by SVN Commercial Advisory Group | Nov 16, 2020
GDP According to the Bureau of Economic Analysis, the U.S. GDP grew at an annualized rate of 33.1% in the third quarter of 2020. The third quarter rebound follows the worst single quarter contraction on record. Annualized economic total output fell by 31.4% in Q2....
by SVN Commercial Advisory Group | Oct 30, 2020
Multifamily According to Real Capital Analytics’ hedonic cap rate series, multifamily cap rates ticked down a minuscule two basis points between Q2 and Q3 2020, settling at 5.23%. Conversely, RCA’s transaction cap rate series ticked up by 20 bps, signaling that there...
by SVN Commercial Advisory Group | Oct 20, 2020
When advisors are permitted to cross over into different asset classes, they enjoy some distinct benefits Commercial real estate firms vary widely. Some like to match up an advisor with one particular asset class. You work with a single kind of commercial real estate...
by SVN Commercial Advisory Group | Oct 14, 2020
Multifamily Cap Rates According to RCA’s transaction database, across all property types, Apartment cap rates widened by the largest margin in August, surging by 60 bps to 5.79%. The increase represents the Apartment sector’s largest month-over-month increase on...
by SVN Commercial Advisory Group | Oct 2, 2020
Affordable Housing According to REIS, the Affordable Housing Sector has gone mostly unaffected through the pandemic as of Q2 While the national vacancy rate is up by 10 bps from the same time a year ago, they ticked down by 10 bps from Q1, settling at 2.4%. Rents are...
