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2025 is almost here, so here is our best forecast for the Commercial Real Estate industry. In brief, there is optimism for both opportunities and growth, but at a slow and steady pace. In an industry where investors rely heavily on debt, the success and resiliency of businesses, and consumer demand, interest rates and inflation…
Water rights in Whatcom County are becoming increasingly important to understand and act on as the Department of Ecology issued a notice of a water adjudication May 1, 2024. Water Adjudication is a legal process to quantify and prioritize water use, giving highest priority to the oldest and continuous water user. And while it may…
Recently, Washington State removed the requirement for a notarized signature on leases with terms longer than a year. As of June 6, 2024, Washington state instituted Senate Bill 5840, which stated that commercial leases no longer need to be notarized. Prior to June 6, 2024, commercial leases in Washington state that lasted longer than one year…
With the landmark case regarding the National Association of Realtor’s rules and regulations regarding broker commissions settled, large changes are anticipated for the real estate industry. Below, a CCIM Institute article opines about the anticipated affects to specifically the commercial real estate industry: Source: National Association of REALTORS® Settlement – Will it Impact Commercial Real…