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Home Prices, Interest Rates, & Mortgage Rates | Economic Update – March 31

Home Prices, Interest Rates, & Mortgage Rates | Economic Update – March 31

by SVN Commercial Advisory Group | Mar 31, 2023

INTEREST RATE IMPACT ON BANK SECURITIES AND CAPITAL After recent distress in the banking sector, there is a risk that many of the small and mid-sized banks that hold the bulk of US commercial real estate loans may see a credit crunch, dampening liquidity in the...
Florida Legislature Passes Affordable Housing Act

Florida Legislature Passes Affordable Housing Act

by SVN Commercial Advisory Group | Mar 28, 2023

Live Local Act to go to Desantis for Signature   The Florida legislature has passed a comprehensive affordable housing bill worth $711 million after two years of rising rents. The “Live Local Act,” which passed the House with a vote of 103-6, will now...
While beautiful, waterfront CRE can entail special challenges

While beautiful, waterfront CRE can entail special challenges

by SVN Commercial Advisory Group | Mar 23, 2023

The shoreline offers stunning vistas but be sure to factor in the complexity and extra costs of owning such properties   If you’re looking to acquire commercial real estate (CRE) on a Florida waterfront, you’re not the only one. Such property is in high demand...
Silicon Valley Bank & Labor Markets | Economic Update – March 17

Silicon Valley Bank & Labor Markets | Economic Update – March 17

by SVN Commercial Advisory Group | Mar 17, 2023

Inflation The Consumer Price Index (CPI) rose 0.4% month-over-month and 6.0% year-over-year on a seasonally adjusted basis through February, according to the Bureau of Labor Statistics’ March 14th release. Both the monthly and annual measures decelerated from January....
Luis Viera joins SVN Commercial Advisory Group

Luis Viera joins SVN Commercial Advisory Group

by SVN Commercial Advisory Group | Mar 17, 2023

  Sarasota, Fla. (March 17, 2023) –   Luis Viera, a licensed Broker with over 32 years of experience in real estate sales, has recently made the transition from the Philadelphia, PA market to the local area.  With a successful career in both commercial and...
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