by Karli Schwab | Nov 10, 2023 | Advisor Insights, Blog, CRE Trends
Two new laws were passed in July of 2023 regarding mobile home park sales in the state of Washington. 1. Owners of mobile home parks who are interested in selling are now required by law to provide Notice of Opportunity to Compete to all tenants of their mobile home...
by Karli Schwab | Nov 1, 2023 | Advisor Insights, Blog, CRE Trends
The multifamily asset class was considered a strong bet in CRE investment for many years. In the last year, this asset class has found itself in a state of transition, as multifamily lending has become more and more challenging. Several factors including rising...
by Karli Schwab | Oct 26, 2023 | Advisor Insights, Blog
Sale Details: Sale Price: $3,450,000 Size: 22,680 SF Price/SF: $152 Cap Rate: 4.73% Transaction Highlights: 25 unit apartment complex Value add opportunity Strong tenant profile (650+ credit scores and income 3x rent) Located within walking distance to regional...
by Karli Schwab | Oct 19, 2023 | Advisor Insights, Blog
We are seeing properties “For Rent” far more in 2023 compared to recent years. As we look through rent rolls, we are routinely seeing vacancies that equate to 10% or higher. Just this week, a conversation with one of our most trusted clients revealed that he currently...
by Karli Schwab | Oct 13, 2023 | Advisor Insights, Blog, News
Now that fire inspections are an annual occurrence for every multifamily property owner in the City of Spokane, it is important for owners to understand what inspectors look for in order to be properly prepared, and save money. We had the opportunity to attend one of...
by Karli Schwab | Sep 21, 2023 | Advisor Insights, Blog
Considering Selling Your Apartment Complex? Inspections and showings for apartment buildings are challenging, particularly for owners who self-manage. It is therefore important for these owners to understand the best way to approach inspections and showings in...
