Mark Bower of SVN CAG Manages Sale of 7.25 Acres in Bradenton

Sarasota, FLA. (June 30, 2021) – Mark Bower of SVN Commercial Advisory Group recently coordinated the sale of 7.25 acres of land at 5703 and 5715 15th Street East in Bradenton, FLA. The seller, MLYK Enterprises, LLC was represented by Matt Kezar of Ian Black. Bower...

Inflation, Jobs Report, & CRE | Economic Update June, 2021

Inflation According to the Bureau of Labor Statistics, consumer prices rose by a seasonally adjusted 0.6% in May from the month prior. While the month-over-month reading was lower than April’s growth rate (0.8% MoM), May’s 5.0% year-over-year change in average prices...

Behind the Surge in Lumber Prices

If you follow the commodities markets, you might wonder why bling isn’t made of wood instead of gold these days. Builders can get lumber if they wait and are willing to pay through the nose. Construction is more expensive, with obvious impacts on strategies at all...

Has Bridge Financing Cast a Shadow Over Agency Lenders?

Pricing has become aligned with how aggressive the private debt funds have gotten in recent months and how aggressively priced multifamily deals have become overall. Alternative financing options have emerged more aggressively than ever, serving more specialized...

Mike Migone, CCIM Manages Sale of $2.7M Medical Office Building

Sarasota, FLA. (May 19, 2021) – Senior advisor Mike Migone, CCIM of SVN Commercial Advisory Group recently coordinated the sale of a 15,395 SF, multi-level medical office building at 5922 Cattlemen Lane in Sarasota, FLA. The seller, Medical Leasing Group, LLC, was...