BC Group

Affordable Housing Project Woodland Hearth Breaks Ground: Work Begins

In the heart of the Portland metro area, just north of the Tigard Triangle, the Woodland Hearth project is taking shape as an inspiring model of community-focused affordable housing. Community Partners for Affordable Housing (CPAH) is spearheading this initiative, with LRS Architects providing design expertise and Colas Construction serving as general contractor. Meeting the Need: Family-Centered…

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Comparing LEED and WELL – What to Know

In 1995, the USGBC partnered with the Natural Resources Defense Council (NRDC), spearheaded by NRDC scientist Rob Watson, to create the LEED green building rating system. LEED, which stands for Leadership in Energy and Environmental Design, was solidified, adopted by the USGBC, and launched with the help of the Federal Energy Management Program in August…

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Oregon’s Commercial Construction Hotspots (2024–2025)

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…

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Why Adaptive Reuse Is Gaining Momentum in 2025

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…

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Oregon Sees Record-Breaking Business Growth in 2025 with 57.4% Increase in New Startups

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…

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Consultant Benefits for Affordable Senior Housing Developers and Owners

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…

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The Importance of Building All Types of Housing to Generate more Affordable Housing

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…

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Mortenson Report Bodes Well for Portland

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…

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Understanding the Affordable Senior Housing Market

America’s older population is growing faster than the supply of housing it can afford. For developers, nonprofits, and investors, that gap is both a serious social challenge and a long-term opportunity. But affordable senior housing is not simply apartments with an age restriction. It comes with its own income rules, funding programs, design needs, and…

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Benefits of a Commercial Real Estate Development Advisor Experienced in Affordable Multi-Family and Senior Housing

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…

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Multnomah County Enhances Portland’s Housing Incentive Program to Foster Development in High-Cost Areas

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…

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