Pikes Northwest is Moving!

Effective December 1, 2020, Pikes Northwest will be relocating our offices to 3550 Liberty Road South, Suite 200, in Salem, Oregon. Our Commercial Property Management services for Salem, Oregon property owners and investors will continue uninterrupted during our move....

Do You Need a Property Management License?

The Oregon Court of Appeals recently issued a decision that may impact property management professionals. In December 2019, the Oregon Court of Appeals in Berrey v. Real Estate Agency, 301 Or App 613 (2019), held that Berrey engaged in unlicensed professional real...

If Frogs Had Wings

Everybody has heard that one. It usually follows someone lamenting repeatedly “only if,” or “what if,” repeatedly. Going through annual budget forecasts really is a game of “what if.” Usually the challenges are minor and the variations don’t amount to a great deal....

Property Management as Investment

As an investor seeking the best returns with the least hassle, be careful. Be very careful. The old adage rarely fails: If it sounds too good to be true, it more than likely is. The enticement of low property management fees are no different. Buffet said it best:...

Attracting and Keeping Tenants

The name of the game in commercial real estate is attracting and keeping tenants. If a building has few (a lot of vacancies) or no tenants, there often is little to no value to an investor. And, rare as a hen’s tooth (my wife’s favorite store in Sisters, OR) is it...

Non-Payment of Rent During COVID-19

  As a result of the COVID-19 pandemic, many commercial tenants are asking what to do if they are unable to pay rent. Given the challenging times, open communication with the landlord is key. Tenants should be familiar with Oregon’s Executive Order 20-13, which...

Commercial Lease Clauses

At some point in your business operation, you will become a party to a commercial lease agreement.  Whether a commercial landlord, or tenant, there are five basic elements of commercial lease agreements that you should be aware of to ensure your agreement meets all...