Compass Commercial Real Estate Services is pleased to announce notable commercial transactions closed by the firm during November 2019. Brokers Ron Ross, CCIM and Terry O’Neil, CCIM of Compass Commercial Real Estate Services represented the seller, Cascade Ridge of Madras, LLC, in the disposition of the Cascade Ridge Apartments located at 366 SW M Street…
Compass Commercial Real Estate Services announces the sale of the Cascade Ridge Apartments in Madras, Oregon. It was purchased by a Seattle area investor that focuses on owning and operating apartment housing in smaller, rural communities in the Pacific NW. This 64-unit complex is the largest market rate apartment project in Madras. The project consists…
Compass Commercial is saddened to announce the loss of one of our own. Guy Bierbaum, a valued member of our maintenance team, passed after a battle with cancer. Guy was an instrumental part of developing our maintenance department. His extraordinary attention to detail, his commitment to service and dedication to our clients will be greatly…
Compass Commercial Real Estate Services is pleased to announce Dan Kemp has earned his Certified Commercial Investment Member (CCIM) Designation. Brokers with CCIM designations are experts in their profession. They hold a wealth of knowledge in financial, market and investment analysis. Dan has been working towards the designation for the past few years and completed…
Compass Commercial Real Estate Services is pleased to announce notable commercial transactions closed by the firm during the month of October 2019. The business sale of Swag Manufacturing Inc. to Swag Tool Company, LLC a subsidiary of Traction Capital Partners, LLC was facilitated by Compass Commercial Real Estate Services brokers Peter May, CCIM and Dan…
By Adam Bledsoe, Broker November 12, 2019 “All my rich friends sold too early.” Someone said this to me early in the last recession, sometime around 2009-10 as things were crumbling around us, both nationally and locally. At once, it’s stating that one cannot time a market, and that one cannot become wealthy by selling…
CCIM (Certified Commercial Investment Member) Institute has released its Q3 report for 2019. In this edition, CCIM tackles the myths associated with online shopping and the effects it has on retail leasing. According to a report by the International Council of Shopping Centers (ICSC), “online and brick-and-mortar retail have a symbiotic relationship.” CCIM Insights provide…
Principal broker and partner, Pat Kesgard, CCIM spoke with Paul Hanson, host for the November 4th installment of the KBND Morning News Guest Interview. Pat provides a comprehensive overview of the latest Compass Points® Q3 2019. Find out what’s happening with retail, office and industrial spaces in Bend and Redmond. Listen to the full interview…
Last month, Compass Commercial Real Estate Services celebrated clients, vendors and designated charities at Tetherow Pavilion for our Annual Compass Appreciation Party. This event allows us to celebrate the relationships built over the years and to raise money for charities that are helping the community. The 2019 and 2020 grantees of the Compass Cares program…
A Look Into Our Economic Future: In this issue’s cover article, principal broker and partner Howard Friedman, CCIM discusses the economic future and how it affects the real estate industry. Bend’s Office Market: Compass Commercial surveyed 208 buildings for the third quarter 2019 office report. The buildings in the sample totaled just over 2.6 million…
Bend REALTOR® Wins 2019 Distinguished Service Award I would like to take this opportunity to report on an exceptional individual in our real estate community, who, with full disclosure, happens to be my brother. Lester Friedman, Broker with Coldwell Banker Bain, was recently awarded the Distinguished Service Award by the Oregon Association of REALTORS®, along…
Compass Commercial Real Estate Services is pleased to announce notable commercial transactions closed by the firm during the month of September 2019. Brokers Dan Kemp, CCIM, Jay Lyons, SIOR, CCIM and Grant Schultz of Compass Commercial Real Estate Services, along with Erich Schultz of Schultz CRE, represented the buyer, Robinson Partners, in the acquisition of…