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...
SVN Cornerstone Promotes Cayden Kerr to Associate Advisor
SVN Cornerstone is pleased to announce the promotion of Cayden Kerr to Associate Advisor. His advancement marks a successful transition from intern to advisor and reflects the firm’s commitment to developing emerging talent in commercial real estate. Kerr joined SVN...
Deer Park Project Aims Beyond Industrial Use
Infrastructure is nearly completed for new Coyle Innovation Center May 22, 2025 | Erica Bullock | Journal of Business A new project, dubbed the Coyle Innovation Center, is planned on about 60 acres of vacant land near the city of Deer Park's growing airport,...