Pacific Partners

What are Innovation Districts? The impact of innovation districts on the built environment and the economy fosters creativity and collaboration in urban areas.

Tight availability marked the first half of 2023, leading to significant challenges for American renters. Despite this, a few metropolitan regions have provided a silver lining, witnessing a modest decline in rent prices 📉

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An Overview of the 2023 US Rental Market Insights and Trends Tight housing availability marked the first half of 2023, leading to significant challenges for American renters. Despite this, a few metropolitan regions have provided a silver lining, witnessing a modest decline in rent prices.

This beautiful Victorian home is filled with character and charm. It is the perfect place to start your own Airbnb, bed and breakfast business, or just move in. With its high ceilings, original stained glass windows, restored woodwork, and built-ins, it's a rare find. Walkable to downtown and bus lines. This home has 5 bedrooms in the upstairs unit and 2 bedrooms in the lower unit. The kitchen is fully renovated with stainless steel appliances and butcher block countertops. All the electrical and plumbing has been updated. This home is move-in ready!

Click here for details:
https://www.remax.com/WA/BELLINGHAM/home-details/1800-J-ST-BELLINGHAM-WA-98225/9876703826398009015/M00000650/2152687

This beautiful Victorian home is filled with character and charm. It is the perfect place to start your own Airbnb, bed and breakfast business, or just move in. With its high ceilings, original stained glass windows, restored woodwork, and built-ins, it's a rare find. Walkable to downtown and bus lines. This home has 5 bedrooms in the upstairs unit and 2 bedrooms in the lower unit. The kitchen is fully renovated with stainless steel appliances and butcher block countertops. All the electrical and plumbing has been updated. This home is move-in ready!

Click here for details:
https://www.remax.com/WA/BELLINGHAM/home-details/1800-J-ST-BELLINGHAM-WA-98225/9876703826398009015/M00000650/2150845

Looking for a charming investment property in Bellingham, WA? This property not only is amazingly beautiful but great cash flow.

1800 J Street, Bellingham, WA 98225 Listed at $1,250,000, MLS #2150845, 7 beds, 3 baths, 4,007 square feet, built in 1905, 5008, This beautiful Victorian home with character and charm is the perfect place to start your own Airbnb, bed and breakfast business, or just move in. With its high ceilings, , original stained glass windows, re...

The U.S. commercial real estate (CRE) market is experiencing unprecedented turbulence as and spaces grapple with the impact of a rise in remote working. The pressures on this sector have necessitated an innovative approach from banks to mitigate potential losses and stem a surge in defaults.

Continue reading: https://drp.li/vT04d

Navigating Shifting Sands: Banks Rework Terms Amid US Commercial Real Estate Stress The U.S. commercial real estate (CRE) market is experiencing unprecedented turbulence as offices and retail spaces grapple with the impact of a rise in remote working. The pressures on this sector have necessitated an innovative approach from banks to mitigate potential losses and stem a surge in de...

real estate development, increasingly prioritized globally due to growing awareness of climate change, represents a timely investment opportunity in the US. This concept underscores judicious resource use and conservation, striving for human activities to be sustainable over time.

🌳Continue reading here: https://drp.li/p7OZ3

Why Sustainable Design Matters in Commercial Real Estate Development Sustainable real estate development, increasingly prioritized globally due to growing awareness of climate change, represents a timely investment opportunity in the US. This concept underscores judicious resource use and conservation, striving for human activities to be sustainable over time. The ov...

We’re excited to introduce Lucy Brimer, our new real estate agent in Whatcom and Skagit counties! Lucy brings vast experience and a client-first philosophy that aligns with Pacific Partners’ values.

Her local expertise will be invaluable in enhancing our customer experiences and presence in these regions. Let’s give her a warm Pacific Partners welcome!

🔎🏢 Check out our latest projects via RE/MAX: https://drp.li/vKyFN

The recently concluded CRE Finance Council's (CREFC) Annual Conference in New York provided a valuable platform for industry professionals to gather and exchange insights amidst the challenging state of the commercial real estate (CRE) market. While acknowledging the prevailing low sentiment, there were pockets of optimism and a shared belief in a modest recovery on the horizon.

Find out more: https://pacificpartnersre.com/blogs/insights-from-the-cre-finance-councils-annual-conference-navigating-the-current-landscape.php

5 Tips for Successful Commercial Real Estate Investment We recently attended a mid-market multi-family conference in Texas, driven by our interest in the region's rapid expansion, a client's request to explore development opportunities, and a desire to understand the strategies employed by multi-family professionals in the area. Our firm values geographi...

The significance of generational wealth may not be apparent to everyone, but it holds the power to create a brighter future not only for the current generation but also for future ones.

