BC Group

Oregon has experienced a surge in commercial construction activity in 2024 and 2025, with several cities seeing significant developments across office, retail, industrial, and hospitality sectors. Below we highlight the key cities driving this boom – noting project types, estimated values, and major projects – and then compare these to Oregon’s 10 largest cities by…

As of the third quarter of 2024, the U.S. office vacancy rate hit 20.1%—the highest it’s been in 30 years. Thanks to remote and hybrid work becoming the norm after COVID-19, many office buildings, especially older Class B and C spaces, are sitting empty. These underused spaces don’t just feel a little sad—they’re also dragging…

Oregon is making headlines in 2025 for its booming entrepreneurial scene, experiencing an extraordinary 57.4% increase in new business growth according to federal data compiled by SimplifyLLC. This surge marks a significant transformation for the state, propelling it into the top five best states for entrepreneurs—a remarkable jump from its previous ranking of 28th. As…

A real estate development and construction management consultant company like BC Group can be a vital partner for affordable senior housing developers and owners, offering guidance from the initial planning stages through to project completion. Their expertise in overseeing budgets, timelines, quality standards, and compliance with senior housing requirements ensures that projects stay on track…

Construction firms are increasingly employing cybersecurity measures to protect against the rising threats of data breaches, ransomware, and other cyberattacks. As construction projects become more digitized and reliant on connected technologies, firms are realizing the need to secure their sensitive data, intellectual property, and operational systems. How does your firm measure up? If you need…

Based on a recent article from Build Central, while new construction often focuses on high-end, Class A luxury apartments—primarily because of the high costs associated with land, labor,  materials and rent—there is an increasing need for more affordable housing. According to The Washington Post, rents have risen by about 19% since 2019, making affordability a…

Construction costs in Portland saw a modest rise of 0.72% during the second quarter of 2024, according to a report from Mortenson. The outlook for nonresidential construction is cautiously optimistic, with industry indicators pointing toward stronger market conditions in the near future. Although the availability of skilled labor remains a challenge in many markets, stability…

The affordable senior housing market is a critical segment of the real estate industry, addressing the needs of an aging population with limited financial resources. As the number of seniors continues to grow, so does the demand for affordable housing options that cater to their unique needs. Here’s a comprehensive overview of what you need…

Affordable senior housing is a hot topic and a trending niche in the commercial real estate industry. When embarking on a commercial real estate development project, particularly in specialized sectors such as affordable multi-family housing and/or senior housing, having an experienced advisor with experience in both can significantly enhance the project’s success. Here are the…

At BC Group, we’re excited to see what impact this will have and applaud the efforts taking place to encourage affordable housing. In a significant move to support housing development in Portland’s pricier neighborhoods, the Multnomah County Board of Commissioners, on a recent Thursday, approved a pivotal amendment that broadens the scope of Portland’s Multiple-Unit…

In case you missed it, the Portland City Council has recently taken significant steps to address the city’s housing development challenges through the Housing Regulatory Relief Project. While the impact remains to be seen, it’s a positive step to streamline the commercial project development process. This initiative seeks to reduce the financial and procedural hurdles…

Converting office space into a residential unit involves several considerations, including providing the necessary amenities to ensure comfort and functionality for the tenants. The specific amenities you can provide will depend on the size and layout of the space, local regulations, and the preferences of the residents. Experienced project teams and owner’s representatives can help…