Your Best Bet: Light Renovations for Multifamily Properties
Full renovations no longer have the advantage! In the ever evolving rental market, we are seeing significant changes in how operators do business. From 2018 through 2022, a majority of multifamily operators were doing full turns on units to achieve maximum...
Spokane’s Industrial Market Quarterly – Q2 2023
In this quarterly review, SVN Cornerstone Associate Advisor, Omar Sadaoui, recaps the industrial market in Spokane, WA for Q2, and provides insightful projections going into Q3. This Snapshot covers: Absorption Vacancy rates Inventory Rental rates Cap rates...
Part 2 – Addressing Seller Financing Concerns
The Interest Rate Balancing Act Balancing Sale Price & Interest Rates: In a recent discussion with a seller, we were asked why we were suggesting she sell her property for a rate well below what banks are offering. She reminded us that she had purchased her...
New Office Construction: Building Continues Amid Uncertainty
By Cameron Williams, Director of Research, SVN International Corp. Continued uneasiness surrounding demand as well as record setting vacancies have created a downturn in new office development in the beginning of 2023. Despite this, several markets are continuing to...
Why the Slowdown Is the Time to Invest in Future Growth
From recruiting to expanding client services, the slowdown is a time to reinvest in the business and clients, says new SVN leadership in this podcast GlobeSt.com 6/22/23 Market downturn pressures hit commercial brokerages hard: from reduced deals and revenue...
Part 1 – Addressing Seller Financing Concerns
Prepayment Penalties & Seller Financing Structures Moving into Q3 of 2023, seller financing in Multifamily continues to be a viable option that we recommend to our clients, but we have become aware of some common concerns and misconceptions owners may have,...