by Karli Schwab | May 9, 2024 | Blog, News
On Monday, April 30th, the Spokane City Council passed an ordinance regarding rental increases. Washington State currently requires 60 day written notice for rent increases. This new law will require landlords in the City of Spokane to give 180 day written notice for...
by Karli Schwab | Apr 19, 2024 | Blog, CRE Trends
SVN’S MULTIFAMILY STATE OF THE MARKET REPORT provides a comprehensive analysis of the national commercial real estate Multifamily market, providing detailed insights into the performance of this major asset type. Reach out to an SVN Cornerstone Advisor...
by Karli Schwab | Apr 11, 2024 | Advisor Insights, Blog
As landlords and owners continue to deal with falling rents and vacancy rates near 8%, the Spokane City Council is considering a new ordinance that would apply more pressure to property owners and landlords within the City of Spokane. Currently, landlords are required...
by Karli Schwab | Apr 4, 2024 | Blog, CRE Trends
The SVN Cornerstone Multifamily Team is pleased to present our 2023 Multifamily Market Spotlight for Spokane County, which also includes our 2024 market projections. In this report, we touch on: Vacancy rates Rents Cap rates Deliveries Interest rates Loan maturities...
by Karli Schwab | Mar 28, 2024 | Advisor Insights, Blog
In the third week of our Multifamily Owner Expenses series we are addressing: Utilities. For apartment owners, utilities include water, sewer, garbage, gas, electricity, internet, and cable. Apartment complexes built in the last few decades are typically separately...
