PORTLAND
Portland City Council Unanimously Approves Zoning Map Changes on 19 Nonprofit-Owned Sites to Accelerate Affordable Housing
The Affordable Housing Opportunities Project removes zoning barriers on properties owned by public agencies and nonprofit housing providers, arriving amid a sharp decline...
Portland Design Commission Unanimously Approves Master Plan for 29-Acre Lloyd Center Demolition and Mixed-Use Redevelopment
Owners envision more than 5,100 housing units, 457,000 square feet of retail, and a 2.3-acre urban park on the site of the Pacific...
Wells Fargo Forecasts Modest Housing Recovery in 2026, but Affordability Remains at Historic Lows
A new Wells Fargo Economics report projects incremental gains in home sales and price appreciation, even as the national home price-to-income ratio remains...
Portland’s Temporary Fee Waiver Attracts 1,720 Housing Units as City Targets 5,000 Unit Production Goal
Portland Permitting & Development released its first report on Feb. 27 describing the early results of a new financial incentive, enacted last summer,...
U.S. Manufacturing Holds Expansion Streak as Prices Paid Surge on Steel, Aluminum, and Tariff Pressures
The ISM manufacturing index posted back-to-back expansionary readings for only the second time since 2022 U.S. manufacturing activity remained in expansion territory for...
Sculptor Capital Acquires 506-Room Portland Marriott Downtown Waterfront for $30MM in Distressed Sale
The landmark waterfront hotel at 1401 S.W. Naito Parkway traded at approximately $59,300 per room — a 64 percent discount from its $82.7...
44-Unit LaScala Apartments in Beaverton Listed for Sale With Assumable $7.48MM Loan at 3.61%
Mixed-use property in downtown Beaverton combines retail income, below-market rents, and fixed-rate financing through 2032 In a market where investors are weighing income...
Wells Fargo Forecasts Sharp February Payroll Slowdown as January Jobs Surge Fades
The blockbuster January jobs number was likely a mirage, per the assessment of economists at Wells Fargo Economics, who are projecting nonfarm payroll...
Construction Spending Finds Footing at End of 2025, Headwinds Loom for 2026
Residential gains and data center investment helped stabilize total outlays in December, even as nonresidential categories weakened and building cost inflation accelerated to...
OHSU’s $650MM, 530,000 SQFT Vista Pavilion in Portland Completed On Time and Under Budget
The 14-story hospital tower, one of Oregon’s most complex healthcare construction projects, adds 128 beds and positions OHSU’s Knight Cancer Institute for a...
Unico Properties Selected as Property Manager of Five Oak in Downtown Portland After Recent Sale
In Partnership with Jeff Swickard, owner of both buildings, Unico Remains Committed to Portland’s Recovery PORTLAND, Ore. (February 26, 2026) – Unico Properties...
Portland Nonresidential Construction Costs Rise 0.32 Percent in Q4 2025, Among Lowest of Major U.S. Markets
Mortenson’s latest cost index places Portland well below the national average as stable labor and competitive bidding temper escalation pressures heading into 2026...
