Real Estate

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Good and Bad news for Portland rental market

  via Rentcafe The good news: Utility bills in Portland ($345) cost less than the national averages, making it easier for renters to manage their disposable income compared to their peers in other regional markets such as Eugene, OR. In fact, after paying rent, the median income in Portland ($53,589) is enough to cover 7.9 times the value of basic utility bills — such as phone and energy — or 38.5 times the value of essential food products…

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Developers bullish on Portland

Portland’s skyline is changing, and four Jewish family-owned development companies are doing their part to ensure the change is positive. “Portland seems like a very healthy real estate market now, and with proper stewardship can continue to be,” says Jack Menashe, president of Ruben J. Menashe, Inc., the company founded by his father in 1962….

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Family company branches out, grows big time

From its roots in the lumber industry, the Oregon Pacific Investment and Development Company has grown into the owner/manager of multifamily housing, retail and industrial properties in three states. Despite the firm’s name, “we are no longer developers,” says Co-President Julie Saltzman Leuvrey, daughter of company founder Jack Saltzman, z’l. “We have switched our strategy…

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FEATURED PROPERTIES

3265 SW Sherwood Place, Portland MLS# 17509106 Available in April – Yikes! What more could you want? City & mountain views, minutes to OHSU, downtown & great schools (PJA, Ainsworth) – tucked in the heart of Portland Heights. 3 bedrooms plus office, 2.2 baths, spacious 2 car garage. Lovely yard. $875,000 Betsy Menefee Rickles: 503-260-5866…

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Real Estate Directory

INCOME PROPERTY MANAGEMENT CO. Jeffrey Reingold 1800 SW 1st Ave. Ste. 220, Portland, OR 97201 503-223-6327 jreingold@ipmco.com ipmco.com Income Property Management Co. is a property management firm that helps clients gain maximum value for their real estate dollar while providing quality spaces for tenants to live and work. RUBEN J. MENASHE, INC. BUILDER • DEVELOPER…

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Q&A Make it pretty, sell it fast

It’s no secret that the housing market is booming in the greater Portland metro area. Rental rates have soared and the population is increasing; inventory is tight and prices are rising. So we decided to ask some local Realtors about buying and selling your home. We asked each Realtor to answer one or two of…

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Saving History

In 1892 Portland’s first Jewish mayor, Bernard Goldsmith, built a “handsome dwelling” for $4,000 at the corner of Northwest 24th Avenue and Quimby Street. In 2014 some 20 neighbors and friends raised $2.25 million to save it from the wrecking ball. And today, its new owners are working to restore it as a showpiece of…

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Historic Resources

Oregon has a wealth of resources to learn more about historic preservation, historic neighborhoods and properties, and activism. Here is a selection: The Oregon Heritage Commission, a division of the State Parks and Recreation Department: oregon.gov/oprd/HCD/OHC/Pages/index.aspx Has a wide variety of links, including a database of state historic sites and places on the National Register…

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Local Realtor tapped for national Lions award

In recognition of decades of volunteerism and philanthropic leadership, Portland Realtor Carolyn Weinstein will receive the Kipnis-Wilson/Friedland Award this fall at the International Lion of Judah Conference (see sidebar at https://orjewishlife.com/lion-of-judah-award/). Carolyn began her volunteer career as a Sunday School teacher at Congregation Neveh Shalom and as fundraising chair for the March of Dimes Ventura…