of 2019 National Commercial Awards Recipients.

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Most Oregon rent increases capped at 9.9% in 2020
According to state economists, rent increases will be capped at 9.9% through 2020, the first full year Oregon’s new rent control law will be in effect.

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EDCO hosting hemp industry happy hour in Prineville Feb 7th

On February 7th, EDCO-Prineville/Crook County is hosting a free happy hour and hemp industry event from 3:00 to 5:00PM at Room 1868 in Prineville. Hear from local companies/industry leaders and learn more about the industry growth happening in Central Oregon, along with what companies are expecting in 2020. Space is limited and registration is first-come, first-served – please RSVP to Kelsey Lucas at kelsey@edcoinfo.com by Wednesday, February 5th.

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The top 10 issues affecting real estate 
The Counselors of Real Estate (CRE) has identified the current and emerging issues expected to have the most significant impact on real estate, with U.S. infrastructure being the leading concern. 

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Opportunity Zones Tips & Tricks
Our latest educational video will help you learn all about how to navigate the map layer within RPR’s Qualified Opportunity Zones.

Have you signed up for the CO-CRE email list?

At the end of July, COAR announced a new member benefit specifically for commercial brokers – CO-CRE. CO-CRE is an email forum for commercial brokers designated specifically for commercial listings and opportunities. Share listings, haves, wants, opportunities, discussion – this is your forum to connect with fellow commercial brokers. CO-CRE is open to members of COAR. If you haven’t signed up yet, visit coar.com/co-cre to join.

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Commercial Newsletter and Publications

Commercial Real Estate ALERT Report
International Business Trends
Commercial Connections
Commercial Member Profile 2018
Commercial Digest
Commercial Real Estate Outlook
Commercial Real Estate Lending Trends
Commercial Real Estate Market Survey
RPR Conversations with Commercial Real Estate Pros
Marijuana and Real Estate: A Budding Issue
Expectations and Market Realities in Real Estate

Important Links for Commercial Practitioners

CCIM (Certified Commercial Investment Member)  NAR Commercial Information 
IREM (Institute of Real Estate Management)  LoopNet
SIOR (Society of Industrial and Office REALTORS®) Brevitas
CIPS (Certified International Property Specialist) Economic Development of CO
LEED Certification (U.S. Green Build Council) Redmond Economic Development
Commercial Education at COAR Central Oregon Builders Association
Building Owners and Managers Association ZipForms
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