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SVN Commercial Advisory Group Manages Sale of The Beach Club at Anna Maria for $3.7M

by SVN Commercial Advisory Group | Oct 8, 2019

SARASOTA, Fla. (October 8, 2019) – Senior Advisor, Mike Migone,CCIM of SVN Commercial Advisory Group recently coordinated the sale of  the 20,996 SF, 14-unit Beach Club at Anna Maria in Bradenton Beach. Raps Development, LLC, was the seller. The buyer was Jacaranda...

CoStar Economy: Trade War Looms Over Fed Deliberations

by SVN Commercial Advisory Group | Oct 7, 2019

“Economists are really good at saying we just had a recession. They are not so good at expecting a recession.” –NY Fed President John Williams The trade war left its bruises all over the latest data reports. The ISM Manufacturing Index, an index of business...

Does an Inverted Yield Curve Spell Doom for CRE?

by SVN Commercial Advisory Group | Aug 15, 2019

And here’s another question: Will lower interest rates lead to riskier CRE deals? WASHINGTON, DC—On Wednesday the yield curve inverted—that is, yields on two-year Treasury bonds were higher than those on the ten-year bonds—for a short period of time before the markets...

What to Make of Gyrating Markets and Global Trade Wars

by SVN Commercial Advisory Group | Aug 7, 2019

CoStar Analysts Take Stock of Recent Headlines It appears that U.S. financial market is finally waking up to the reality of the intended and unintended consequences of the trade war. The main unintended result as been the uncertainty among businesses about future...

Talk Of Interest Rate Cuts Boosts The Stock Market, But Don’t Expect A Similar CRE Windfall

by SVN Commercial Advisory Group | Jul 18, 2019

U.S. Federal Reserve Chairman Jerome Powell indicated last week the central bank could soon cut interest rates for the first time in more than a decade. While commercial real estate typically welcomes rate cuts, economists don’t think it will drastically alter the...

Florida remains a hotspot for CRE development

by SVN Commercial Advisory Group | Jul 10, 2019

Industry group says state ranks fifth in overall commercial development nationwide It’s not just your imagination: Florida is booming. The state ranked fifth in the U.S. for all commercial real estate development, according to an annual survey by an affiliate of the...
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