by Karli Schwab | Mar 15, 2024 | Advisor Insights
Over the next several blog posts, we are going to be addressing a series of expense line items that apartment owners incur such as property insurance, maintenance and repairs, and utilities. We will also discuss how we can improve the bottom line for owners. The first...
by Karli Schwab | Feb 28, 2024 | Advisor Insights, CRE Trends
Evictions Data In March of 2020, Jay Inslee put a moratorium on rental evictions due to the economic impacts of COVID The eviction moratorium in Washington State ended on June 30, 2021 Pandemic protections and rental assistance have now expired, causing lots of...
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...
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...
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...
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...