by SVN Commercial Advisory Group | Mar 5, 2021
Most of the job gains were in the leisure and hospitality sectors. The US economy showed its clearest sign yet of recovery with February’s unemployment report released this morning by the Bureau of Labor Statistics: Some 379,000 jobs were added to US payrolls last...
by SVN Commercial Advisory Group | Mar 5, 2021
Minimum Wage One of the more publicized and contentious sticking points of the incoming-Biden Administration stimulus package is the potential inclusion of a $15/h minimum wage. According to the Congressional Budget Office, a strictly nonpartisan Agency, raising the...
by SVN Commercial Advisory Group | Feb 22, 2021
Industrial Sector According to Real Capital Analytics, hedonic cap rates for Industrial properties held at their all-time low through Q4 2020, finishing the year at an even 6.0%. Between strengthening property fundamentals and lower benchmark interest rates,...
by SVN Commercial Advisory Group | Feb 22, 2021
Sarasota, FL office ranks third statewide as CRE advisors thrive in uncertain times Sarasota, Florida (Feb. 22, 2020) – SVN Commercial Advisory Group has ranked third in total volume among the 20 SVN Florida CRE locations, with two advisors receiving Achiever...
by SVN Commercial Advisory Group | Feb 5, 2021
GDP According to the Bureau of Economic Analysis’ advance estimate, fourth-quarter sales grew at a seasonally and inflation-adjusted annual rate of 4.0% from the previous quarter. Despite a slowdown in improvement after the Summer’s initial snapback, Q4’s reading...
by SVN Commercial Advisory Group | Jan 27, 2021
President Biden recently signed an Executive Order to put the US back in the Paris climate accord. Kurt Stout, executive vice president, Government Solutions at Colliers International, says the US’s renewed focus on combating greenhouse emissions could affect...
