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|Articles - February 2014|
|Tuesday, January 21, 2014|
BY EMMA HALL
Kevin Cavenaugh, owner of Guerrilla Development, graduated from architecture school but isn’t a licensed architect. He doesn’t like to call himself a developer, though, a profession often viewed as “just above krill on the food chain.” Specializing in boutique urban infill developments, Cavenaugh is known for his mixed-use projects on Portland’s East and West sides, including Box & One, Burnside Rocket and the Ocean. “For me, projects aren’t just an asset or commodity,” he says. “It has to be a design experiment for me to consider it successful, and I have to be a designer, curator and bean counter all at the same time.” He lives in Portland with his wife, Beth, and three children, Jack, 16, Grace, 14, and Lily Jane, 9.
Design dreams “Every project I do has to be different, and I have to keep learning. It would be easy for me to do the Rocket or Box again, maybe better and make a bit more money. But that would be formulaic, and there would be no professional growth. Right now I still bolt up at one or two in the morning and have to sketch something out in the pad beside my bed before I can fall back asleep.”
Starting over “On January 1, 2013, Beth rolled over in bed and said, ‘let’s move today!’ We left all our furniture except for our dining room table and favorite chair. Moving didn’t mean moving; it meant shopping. We went to the mattress store across the street, and I spent way too much money and time putting together IKEA furniture. We had an estate sale at the old house — weird when you’re still alive, but a fun way to take your accumulation and jettison it.”
Business lunch “Today I had the daunting task of trying shawarma at a restaurant that will probably be a tenant at my new project. We had to do a taste test to make sure we were happy with it. Lunch culminated in a handshake. When I go home and Beth asks how my day was, I can’t complain about my job. I get to go around, taste awesome food and do handshake deals with honest people.”
Living simply “I like to say we’re a ‘skill-free family’; none of us has sports or hobbies, really. We’re together a lot, and in winter we hibernate — we eat family dinner, maybe play a Scrabble game, do homework, roll into bed. It’s our first year of living in a loft in the back of my Ocean project on Sandy Boulevard. When I first moved to Portland 20 years ago, Sandy was hookers and cocaine. Now the cool factor is very high, which the kids like.”
Citizen investor “Crowdfunding is exciting as hell. I can go online and see another $20,000 pledged in my project from people all over the country that I don’t know. The whole democratization of real estate finance is just fascinating. The idea that someone like my wife, a hospice nurse, can invest $100 just as easily as someone of a much wealthier profile — that will change the market.”
Monday, April 27, 2015
BY JACOB PALMER AND EILEEN GARVIN
A power lunch at Solstice Wood Fire Cafe & Bar.
Monday, April 27, 2015
BY LINDA BAKER
Oregon already ranks as the nation’s second largest generator of hydroelectric power. (Washington is No. 1). Now an elegant new installation in Portland is putting an unconventional, sharing economy twist on this age-old water-energy pairing. The new system, launched this winter, uses the flow of water inside city water pipes to spin four turbines that produce electricity for Portland General Electric customers.
Wednesday, May 20, 2015
BY KIM MOORE | RESEARCH EDITOR
An earthquake would completely destroy many Oregon businesses, highlighting the urgent need for the private and public sectors to collaborate on shoring up disaster preparedness, said panelists at an Oregon Business breakfast summit today.
Tuesday, March 31, 2015
BY JACOB PALMER | DIGITAL NEWS EDITOR
inDinero, a business that manages back-office accounting for startups and smaller companies, recently announced it would relocate its headquarters from San Francisco to Portland. We talked to CEO Jessica Mah about what drew her to Portland and how she plans to disrupt the traditional CPA model.
Friday, May 22, 2015
BY HANNAH WALLACE
Travelers have always come to Oregon for its natural beauty. But will the increasing popularity of agritourism, European-style hiking getaways and forest resorts relax Oregon's notoriously strict land-use laws?
Friday, May 22, 2015
BY JOE CORTRIGHT
How conservation stimulates the local economy.
Tuesday, May 26, 2015
BY KIM MOORE
A conversation with Gene Pelham, CEO of Rogue Credit Union.
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Tonkon Torp helps seed sustainability at Gunderson.
Oregon-based Environments helps companies create inspired workspaces. “Simply put, we help companies future-proof their workspaces,” says Chris Corrado, president. Since 1988,Environments has witnessed firsthand the changing landscape of business. Native Portlander and Environments founder Corrado says, “We help our clients navigate the complex realities of the workplace today and plan for their future in a very mindful, strategic way. We think of ourselves as their partners in the process.”
One hundred years ago, the Willamette River might easily have been mistaken for a sewer. Unchecked industrial activity and decades of pollution made it unrecognizable compared to the clean river that now flows north for 187 miles from Eugene through the center of Portland.
Sussman Shank LLP served as lead counsel for both the sale of 9 assisted living, memory care, and independent living campuses in Washington, Oregon, and California to a publicly-traded REIT, and the acquisition of 11 single-tenant net lease properties. This transaction was unique because it included both the sale of licensed senior housing facilities and a complicated 1031 tax deferred exchange transaction.
The Oregon Entrepreneurs Network (OEN) will be presenting its third annual Entrepreneurial Summit on Friday, June 5 at Castaway in Portland, Oregon.
On June 13th Mayor Charlie Hales will attend nonprofit organization Dream Change’s inaugural Love Summit and will introduce one of its keynote speakers, Dan Wieden of Wieden+Kennedy advertising agency.