by SVN | CAG | Jul 10, 2024
SVN | Commercial Advisory Group announces the $5.5 million sale of the Kodra Professional Office Center, a prominent office building in Sarasota, FL. Gail Bowden, Senior Investment Advisor with the Sarasota-based firm, represented the seller, Kodra Professional Corp....
by SVN | CAG | Jul 2, 2024
BANK STREET TESTS According to the Federal Reserve, all 31 “systemically important financial institutions” (SIFIs) passed their annual stress tests. These tests evaluate the ability of large US banks to absorb hypothetical losses while maintaining more than their...
by SVN | CAG | Jun 27, 2024
Agreement worth more than $4 million in Port Charlotte Mike Migone, CCIM and Mary O’Malley, CCIM, of SVN | Commercial Advisory Group have successfully brokered a 10-year lease agreement for Elegance Plaza in Port Charlotte, FL. Valued at more than $4...
by SVN | CAG | Jun 24, 2024
By Advisor, Ryan McDonald What do hurricanes, elections, and bank failures have in common? Answer: Each can powerfully impact commercial real estate (CRE) markets in Florida and across the United States. In fact, a whole host of variables influences both the...
by SVN | CAG | Jun 17, 2024
INTEREST RATES The FOMC voted to leave rates unchanged at its June policy meeting, which aligned with market expectations. On Wednesday, markets braced for the convergence of May’s Consumer Price Index data, which arrived just a few hours before the Federal Reserve’s...
by SVN | CAG | Jun 4, 2024
CRE LOAN MODIFICATIONS RISE AMID HIGH-RATE ENVIRONMENT According to a new report by Trepp, CMBS loan modifications rose dramatically in 2023 as a significant swell of loans are set to mature in the coming quarters. Modification volumes peaked mid-year 2023, climbing...
