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Spokane County Commercial Real Estate Market Update: Q2 2025 Highlights & Outlook

Spokane County Commercial Real Estate Market Update: Q2 2025 Highlights & Outlook

by Karli Schwab | Jul 24, 2025 | Advisor Insights, Blog, CRE Trends

The Spokane commercial real estate market saw a shift in momentum during Q2 2025. While national economic conditions showed signs of inflation and steady interest rates, Spokane experienced a softening across several CRE sectors. Even amid challenges, opportunities...
Spokane Multifamily Market Standstill

Spokane Multifamily Market Standstill

by Jordan Lester | Jul 23, 2025 | Advisor Insights, CRE Trends

The Spokane multifamily market is currently at a standstill due to a significant pricing gap between buyer and seller expectations. As of July 18, 2025, there were 81 multifamily properties (5+ units) on the market in Spokane County, but only 7 were under contract....
2025 Q2 Spokane Multifamily Sales: Quick Statistics Snapshot

2025 Q2 Spokane Multifamily Sales: Quick Statistics Snapshot

by Jordan Lester | Jul 10, 2025 | Blog, CRE Trends

Criteria: Multifamily, 5+ Units, Spokane County, Sold in 2025 Q2 Total Properties Sold: 5 Total Units Sold: 67 Total SF Sold: 41,593 Total Volume Sold: $6,949,900 Average Sale Price/Unit: $118,615 Average Sale Price/SF: $180 Average Sale Cap Rate: 6.80% Average % of...
2025 Q2 Spokane Multifamily Sales: Quick Statistics Snapshot

2025 Q1 Spokane Multifamily Sales: Quick Statistics Snapshot

by Jordan Lester | Apr 8, 2025 | Blog, CRE Trends

Criteria: Multifamily, 5+ Units, Spokane County, Sold in 2025 Q1 Total Properties Sold: 14 Total Units Sold: 185 Total SF Sold: 133,456 Total Volume Sold: $22,904,603 Average Sale Price/Unit: $132,083 Average Sale Price/SF: $178 Average Sale Cap Rate: 6.29% Average %...

Wave of Maturing Loans in 2025 Could Trigger Distressed Sales in Multifamily Real Estate

by Jordan Lester | Jan 29, 2025 | Advisor Insights, CRE Trends, News

In 2025, approximately $598 billion in U.S. commercial real estate debt is set to mature, with a significant portion in the multifamily sector. Property owners who purchased or refinanced during the low-rate years may struggle to secure favorable terms as interest...
2024 Spokane County Multifamily Sales: Quick Statistics Snapshot

2024 Spokane County Multifamily Sales: Quick Statistics Snapshot

by Jordan Lester | Jan 15, 2025 | Blog, CRE Trends

Criteria: Multifamily, 5+ Units, Spokane County, Sold in 2024 Total Properties Sold: 55 Total Units Sold: 1,554 Total SF Sold: 1,279,978 Total Volume Sold: $190,174,149 Average Sale Price/Unit: $121,528 Average Sale Price/SF: $163 Average Sale Cap Rate: 6.27% Average...
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