Cost Segregation: A Strategy Every Multifamily Buyer Should Consider
Cost segregation is a study that allows owners to depreciate personal property and land improvements faster than the real property. Depreciation is an accounting method used to allocate the cost of a physical asset over its useful life, which allows owners to reduce...
Multifamily: Q1 – Q2 2023 Market Review & Projections
Download The Multifamily Q1 - Q2 2023 Market Review & Projections PDF 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...
SVN Cornerstone: In the News
Around Town: Real estate transactions in the Inland Northwest Spokane Journal of Business July 20, 2023 Spokane Husband and wife team Mark and Patricia Blair have purchased 26,900 square feet of mixed-use commercial, residential, and vacant land at 1015 W. Cora, in...
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...