May 2018 Newsletter

 

Marketing Meetings

The Marketing Meeting and Madras Economic Update was a great success! Click here for photos from the event.

The next marketing meeting will take place in Bend on June 1 at 7:00 AM. 
Click here to register.

 
Bend City Council Resolution Gets the Ball Rolling on UGB Expansion 

On May 2, the Bend City Council approved a resolution setting priorities for the implementation of the city’s urban growth boundary (UGB) expansion plan.  The resolution includes an area plan for the elbow, with planning to begin this summer and anticipated conclusion in winter 2020.  

Redevelopment and the creation of an urban renewal plan was approved for opportunity areas, including the Bend Central District, East Downtown, Inner Highway 20/Greenwood and KorPine. Council is continuing to consider funding to
 extend Empire Avenue and complete Murphy Road, and is expected to make a decision at its June 6th meeting. 

 

CI 104: Investment Analysis for Commercial Investment Real Estate

May 21 - 24, 2018
At COAR 

This course will teach you how to:
-apply key investor decision-making analyses to optimize investment returns;
-more effectively forecast investment
-performance by quantifying real estate risk;
-and leverage CCIM analytical tools to improve decision making.

For more information, click here.

Industry News

 

How Mentors Are Shaping Women's Careers
Read this Commercial Connections article for a deep dive into the Chicago-based “Goldie Initiative,” a program dedicated to mentoring women entering the traditionally male-dominated commercial real estate industry. 

 

Commercial Appraisal Threshold Rises
A final rule just released by federal banking agencies increases the appraisal threshold for commercial real estate federally related transactions. Read more.

Looking for Commercial Tech Solutions?
There are now 30 companies with commercial-centric products on NAR's new Commercial Data and Listings Resources page — and one-third offer you an exclusive NAR-member discount. Check out listing platforms, property data, marketing services, and other tools to help your business flourish. Read more