by Karli Schwab | Mar 10, 2023 | Advisor Insights, Blog, News
New City of Spokane Ordinances March 2023 Two new ordinances (#36330 and #36366) were recently passed by the Spokane City Council, which will undoubtedly affect the financial position of property owners and landlords. Below is a summary of the main points from the new...
by Karli Schwab | Mar 3, 2023 | Advisor Insights, Blog, CRE Trends
By: Nate Gant, SVN Cornerstone Advisor Owner financing is becoming an attractive option for both buyers and sellers in today’s lending environment. This financing method can make it possible for buyers to purchase a property without having to rely on a...
by Karli Schwab | Feb 9, 2023 | Advisor Insights, Blog, CRE Trends
By: Nate Gant, SVN Cornerstone Advisor As interest rates climbed in 2022 and Spokane rents hit a ceiling in September 2022, we observed that what buyers could pay for a property decreased. Despite this, Seller’s price expectations remained the same. To resolve...
by Karli Schwab | Dec 12, 2022 | News, Press Release
Spokane, WA December 12, 2022 The Whispering Pines Apartments, located on East Sprague Avenue in Spokane, WA, recently sold for $10,150,000. This 55+ age-restricted complex was brought to the market in August, 2022 for the first time since its development in 2016. The...
by Karli Schwab | Oct 10, 2022 | Advisor Insights, Blog, CRE Trends
The Spokane multifamily market is rapidly changing due to rising interest rates, new policies, and cooling rent growth. By Jordan Lester The Spokane multi-family market is rapidly changing due to rising interest rates, new policies, and cooling rent growth. But, even...
