Market Reports & Articles

Bozeman’s Multifamily Market | Tight Competition For Tenants

Bozeman’s multifamily vacancy rate dropped to 5.64% in the 1st quarter of 2024 from 7.52% at the end of 2023. Rents crept up by less than 1%. Landlords are putting in a big effort to fill units, offering everything from 2-months free rent to laptops to season long ski passes. Vacancy The vacancy rate currently

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SterlingCRE’s 8th Annual Missoula MarketWatch Event Shows Low Commercial Space Availability, Ballooning Apartment Deliveries

Missoula, MT—Sterling Commercial Real Estate Advisors hosted its annual MarketWatch event on Wednesday, March 6th, at the Florence Building in downtown Missoula. The event attracted over 120 participants, including business leaders and community stakeholders, who gathered to discuss the latest trends in Missoula’s commercial real estate market. The research department at SterlingCRE, led by Data

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Maximizing Tax Benefits: Comparing 1031 Exchanges and Opportunity Zones in Montana

How Investors Can Use Opportunity Zones and 1031 Exchanges to Their Advantage Which one works best for your particular situation? In the past few years, much has been discussed about the potential opportunities for investors through Opportunity Zones, especially in cities like Missoula, Kalispell, Bozeman, and other locations across Montana. These designated Opportunity Zones have

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Understanding Infrastructure’s Impact on Commercial Land Values

Montana commercial land prices show significant variation, ranging from $10,000 to over $4.5million per acre in the first half of 2023. Many factors influence these prices, including locationand parcel size. A key factor in determining land prices is the availability of infrastructure. What is Infrastructure?Infrastructure encompasses facilities and systems that are essential for a community.

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SterlingCRE Weighs In: Fed’s Interest Rate Shift

In 2023, the Sterling brokerage team remained actively engaged in leasing, land sales, and catering to owner-occupier sales. The steady flow of transactions throughout the year was sustained by Montana’s robust economic prospects.   However, investment activity experienced a decline due to increased borrowing costs, making investments more challenging. Sellers, buoyed by recent substantial gains

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