The Pandemic Takes Another Shot at the Office Asset Class

Occupancy fell by 2 million square feet as of November, compared to the third quarter in 2021.   Even before the emergence of the Omicron variant, office asset class recovery started to falter in the face of the ongoing recovery. Occupancy fell by 2 million...

Emerging Trends, Cap Rates & Office Demand | Economic Update

Emerging Trends in Real Estate  In PwC’s report on Emerging Trends in Real Estate for 2022, respondents highlighted a range of influential factors likely to impact real estate outcomes over the next year, including climate change, remote work, investor capital,...
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...

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,...

CRE Companies Put Old Hotels to New Uses

The hospitality industry may be hurting, but that doesn’t mean hotel real estate has to.   If you find yourself with a batch of lemons, the wise move is to make lemonade. What if you’ve got hotel properties in a down hospitality market? Luckily, you’ve got some...