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Commercial Real Estate: Retail in Salem by Zip Code

Written by Nick Williams on Jul. 18th, 2022

    Salem’s new Costco is complete, parking lots of our area’s shopping centers are largely full and our residents are seemingly back to normal following a Covid-induced slide in many retail sectors – particularly dining.   There’s certainly more than meets the eye, which has never been more true than now in the retail sector of commercial real es…

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Change of Use is the New Theme in Commercial 

Written on Jul. 18th, 2022
Obsolete design, purposes, industries, and scale mean commercial real estate is seeing a surge in a change of use.   Car lots –a thing of the past? Vacant and half-empty auto dealerships are a sign of the times. Supply chain problems are behind it; they just can’t get the inventory. This unusual situation happens to coincide with a new era of wor…
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Mortgage Market Offers a Lending Hand

Written on Jul. 18th, 2022
SALEM- Tasha Brandon is a local Salemite who is now the co-owner of Mortgage Marketplace in south Salem. Brandon recently opened the doors with business partner Mike Gillett after working in the industry for a few years. The two worked at two different companies together before realizing there was a gap in lending in the community. “We could see that th…
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Top 5 Tips for Realtors on Mortgage Lending 

Written by Sharon L. Whittemore on Jul. 15th, 2022
Unless your customers are cash buyers, the home mortgage loan plays an integral role in most real estate transactions. The relationship between buyers, lenders, and realtors is important to a successful, prompt closing. And a complementary relationship between the Realtor and mortgage loan officer is essential.    Many factors play into a successful …
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Save or Spend? A Real Estate Story

Written by Antonio Trejo on Jun. 17th, 2022
Save or Spend? A Real Estate Story   In my first years as a real estate broker, I learned a lot.  I became a part of many families’ life stories. I was helping first-time buyers, sellers, and those wanting Real Estate as an investment.  In 2008 though, I along with many others were caught in the middle of the Great Recession.  We all …
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HOPE Plaza Breaks Ground

Written by Luis Ramirez on May. 13th, 2022
SALEM- The Center for Hope and Safety officially broke ground on their ambitious new project, HOPE Plaza in downtown Salem. HOPE Plaza is a project that will create housing, opportunity, partnerships, and employment at the site of the old Greyhound Bus Terminal. On the first floor will be businesses that partner with the Center for Hope and Safety and that…
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2021 Office Market Recap

Written by Curt Arthur on May. 11th, 2022

CURT ARTHUR, SIOR 

OFFICE MARKET | SVN COMMERCIAL ADVISORS LLC 

Office absorption in Salem turned sharply negative during the pandemic-induced second and third quarters of 2020. Since then, sharp swings in occupancy have been prevalent, as tenants sort out space needs heading into the post-pandemic era. In Q2, 2021, the bulk of the leasing ac…

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Central Area Neighborhood Development Organization

Written by City of Salem on May. 10th, 2022
Central Area Neighborhood Development Organization- You’re already a member! A neighborhood is a group of residents, businesses, property owners, schools, agencies, and congregations within a designed geographical area. If you live, work, or own property in Salem, you are automatically a member of at least one NA (don’t worry, there aren’t any dues!).…
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Salem Residential Housing Market March 2022

Written by Sabrina Lowe-Dikeman on Apr. 5th, 2022

  If the last couple of years have proven anything, it is that life is full of uncertainties. But one factor remains the same: housing prices are on the rise. This non-stop trend has proven to cause significant stress for the home-buyer and has generated a windfall for homeowners. Despite this disparity, real estate activity has remained high and steady. 

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This month’s Emerging Leader Spotlight is Kelsey Oran of Hancock Commercial Real Estate.

Written by Jacob Espinoza  on Apr. 5th, 2022
This month’s Emerging Leader Spotlight is Kelsey Oran of Hancock Commercial Real Estate.     Name: Kelsey Oran   Title: Principal Broker & Partner at Hancock Commercial Real Estate   How do you define leadership?   I believe leadership is using one’s gifting’s to influence and elevate those around them. Leaders a…
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