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New Oregon Agency to Bolster State’s Housing Production

New Oregon Agency to Bolster State’s Housing Production

by Phil Hall | Jul 2, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Oregon Gov. Tina Kotek has launched the Housing Accountability and Production Office (HAPO) to address the state’s housing shortage. HAPO was created last year through Senate Bill 1537 and will investigate complaints of non-compliance and work with local governments...
Oceanfront Oregon Hotel Listed for Sale

Oceanfront Oregon Hotel Listed for Sale

by Phil Hall | Jun 3, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Hilco Real Estate Sales and Marcus & Millichap (NYSE: MMI) announced the sale of the Shilo Inns Newport Oceanfront, a 179-room, full-service hotel located directly on the Pacific Ocean at Newport, Oregon. The hotel was built in 1966 and spans nearly 2.5 acres...
Rhino Investments Group Acquires Oregon Retail Center

Rhino Investments Group Acquires Oregon Retail Center

by Phil Hall | Jan 2, 2025 | Commercial Real Estate News, Market Snapshot, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Rhino Investments Group, a Las Vegas-based commercial real estate firm, has acquired Lancaster Marketplace, a retail center in Salem, Oregon. Spanning a location at the busy intersection of Lancaster Drive and Highway 22, Lancaster Marketplace is anchored by WinCo...
Fourth Avenue Capital Acquires 2 Multifamily Properties in Portland Metro Area

Fourth Avenue Capital Acquires 2 Multifamily Properties in Portland Metro Area

by Phil Hall | Nov 18, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Fourth Avenue Capital announced its acquisition of two multifamily properties in the Portland metro area. The company acquired 140 Sacramento, a newly constructed Class-A townhome property in Portland that was built in 2023. All units in the project are 3-stories tall...
Shari’s Restaurants Closes All 42 Oregon Locations

Shari’s Restaurants Closes All 42 Oregon Locations

by Phil Hall | Oct 22, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Shari’s Restaurants, the family-dining chain based in the West Coast and Northwest, has closed all 42 of its eateries in Oregon. Restaurant Business reported the Beaverton, Oregon-headquartered company has been facing allegations of unpaid rent and taxes, along...
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