2018 Commercial Marketing Meeting and Education Schedule
The Commercial Committee holds monthly meetings to market for commercial properties, additionally there are several times a year that the marketing meetings are held in conjunction with a commercial CE class. Please see the full schedule below and click on the link to register for any meetings that include CE. For classes with CE, the marketing meeting will occur after the class.

If you would like to submit a PDF flyer for the Marketing Meeting please email a PDF flyer to  cid@coar.com.  All PDF flyers must be submitted the day prior to the meeting by NOON. Flyers must not be more than 3 pages to be added to the marketing meeting. If you submit a property to the marketing meeting you must attend the meeting. The 2018 Marketing Meeting schedule is as follows:
FEBRUARY 2, 2018: 7-9AM

MARCH 8, 2018: 12-2:30pm
Includes CE
APRIL 6, 2018: 7-9AM

MAY 10, 2018: 12-2:30PM
Include CE
May 21 -24, 2018
CI 104: Investment Analysis for Commercial Real Estate Investment
Note CI 101 is a prerequisite to this course,

JUNE 1, 2018: 7-9AM
JULY 12, 2018: 12-2:30PM
Includes CE
AUGUST 3, 2018: 7-9AM

SEPTEMBER 13, 2018: 12-2:30PM
Includes CE
OCTOBER 5, 2018: 7-9AM

NOVEMBER 8, 2018: 12-2:30PM
Includes CE
DECEMBER 7, 2018: 7-9AM


What Happened to the Promissory Note?

Recently we've heard from commercial brokers asking why they're no longer able to access the promissory note. As part of Oregon Real Estate Forms' (OREF) 2018 forms changes, the promissory note has been discontinued and the language is now included in the sales agreements. The earnest money sections in the agreements have been rewritten to reflect the increasingly digital nature of transactions, and now also includes a promise to pay. According to OREF, its goal in making these changes was to simplify the documentation and streamline the process as many other states have done - currently only three states still use promissory notes. For more information, visit the forms changes page of the OREF website.    
CCIM 101 and 104 Offered in Oregon in 2018

CI 101: Financial Analysis for Commercial  Investment Real Estate
February 26 - March 1, 2018
Tigard, Oregon

CI: 104: Investment Analysis for Commercial Investment Real Estate
May 21 - 24, 2018 
CI 101 is a prerequisite for this course.

Scholarships are available for these courses, please contact cid@coar.com for more information.
Commercial Member Survey 

The COAR Commercial Committee is planning out their 2018 Commercial Continuing Education and would like your input. Please take a moment to fill out this short survey so we can best plan for our members next year. Please include your contact information to win a $100 Visa Gift Card.

Abusive Lawsuits Hurt Accessibility Efforts

A rise in lawsuits is making it hard for commercial property owners to correct accessibility challenges in a timely manner. So-called drive-by lawsuits distract owners and divert resources away from solving problems on behalf of people with disabilities. NAR-backed legislation to let owners correct problems before being sued is making its way through Congress. A 3-minute video explains what's happening. 

Madras Brewery Recruitment RFT

The City of Madras' Urban Renewal District is happy to announce its Request for Proposals (RFP) to recruit a brewer/brewpub to the City's Urban Renewal District. Please review the RFP for the submittal requirements and deadline (Mach 2, 2018, 5:00 PM).

Commercial News
Deschutes County Addresses Agriculture Rules Around Cannabis - Stephen Hamway, The Bulletin
FiveTalent Turns to Portland Labor Market - Kathleen McLaughlin, The Bulletin
Report: Bend-Redmond is Best-Performing Small City - The Bulletin
Holidays Drove Tourism, Despite Mild Weather - Kathleen McLaughlin, The Bulletin
Bend Memorial Clinic Gets New Partnership - Markian Hawryluk, The Bulletin
Apple Says it Will Put More Money into Central Oregon Data Centers - Portland Tribune
Sisters Explores Regulated Marijuana Commerce - Jim Cornelius, Sisters Nugget
How to Become a Small Scale Developer - Meg White, REALTOR Magazine
NAR Publications
Central Oregon Builders Association
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