by Jordan Lester | Jan 15, 2025 | Blog, CRE Trends
Criteria: Multifamily, 5+ Units, Spokane County, Sold in 2024 Total Properties Sold: 55 Total Units Sold: 1,554 Total SF Sold: 1,279,978 Total Volume Sold: $190,174,149 Average Sale Price/Unit: $121,528 Average Sale Price/SF: $163 Average Sale Cap Rate: 6.27% Average...
by Jordan Lester | Dec 4, 2024 | Advisor Insights, Blog
In a recently published article I wrote discussing the three primary multifamily investment strategies (private investments, real estate syndications, and real estate investment trusts (REITs), along with the pros and cons of each that can be found here: Three Types...
by Jordan Lester | Nov 20, 2024 | Advisor Insights, Blog
Investors can approach multifamily property investments through three primary strategies: private investments, real estate syndications, and real estate investment trusts (REITs). Each has its own advantages and disadvantages: Private Investments Private real estate...
by Jordan Lester | Nov 13, 2024 | Advisor Insights, Blog
While owning apartment complexes may come with challenges, the benefits often make it a highly rewarding investment. It’s easy to forget these advantages amid the day-to-day headaches of ownership, but it is important to remember why these properties were...
by Jordan Lester | Nov 6, 2024 | Blog
Below is a table that outlines the population of cities and census designated places (CDPs) in Spokane County. It shows the population from 2020, 2023, and the percent change over those three years. City/CDP 2020 2023 Percent Change Deer Park 4,383 4,925 12.37%...
