Apartments, Cap Rates, GDP | Economic Update

Apartments, Cap Rates, GDP | Economic Update

GDP Economic growth slowed in the third quarter, settling at an annualized growth rate of 2.0% after an increase of 6.7% in the second quarter. Thursday’s advanced estimates come in below most economists’ forecasts. The latest Wall Street Journal Economic Forecasting...
Multifamily Property in Sarasota Sells for $11.6 million

Multifamily Property in Sarasota Sells for $11.6 million

Multifamily property located near downtown Sarasota Sarasota, Fla. (October 26, 2021) – SVN Commercial Advisory Group managed a multifamily deal worth $11.6 million for buyer Sarasota Presidential, LLC. The property at 3232 Fruitville Road in Sarasota is a two-story...
Pharmacy Foot Traffic Hits Pre-Pandemic Levels

Pharmacy Foot Traffic Hits Pre-Pandemic Levels

Pharmacy foot traffic continued double-digit growth patterns as the retail sector continued its post-COVID-19 recovery, with CVS and Walgreens leading the pack.  The brands are poised to return to year-over-two-year growth by March 2021, according to new data from...

SVN CAG marks 10-year anniversary as CRE brokerage firm

Ten founding members of SVN Commercial Advisory Group celebrate 10-year milestone with brokerage firm This month, SVN Commercial Advisory Group is celebrating a landmark anniversary for the founding group of commercial real estate advisors. To mark the occasion, we...

Mike Migone, CCIM Coordinates Purchase of 6.5+ Acres in Venice

Venice, FLA. (October 6, 2021) – Senior advisor Mike Migone, CCIM of SVN Commercial Advisory Group recently coordinated the sale of 6.51 acres at 2791 Jacaranda Boulevard in Venice, FL. The seller was Englewood Bank & Trust. The buyer was Home Planet Real Estate,...