by SVN Commercial Advisory Group | Feb 10, 2023
JANUARY JOBS REPORT According to the Bureau of Labor Statistics, the US economy added 517,000 jobs in January while the unemployment rate was little changed at 3.4%. The number of unemployed persons was also little changed at 5.7 million. On the surface, the January...
by SVN Commercial Advisory Group | Feb 8, 2023
Introduction Sarasota, Florida, is a rapidly growing residential and commercial center that is set to see a major boost in its infrastructure, thanks to the recent state budget passed by the Florida Legislature. The budget includes money for a slew of local...
by SVN Commercial Advisory Group | Feb 7, 2023
Florida Industrial Sector Booms with Record Sales Volume and Development Activity in 2022 The U.S. industrial market has been rapidly growing since early 2020, driven by a surge in e-commerce and construction activity. This has led to a surge in leasing...
by SVN Commercial Advisory Group | Feb 1, 2023
A joint venture between Defined Companies, LLC, co-founded and led by Noah Leon and Steven Guasch, and Nadeb Investments Group, Inc., led by President Eben Mensah, has purchased a 7.86-acre parcel located adjacent to the Ellenton Premium Outlets in Manatee...
by SVN Commercial Advisory Group | Jan 30, 2023
The Impact of Fed Fund Rate Increase on Cap Rates and Property Values The Federal Reserve raised its benchmark interest rate to its highest level in 15 years on December 14, 2022, leading to an increase in commercial lending rates. This raises the question of how this...
by SVN Commercial Advisory Group | Jan 27, 2023
Growth is a key indicator of the health and success of any business or organization. It is the measure of how much a company or an industry is expanding, and it is often used to gauge the overall health of the economy. The latest update on growth in the business world...
