What’s up in Missoula’s Midtown? Hey Missoula, get ready for the Midtown Minute, some quick real estate and development news from the center of the city. The old Fat Cat building continues to take shape, with Horizon Credit Union planning to move in once renovation wraps up. With about 5000 square feet under construction, we’ll […]
Missoula Midtown Market Minute Read More »
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
Montana Pet Friendly Rentals Read More »
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
Wait – Where is Missoula Midtown Exactly? Read More »
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
Montana Microsewers: Clever? Or Crappy? Read More »
Missoula Housing | Prospective Buyers Switching It Up The last best place has become the first and best option for people looking to move. It’s not just out of staters, either. Montanan’s are leaving smaller cities for job opportunities in larger markets like Billings, Missoula, and Bozeman. As the demographics change in these cities, what
Missoula Housing Preferences Shifting Read More »
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
Are Short Commutes Behind the Montana Population Boom? Read More »
Missoula Apartment Vacancy Rate for 2021 As the vacancy rate continued to drop in Missoula in 2021, we checked back in with the midyear report on multifamily properties. The vacancy rate for apartments came in at 0.38%. At under one percent, Missoula is far from a healthy apartment vacancy rate of closer to four to five
Missoula Vacancy Rate Falls in Midyear 2021 Read More »
How Can Missoula Get More Housing in Development? Our most recent point in time survey shows an apartment vacancy rate of .38% in Missoula. Not only is housing hard to come by, it’s expensive – not just to buy or rent, but expensive to build. But there are solutions to the housing development conundrum in
Bulking Up the Missoula Housing Development Pipeline Read More »
If you keep up with Sterling CRE market analysis, you know that commercial assets are hard to come by in some of Montana’s hottest markets, like Missoula and Bozeman. So, how can you get into commercial real estate investment when direct ownership isn’t an option? How does that work? Sometimes, Montana CRE limited partnerships can
CRE 101: Limited Partnerships in Montana Read More »
Find Montana’s Opportunity Zones – and Learn What Makes These Locations Desirable. In 2017, Montana’s Opportunity Zones were created to attract investment to targeted regions. Put simply, Opportunity Zones are meant to bring money into low-income areas. Investors can roll the profit from a business deal into an Opportunity Zone project – there are several
Where are Montana’s Opportunity Zones? Read More »
