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Case Study: How an owner carry contract benefitted both parties

Case Study: How an owner carry contract benefitted both parties

by Karli Schwab | Oct 26, 2023 | Advisor Insights, Blog

Sale Details: Sale Price: $3,450,000 Size: 22,680 SF Price/SF: $152 Cap Rate: 4.73% Transaction Highlights: 25 unit apartment complex Value add opportunity Strong tenant profile (650+ credit scores and income 3x rent) Located within walking distance to regional...
How Rising Vacancy Rates are Affecting Rental Rates

How Rising Vacancy Rates are Affecting Rental Rates

by Karli Schwab | Oct 19, 2023 | Advisor Insights, Blog

We are seeing properties “For Rent” far more in 2023 compared to recent years. As we look through rent rolls, we are routinely seeing vacancies that equate to 10% or higher. Just this week, a conversation with one of our most trusted clients revealed that he currently...
SVN Single-Family Report

SVN Single-Family Report

by Karli Schwab | Oct 18, 2023 | Blog, CRE Trends

  Reach out to an SVN Cornerstone Advisor today to learn more about how we can help you navigate the current CRE environment.
Spokane Fire Safety Inspections for Multifamily

Spokane Fire Safety Inspections for Multifamily

by Karli Schwab | Oct 13, 2023 | Advisor Insights, Blog, News

Now that fire inspections are an annual occurrence for every multifamily property owner in the City of Spokane, it is important for owners to understand what inspectors look for in order to be properly prepared, and save money. We had the opportunity to attend one of...
Considering Selling Your Apartment Complex? How to Appropriately Manage Tenants Amid an Impending Sale

Considering Selling Your Apartment Complex? How to Appropriately Manage Tenants Amid an Impending Sale

by Karli Schwab | Sep 21, 2023 | Advisor Insights, Blog

Considering Selling Your Apartment Complex?   Inspections and showings for apartment buildings are challenging, particularly for owners who self-manage. It is therefore important for these owners to understand the best way to approach inspections and showings in...
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SVN | Cornerstone Commercial

1311 N Washington St, Suite D
Spokane, WA 99201

Phone 509-321-2000

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