by Jordan Lester | Jul 23, 2025 | Advisor Insights, CRE Trends
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....
by Jordan Lester | Jul 10, 2025 | Blog, CRE Trends
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...
by Jordan Lester | Jun 11, 2025 | Advisor Insights, Blog
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...
by Jordan Lester | May 14, 2025 | Advisor Insights, News
On May 7, 2025, Governor Bob Ferguson signed House Bill 1217, making Washington the third U.S. state to pass statewide rent control, following Oregon and California. The law took effect immediately and will shape how leases, pricing, and new development are handled...
by Jordan Lester | Apr 8, 2025 | Blog, CRE Trends
Criteria: Multifamily, 5+ Units, Spokane County, Sold in 2025 Q1 Total Properties Sold: 14 Total Units Sold: 185 Total SF Sold: 133,456 Total Volume Sold: $22,904,603 Average Sale Price/Unit: $132,083 Average Sale Price/SF: $178 Average Sale Cap Rate: 6.29% Average %...