Read more: https://pacificpartnersre.com/blogs/building-wealth-through-commercial-real-estate-investment.php

Building Wealth Through Commercial Real Estate Investment he significance of generational wealth may not be apparent to everyone, but it holds the power to create a brighter future not only for the current generation but also for future ones. Although challenges and obstacles are inevitable, overcoming these hurdles becomes much more manageable.

Commercial real estate loans are often used to purchase or renovate business properties, with lenders usually requiring the property to be predominantly owner-occupied — your business must occupy at least 51% of the total space.

💵 Discover funding opportunities: https://pacificpartnersre.com/blogs/commerical-real-estate-planning-options-and-considerations.php

Commercial Real Estate Financing: Options and Considerations Commercial real estate (CRE) refers to properties specifically designed for business activities and are not intended for residential use. These properties, which generate income, could range from retail malls, shopping centers, to office buildings, complexes, and hotels. The funds required for the a...

The real estate industry is at a pivotal moment for driving sustainable change. Embracing sustainable real estate and development offers numerous benefits such as lower operational costs, improved resale value, and enhanced reputation 🍃💰

🔎 Learn more: https://pacificpartnersre.com/blogs/why-sustainable-design-matters-in-commercial-real-estate-development.php

5 Tips for Successful Commercial Real Estate Investment We recently attended a mid-market multi-family conference in Texas, driven by our interest in the region's rapid expansion, a client's request to explore development opportunities, and a desire to understand the strategies employed by multi-family professionals in the area. Our firm values geographi...

The latest trends in environmentally-friendly buildings focus on utilizing advanced materials that promote energy and . These innovative materials not only provide tight seals to block weather conditions but also prioritize the use of recycled components whenever possible.

Read on: https://pacificpartnersre.com/blogs/the-rise-of-eco-friendly-buildings-in-commercial-real-estate.php

The Rise of Eco-Friendly Buildings in Commercial Real Estate In today's world, the importance of environmentally-friendly buildings, commonly known as green buildings, cannot be overstated. These structures prioritize resource efficiency at every stage of their life-cycle, from design and construction to operation, maintenance, renovation, and even demolition...

Hiring part-time rental manager in Bellingham. Please DM if interested.

As businesses of all sizes often require the assistance of a commercial real estate broker, it is valuable to have a foundational understanding of their role. This article explores three key factors to consider when selecting a commercial real estate broker who can significantly contribute to your business's growth.

📖 Read more: https://drp.li/nban9

How to Choose a Commercial Real Estate Broker for Your Business A commercial real estate broker acts as an expert intermediary between landlords and tenants, striving to achieve the best outcomes for their clients. However, the specific roles and priorities of brokers vary depending on which side of the transaction they are representing.

Ready to invest in commercial real estate? Here are our top 5 tips to make the most of your property:

✔️ Research the local market
✔️ Consider the potential ROI
✔️ Get the right financing
✔️ Hire a property manager
✔️ Consider the tax implications

Get the full scoop on our blog: https://drp.li/FYatv

5 Tips for Successful Commercial Real Estate Investment We recently attended a mid-market multi-family conference in Texas, driven by our interest in the region's rapid expansion, a client's request to explore development opportunities, and a desire to understand the strategies employed by multi-family professionals in the area. Our firm values geographi...

Amidst turbulent capital markets, Seattle's real estate continues to garner worldwide interest. A record-shattering $322 million residential tower transaction Is an example of this trend, as the 461-unit Kiara at 111 Terry Ave. North was acquired by Spanish firm Ponte Gade for an impressive $700,000 per unit.

Continue reading: https://pacificpartnersre.com/blogs/record-breaking-seattle-residential-tower-sells-for-$700000-a-unit.php

Record Breaking: Seattle Residential Tower Sells for $700,000 a Unit Amidst turbulent capital markets, Seattle's real estate continues to garner worldwide interest. A record-shattering $322 million residential tower transaction Is an example of this trend, as the 461-unit Kiara at 111 Terry Ave. North was acquired by Spanish firm Ponte Gade for an impressive $700,000...

Upon returning from the mid-market multi-family conference in Texas, we can report that developers at the conference expressed concerns about the challenging capital stack, making it difficult to find deals that make financial sense.

Continue reading: https://pacificpartnersre.com/blogs/closer-look-into-the-heart-of-texas-mid-market-multi-family-book.php

Closer Look Into the Heart of Texas’ Mid-Market Multi-Family Book We recently attended a mid-market multi-family conference in Texas, driven by our interest in the region's rapid expansion, a client's request to explore development opportunities, and a desire to understand the strategies employed by multi-family professionals in the area. Our firm values geographi...