Portland Monthly’s Marty Patail spoke with Pat Kessi, president of PHK about Portland’s condo market. Is it ready for a comeback?
Condos used to be hot. A graph of condo development in Portland resembles a shark fin. During the building frenzy leading up to Great Recession, local developers added 4,651 units between 2005 and 2008. And since then, including these new buildings in the works? Only 794 units. READ MORE.