How Did Western Montana Hospitality Do in 2020?

Hotels, motels, Holiday Inn…how did the Montana hospitality industry weather the storm in 2020? For commercial real estate, some assets came out of 2020 stronger than ever before. Booming e-commerce meant industrial buildings were a hot commodity as the distribution network expanded. Self storage and medical facilities were stable throughout the year. There was also […]

Missoula Apartment Market Outlook | Q4 2020

Missoula Apartment Market Update 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 3.63% in […]

Montana Hospitality Industry Makes Recovery

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 […]

Adaptive Reuse, Infill and Absorption: CRE 101

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 […]

The Economic Impact of “Yellowstone”

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” […]

Montana Commercial Real Estate 2020 Wrap Up

Get ready for a rundown of some of the biggest commercial development stories across Montana in 2020. What happened in commercial real estate in Montana this year? So 2020 –  that was a heck of a year, huh?  We’re glad it’s almost over. But, even in the midst of a pandemic, an economic crisis and […]

Tonix Pharmaceuticals Plans Vaccine Development and Manufacturing Facility in Hamilton

Tonix Plans to Bring Jobs, Join Bioscience Cluster in Bitterroot Valley Facility Planned to Produce Vaccines at Commercial Scale, Including Those Under Development for Covid-19 HAMILTON, MONTANA (DECEMBER 23, 2020) – New Jersey-based Tonix Pharmaceuticals Holding Corp.(Nasdaq: TNXP) (Tonix or The Company) closed on an approximately 44-acre parcel of land on Old Corvallis Road in […]

Tonix Pharmaceuticals Plans Facility in Montana

Tonix in Montana: Groundbreaking Slated for Early 2022   Welcome to Hey What’s That Missoula. We’ll get you up to speed on all the dirt moving in and around Missoula. The big news is in Hamilton, Montana, where Tonix Pharmaceuticals closed on a 43-acre parcel. The land will eventually house a vaccine development facility. It […]

The (Former) Mullan Area Master Plan Gets a Green Light

The (Former) Mullan Area Master Plan Gets a Green Light Which Articles Got The Highest Engagement in 2020 – And What Does That Mean For Commercial Development? Up first, our most-commented-on article in 2020. It’s a peek into the future of the Sx͏ʷtpqyen, (pronounced Sooh-tup-CANE) Neighborhoods Area Master Plan. The plan was formerly known as […]

NNN or Triple Net: How Does That Work?

When it comes to your lease, you’ve heard NNN or Triple Net – but what does it mean? You’ve heard it before, or maybe you already know from experience: 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 […]