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5 Cost Effective Ways to Add Value to Your Multifamily Property

5 Cost Effective Ways to Add Value to Your Multifamily Property

by Karli Schwab | Feb 1, 2024 | Advisor Insights, Video Blog

SVN Cornerstone Multifamily Team Nate Gant is an Advisor with SVN Cornerstone. Nate has been an active member of the Eastern Washington real estate community since 2010. He has brokered more than $100 Million in real estate transactions, specializing in land...
Apartment Supply Expected To Peak in 2024 Locally and Nationwide

Apartment Supply Expected To Peak in 2024 Locally and Nationwide

by Karli Schwab | Jan 24, 2024 | Advisor Insights, CRE Trends

In 2023, there were 440,000 new units built in the United States, boosting supply to the highest levels in 36 years. The number of apartments available for rent right now across the nation is at its highest since 1987. Another 671,000 units are planned to be completed...
10 Year Treasury Drops Below 4%: Implications for Buyers & Sellers

10 Year Treasury Drops Below 4%: Implications for Buyers & Sellers

by Karli Schwab | Dec 21, 2023 | Advisor Insights, News

The U.S. 10 Year Treasury recently dropped below 4.0%, for the first time since July of 2023. The 10 year treasury peaked in late October of 2023 before starting to drop at a rapid pace. Also, last week, the Federal Reserve kept the federal funds rate unchanged at...
New 2023 Washington State Mobile Home Park Laws

New 2023 Washington State Mobile Home Park Laws

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...
The State of Multifamily Lending

The State of Multifamily Lending

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...
Case Study: How an owner carry contract benefitted both parties

Case Study: How an owner carry contract benefitted both parties

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...
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  • SVN Cornerstone Welcomes Kelsey Fortenberry as Real Estate Administrative Coordinator

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