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...
by Karli Schwab | Mar 20, 2024 | Advisor Insights, Blog
In the second week of our Multifamily Owner Expenses series we are addressing: Property Management. Property management has been a hot topic with many multifamily owners in recent weeks. Vacancy rates are rising, rents have tempered, and expenses have been increasing....
by Karli Schwab | Mar 15, 2024 | Advisor Insights
Over the next several blog posts, we are going to be addressing a series of expense line items that apartment owners incur such as property insurance, maintenance and repairs, and utilities. We will also discuss how we can improve the bottom line for owners. The first...
by Karli Schwab | Mar 7, 2024 | News
The proposed Washington State senate bill (House Bill 2114) that would have initiated rent control if approved, died on Monday, February 26th in the Senate, as the committee declined to take further action. The proposed bill would have imposed the following: Rent...