The Missing Middle | Montana Housing Shortages at All Price Points In Montana’s popular cities, we hear a lot about two extremes: expensive, out-of-reach homes (all the way up to million-dollar mansions) or affordable housing. What’s missing? It’s those homes (and families) in the middle. That’s where the missing middle comes into play in Montana. […]
The Missing Middle in Montana: Is Mid-Density Housing the Future? Read More »
Is a CRE Deal Really that Different? Working through the process of buying or selling commercial real estate can be daunting. I’m Claire Matten, advisor with Sterling Commercial Real Estate. I’m here with advisor Matt Mellott to provide a high level summary of a commercial real estate sale from end to end. Taking an asset
How is a Commercial Sale Different than a Home Sale? Read More »
Guest Post by Ross Keogh, Parsons Behle & Latimer. This has been modified to reflect further extensions provided by Notice 2021-10, which was issued on January 19, 2021. All information in this COVID-19 Response Resource issue is effective as of January 25, 2021. With Notice 2020-39 in June of 2020 the Internal Revenue Service (IRS) paused most
Extraordinary Flexibility for Opportunity Zone Investors Read More »
What does rent pay for? After things like taxes, insurance, and the mortgage, what kind of profit remains? Looking at some of Montana’s rental markets, you might think: landlords must be making hay. With vacancy dipping to an all-time low of .95% in Missoula, almost every apartment in town is full. That’s similar to the
What Does Rent Pay For? Read More »
What’s Next for Montana Retail Trends in the Wake of COVID-19? By Connor McMahon And how can Montana retailers future-proof? Experts have been preaching doom and gloom for brick and motor retail for years. The “Amazon effect,” increased density in urban environments and zoning changes have all been significant challenges to the retail industry. But
Future Proofing: Montana Retail Trends Read More »
Hotel, motel, Holiday Inn…How did Western Montana Hospitality Rebound in 2021? Looking back on the stats for Montana hospitality, it may be tough to compare year-over-year data due to pandemic-related disruptions in 2020*. As the initial wave of the pandemic rolled out, social distancing and staycations replaced air travel and hotel stays. Many restaurants closed
How Did Western Montana Hospitality Fare in 2021? Read More »
Missoula Apartment Market Update [download_after_email id=”1768″] Missoula’s apartment vacancy rate has dropped to a low of .95% in a survey of multifamily housing. The survey was conducted by Sterling Commercial Real Estate Advisors (Sterling CRE). The survey captured a snapshot of the market in December 2020. Looking at 2020 survey data, apartment vacancy sat at
Missoula Apartment Market Outlook | Q4 2020 Read More »
In Montana, hospitality and tourism generates nearly 60,000 jobs and injects $3.7 billion into the economy. But how did the Montana hospitality industry weather 2020? Major disruptions to leisure and business travel led to plummeting occupancy rates and decreased RevPAR (RevPAR is a common metric used to determine revenue per available room). The Data From
Montana Hospitality Industry Makes Recovery Read More »
Investing in real estate builds wealth. And while diving into the world of commercial real estate investments may seem unachievable, there are ways to start small and build a portfolio over time. To get there, we want to help you build a foundation of knowledge. Post your questions below or send us a message we
Adaptive Reuse, Infill and Absorption: CRE 101 Read More »
As we wrap up the biggest CRE stories of 2020, we had to include a story that was impossible to miss: the hit TV show “Yellowstone” relocating to Montana. It was our most viral deal of the year – and for good reason. For the first few seasons, filming for the hit TV show “Yellowstone”
The Economic Impact of “Yellowstone” Read More »
