Largest Multifamily Projects Under Construction in Spokane County
Apartment owners, buyers, and sellers should be aware of ongoing development projects in order to prepare for potential increases in vacancy rates, especially if these projects are near their properties. Currently, there are only 955 apartment units under construction...
2024 Spokane County Multifamily Sales: Quick Statistics Snapshot
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...
Delaware Statutory Trusts (DSTs)
In a recently published article I wrote discussing the three primary multifamily investment strategies (private investments, real estate syndications, and real estate investment trusts (REITs), along with the pros and cons of each that can be found here: Three Types...
Three Types of Multifamily Investment Strategies
Investors can approach multifamily property investments through three primary strategies: private investments, real estate syndications, and real estate investment trusts (REITs). Each has its own advantages and disadvantages: Private Investments Private real estate...
Advantages of Apartment Ownership
While owning apartment complexes may come with challenges, the benefits often make it a highly rewarding investment. It's easy to forget these advantages amid the day-to-day headaches of ownership, but it is important to remember why these properties were purchased in...
Spokane County Population by City
Below is a table that outlines the population of cities and census designated places (CDPs) in Spokane County. It shows the population from 2020, 2023, and the percent change over those three years. City/CDP 2020 2023 Percent Change Deer Park 4,383 4,925 12.37%...
Key Takeaways
SVN | Cornerstone Commercial provides comprehensive commercial real estate insights through market reports, blog content, and strategic resources that help clients make informed decisions. Our research team tracks macroeconomic factors, valuation trends, occupancy data, and rental rates that drive CRE performance across all property types.