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Take a closer look at Farwell & Cuba. 5.22 acres of residential development land in Mead, zoned MDR, where apartments ar...
10/14/2026

Take a closer look at Farwell & Cuba. 5.22 acres of residential development land in Mead, zoned MDR, where apartments are a permitted use. Swipe for the parcels, zoning, and what's nearby.

Details: activ8re.com/cuba

Questions? Call Eric Peterson at ACTIV8 Real Estate, LLC, (509) 255-3476.

10/09/2026

Just listed! 5.22 acres of multifamily development land in Mead, right at Farwell & Cuba. Zoned MDR, flat,
and about a quarter mile from Union Stadium. Two parcels sold together.

Details: activ8re.com/cuba

Questions? Call Eric Peterson at ACTIV8 Real Estate, LLC, (509) 255-3476.


Here's a question worth asking even if your building is full: when does your loan come due?About $757 billion in U.S. ap...
10/02/2026

Here's a question worth asking even if your building is full: when does your loan come due?

About $757 billion in U.S. apartment loans mature between 2026 and 2028 (Mortgage Bankers Association data via the Wall Street Journal), and a lot of it was borrowed at much lower rates. In Spokane, asking rents were up just 0.6% year over year in Q2 (CoStar, via our Q2 report), so rent growth won't cover much of the difference.

Apartment owners: what year does your loan come due? Drop it in the comments.

Here's something that surprises a lot of people: in Coeur d'Alene right now, the newest apartment buildings have the mos...
09/30/2026

Here's something that surprises a lot of people: in Coeur d'Alene right now, the newest apartment buildings have the most empty units. Older, well-kept buildings are where the market is tightest.

Over the past year through Q2, the market absorbed about 570 units while only 47 new ones opened (CoStar, via our Q2 report), and fewer projects are starting nationally.

CDA owners, what are you seeing? Are your renewals holding up better than new leases?

A lot can be zoned exactly right and still not be ready to build.Zoning tells you what's allowed. Whether you can actual...
09/25/2026

A lot can be zoned exactly right and still not be ready to build.

Zoning tells you what's allowed. Whether you can actually build, and when, depends on water, sewer, roads, and utilities having room for it.

That's why a council vote you may have missed matters. Post Falls just approved water reclamation upgrades with a total estimated cost of $3.1 million, and the next phase, with an early projection of around $40 million, should come before the council next year. The plant serves both Post Falls and Rathdrum.

Own land out here? Knowing what serves your site can tell you more about your timeline than the zoning map. Call us at 509-255-3476 or visit activ8re.com.

Fewer apartments are being built. So why aren't Spokane vacancies filling up faster?New starts in buildings with five or...
09/24/2026

Fewer apartments are being built. So why aren't Spokane vacancies filling up faster?

New starts in buildings with five or more units ran at an annual rate of 344,000 in August, according to the Census Bureau, down 15.5% from a year earlier per CoStar. That points to less new supply later. But buildings already finished or under way still need renters now, and they're competing for the same tenants as everyone else.

Eric wrote about what this means for Spokane in the Spokane Journal of Business: https://www.spokanejournal.com/articles/18557-is-spokanes-apartment-market-overbuilt

Own apartments here? Call us at 509-255-3476 or visit activ8re.com.

Cheaper materials do not build apartments. Financing does.There is a common assumption right now that construction costs...
09/15/2026

Cheaper materials do not build apartments. Financing does.

There is a common assumption right now that construction costs have come down, so more apartments must be on the way. The developers Multifamily Dive talked to this week did not say that. They described confusion, not opportunity, and they disagreed with each other about whether to start anything new.

Here in Spokane, our own Q2 numbers had units under construction at their lowest level since 2021.

So if you own apartments, a cost headline tells you almost nothing about what will actually get built near you.

If you want to know what is actually planned near your building, just ask.

Even with Spokane's apartment vacancy running above 8% right now, outside capital hasn't gone anywhere. Spokane accounte...
09/10/2026

Even with Spokane's apartment vacancy running above 8% right now, outside capital hasn't gone anywhere. Spokane accounted for 8 of the 19 apartment sales across the wider region last quarter, and one recent 178-unit sale closed at $22.5 million in under 90 days.

Buyers haven't left, they've just gotten more selective about condition and location. Well-maintained properties are still moving, and moving quickly.

Thinking about where your building's value stands? Let's talk.

Quick follow-up to what we posted about Spokane's apartment vacancy: the city has already permitted 561 new units throug...
09/09/2026

Quick follow-up to what we posted about Spokane's apartment vacancy: the city has already permitted 561 new units through July, the third-highest total in over 20 years, and another 800-plus units are still waiting on permits.

So even with vacancy running above 8% right now, more supply keeps coming. That matters more for some neighborhoods than others depending on where these projects land.

If you own an apartment building here, we're happy to walk through what's actually planned near you.

Big number out of Liberty Lake this week: Rockwood Retirement Communities wants to build a $275 million senior living ca...
09/09/2026

Big number out of Liberty Lake this week: Rockwood Retirement Communities wants to build a $275 million senior living campus in the River District, its third in Spokane County. Plans call for 260 residences and 100-plus jobs, on 15 acres, with construction starting in 2028 and residents moving in by 2030.

It's not apartments, but it's a long-horizon bet on this corridor holding value, right when a lot of other multifamily land nearby has been sitting quiet.

If you own land or a building near there, worth keeping an eye on.

https://www.spokanejournal.com/articles/18682-rockwood-retirement-proposes-liberty-lake-campus

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Liberty Lake, WA
99019

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