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 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...
by SVN Commercial Advisory Group | Sep 30, 2020
Mary O’Malley, Richard Lurk II to help strengthen group’s market presence in Southwest Florida Sarasota, Florida (September 30, 2020) – The SVN Commercial Advisory Group in Sarasota, Fla., is welcoming two new team members. The move is part of the group’s...
by SVN Commercial Advisory Group | Jul 29, 2020
Advisors guided clients through the economic uncertainty caused by COVID-19 to coordinate 63 transactions Sarasota, Florida (July 29, 2020) – Despite the economic challenges in the wake of the COVID-19 pandemic, advisors from the SVN Commercial Advisory Group...
