October 2019
Next Commercial Roadshow
November 20, 2019
12:00 PM - 2:30 PM
Best Western Ponderosa Lodge, Ponderosa Conference Room
500 Hwy 20 West
Sisters, OR 97759
1 CE
Includes Lunch
Register Here
 
Next Commercial Marketing Meeting 
November 1, 2019
7:30 AM
COAR Annex

Bend Central District to Host Event Today 
The Bulletin
The Bend Central District Visionary Board is inviting the public to “Honey I Shrunk the BCD,” an event focusing on neighborhood identity and other redevelopment, today at 5:30 PM.

Click here for more


Save the Date: Opportunity Zone Conference at COAR
On November 13th, COAR will host an opportunity zone event in the classroom in Bend. COAR received an Opportunity Zone Grant from the National Association of REALTORS® (NAR) to host the event, which will be put on through a partnership with the Oregon Association of REALTORS® (OAR) and Rockwood Community Development Corporation. Sessions will run from 8:00 AM through 2:30 PM, followed by a bus tour of Bend Opportunity Zones. Speakers include Evan Liddiard, Director of Federal Tax Policy at NAR, as well as other experts, developers and investors. Registration will soon be avaialble – watch COAR emails for updates.  

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.
Learn more


City of Bend Survey: Development Community
The City of Bend has a goal of approving 3,000 housing units before June 30, 2021. With this in mind, they are seeking feedback from the development community on specific projects seeking to build three or more housing units that you’ve worked in the past two years that failed to move forward to construction. 

Whether you’re employed directly in development or as an engineer, attorney, land use consultant, or other sector directly involved in development your feedback is important. Please take 5-10 minutes to fill out the survey here

All responses are anonymous; if you’d like to provide feedback on multiple projects you can take the survey more than once.

If you have questions, feedback, or would like a follow up conversation once the survey closes in early November, please contact Ben Hemson, Business Advocate, at bhemson@bendoregon.gov or 541-388-5529. 

2020 National Land Conference
The 2020 National Land Conference (NLC20) is a can’t miss conference for commercial real estate practitioners who conduct land transactions. This event is the place to be if you are an agent who is serious about growing your business, more confidently assisting your clients, and closing more deals. You’re invited to join us March 29-April 1 in San Antonio, TX, for the premier industry event for land real estate agents to share ideas, see the latest innovations, and gain the expertise needed to head back to their businesses with new inspiration.

Bend CDD Meeting with COAR Members
The new meeting time for the next meeting between COAR and the City of Bend Community Development Department is October 24th, 10:30-11:30 AM in the Board Room at Bend City Hall. City staff will provide an update on the City’s new permitting software system among other developments. 

Commercial News

Redmond's Renaissance 
The "Hub City" is taking advantage of urban renewal to liven up downtown, and other districts as well
By Bill Mintiens, The Source
According to Redmond mayor George Endicott, the changes happening right now in his city are nothing short of a renaissance—thanks in large part to Urban Renewal funds.
Click here to read more

Locations Close to Public Transit Boost Residential, Commercial Real Estate Values
From NAR
WASHINGTON (October 14, 2019) – Neighborhoods located within a half-mile of public transit services outperformed those in areas farther from public transit based on a number of factors, according to a report released today by the American Public Transportation Association and the National Association of Realtors®. “The Real Estate Mantra – Locate Near Public Transportation” highlighted the critical role public transportation plays in determining real estate values, revealing that commercial and residential real estate market sales thrive when residents have mobility options close by.

Click here to read more

Study says Bend is the third fastest-growing city in the U.S.
By KATU
Bend, Oregon is the third fastest-growing city in America, according to a new report. The study, by personal finance website WalletHub, compared 515 cities of varying population sizes and used 17 key measures of both growth and decline over a period of seven years.
Click here to read more

New Oregon business tax sparks C.O. worry, confusion
By Jacob Larsen, KTVZ
A new business tax is set to go into effect this coming year, and state officials are holding meetings around the state to explain where things stand and gather feedback.
Click here to read more

Bend City Council considers transportation bond to address traffic woes
By Brenna Visser, The Bulletin
Six in 10 Bend voters say they don’t feel safe navigating neighborhood streets because of transportation issues in their city.
Click here to read more

Commercial Newsletter and Publications

Stability on a Risk Environment 2018
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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