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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...
Deconstructing The Puzzle: Falling Recession Fears Renew Prospects of A Soft Landing

Deconstructing The Puzzle: Falling Recession Fears Renew Prospects of A Soft Landing

by Karli Schwab | Nov 1, 2023 | Blog, CRE Trends

  Reach out to an SVN Cornerstone Advisor today to learn more about how we can help you navigate the current CRE...
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...
How Rising Vacancy Rates are Affecting Rental Rates

How Rising Vacancy Rates are Affecting Rental Rates

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...
SVN Single-Family Report

SVN Single-Family Report

by Karli Schwab | Oct 18, 2023 | Blog, CRE Trends

  Reach out to an SVN Cornerstone Advisor today to learn more about how we can help you navigate the current CRE environment.
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SVN | Cornerstone Commercial

1311 N Washington St, Suite D
Spokane, WA 99201

Phone 509-321-2000

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