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Connor McMahon Three Reasons Retail Landlords Might Undercharge – And What to Do About It Are retail property owners leaving money on the table? It’s not uncommon to find retail tenants paying below-market rents across Montana, says commercial real estate expert Connor McMahon. And it is not just money lost in rent today – undercharging […]

As Montana Master-Planned Communities take shape, people have started asking us: what is a master-planned community? How does that work? Master-planned communities are large residential developments that offer residents a lot of different housing types and amenities. It’s different from a traditional subdivision in that it’s really selling a lifestyle that comes with the property

Billings, Montana Emerges as Commercial Real Estate Opportunity  Get the scoop on the potential Billings holds for commercial real estate investors. Billings, Montana, the second fastest-growing city in the state, is often overshadowed by Bozeman and Missoula. But Billings is fast emerging as a destination for new residents and tourists alike – with good reason.

Bozeman Self-Storage Operators: Sell? Hold? Find Out Your Facility’s Worth? Population Boom and Rising Self-Storage Rents in Gallatin County  Throughout the year, Sterling CRE’s research team surveys pricing for major self-storage markets in Montana. That includes Missoula, the Bitterroot Valley, the Flathead area, Bozeman, Billings, and Helena. Pricing data helps self-storage clients stay competitive and

Master Planned Communities: What They Are and Where They Are in Montana Master planned communities are large-scale residential developments that focus on offering residents a cohesive lifestyle. In general, they offer a wider range of housing types and prices. They also offer a broader range of amenities than traditional subdivisions.  A “master developer” typically purchases

Pet Friendly Rentals in Montana: Pros & Cons Allowing pets in rental units has long been a fraught topic. Especially in pet-friendly towns like Missoula, Billings, and Bozeman, there is a dearth of available rental properties that accommodate animals. What’s a landlord – or a renter – to do? Cons Any animal can cause a

Master Plan Recommends New Missoula Midtown Boundary – And We’re Here For It  Master Plans are spawning around Montana. Sign up for Sterling CRE weekly emails to keep up on master plan news across the state.  Emily Brock presented an updated Midtown Master Plan at the Missoula Redevelopment Agency meeting on June 17 (you can

What are Microsewers and how can Montana benefit? In housing constrained markets like Missoula, Montana, developable land with existing infrastructure is hard to come by. Connecting to city sewer costs, on average, $3,206 – and that doesn’t account for trenching, labor, and other costs developers incur.  And that’s if city sewer is available. If the

National Association of Home Builders Notes Housing Boom in Areas with Short Drive Times  We’ve all heard about nightmarish commute times, with some folks clocking hours a day behind the wheel or on a train to get to work. Palmdale, California came in with the longest commute times at 85 minutes, followed closely by other