Interest Rates Expected to Fall in Late 2025
After holding rates steady since late 2024, following a rapid increase that pushed the federal funds rate to 5.25–5.50%, markets now expect the Federal Reserve to cut rates at its September 16-17 meeting. Fed Chair Jerome Powell’s recent comments at Jackson Hole,...
Spokane County Commercial Real Estate Market Update: Q2 2025 Highlights & Outlook
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
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....
SVN Cornerstone Welcomes Kelsey Fortenberry as Real Estate Administrative Coordinator
SVN Cornerstone is pleased to announce the addition of Kelsey Fortenberry as Real Estate Administrative Coordinator. In this key role, Fortenberry oversees listing and transaction management while providing high-level administrative support to the firm's Managing...
2025 Q2 Spokane Multifamily Sales: Quick Statistics Snapshot
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...
Navigating Multifamily Insurance Challenges
Multifamily property owners are facing one of the toughest insurance markets in decades. In many cases, insurance premiums have doubled or even tripled, driven by rising claims, increased natural disasters, and tighter underwriting standards. One of the most...