The COVID-19 pandemic has made it evident that people are looking to move their businesses out of larger cities like Portland, Seattle and L.A. Central Oregon’s work-life balance capabilities make it an attractive location for these business owners. Broker Pat Kesgard, CCIM discussed what is happening in the commercial real estate market with KBND on August 3rd stating, “we’re having a hard time keeping up with the demand.”
Investors are also beginning to show interest in multifamily housing. Industries such as restaurants and retail are still up in the air as far as investments go. The good news is, most businesses are continuing to pay rent.
Read the full story on KBND’s website here.