Farmland to Flats | Housing Changes Across Montana
In an unexpected twist, Montana, renowned for its sprawling ranches, finds itself amidst an apartment boom. Communities across Montana have witnessed a surge, with one in every three permitted housing units in 2023 being an apartment statewide. The trend intensifies in Missoula, where two out of three permitted housing units take on apartment forms. […]
Distressed Assets: Can You Uncover A Great Deal?
Distressed debt investing is a strategy that involves purchasing discounted assets from lenders or property owners. Typically the properties are either foreclosed or in the foreclosure process. There may also be opportunities to acquire discounted properties before they begin the foreclosure process. Why do assets become distressed? Typically, assets become distressed when their cash […]
Raising Rents? Three Tips to Keep Industrial Tenants Happy
Industrial lease rates are rising across Montana. Building owners may be surprised to see what the going rate is for industrial space when it comes time to renew leases. Increasing rents will mean that tenants expect a high level of service for maintenance requests. This means your property management must be on-point with modern communication […]
1031 Alternatives | 5 Reasons to Invest in DST’s
Capital market volatility and rising interest rates paired with unchanged seller pricing expectations from the 2021 era (when the cost of capital was much lower) is making it challenging for exchange buyers to locate quality “like kind” properties for their investment upleg. One option to include in your identification process could be a Delaware Statutory […]
Montana Property Tax Sticker Shock? How to Appeal
If you’re like many property owners we know in Montana, you recently received an unpleasant surprise in the form of your increased property tax assessments. You should have received your biennial updated property assessment from the Montana Department of Revenue in the last few weeks. Many property owners felt the shock of increases in […]
1031 Exchange Alternatives | Are UPREITS a Good Deal?
In a tight real estate market with low inventory, investors may need a 1031 exchange alternative. If a seller wants to defer taxes but available properties don’t fit within their criteria, a traditional 1031 exchange may not make sense. This can be especially true in today’s current market. The good news is that a seller […]
Bump Up the Value | Quick & Easy Updates For Your Office Space
Demand for office space in Montana is on the rise – but most users are looking for upgraded spaces with new finishes and modern appeal. Take your aging office to the next level without the investment of major renovations with some small-scale improvements that can significantly enhance the value and appeal of your office. New […]
Bozeman’s Boom-tastic Bonanza: Apartments Fly Up Across the City
Hammers, nails, and engineered wood flooring have been flying at new apartment communities across Bozeman in 2023. Fast and furious construction is bringing needed new housing to market. This is good news for Bozeman’s tenants who have seen limited options and rising rents through 2021 and 2022. Vacancy Rate As we near the end […]
3 Housing Options Sure to Be a Hit in Missoula and Bozeman
Maggie Collister works with the Sterling Advisory Services team to provide feasibility and market studies for residential housing and commercial real estate across Montana. Email Maggie to learn more about how the Sterling Advisory Services team can help you Sterling Advisory Services spends a lot of time looking at the housing markets across Montana including […]
Do Commercial Real Estate Agents Need a Special License?
If you’re considering buying, selling, or leasing commercial property, you may be wondering if you need to find an agent with a special commercial real estate license. In Montana, there is no specific credential required to buy, sell, or lease commercial real estate besides a basic real estate license – the same license that residential […]
