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Manatee County Buys $4.4M Facility to Permanently House Sheriff’s Office

Manatee County Buys $4.4M Facility to Permanently House Sheriff’s Office

by SVN | CAG | Jul 18, 2024

County deal is third in recent months for SVN | Commercial Advisory Group   Tony Veldkamp, CCIM, a Senior Advisor with SVN | Commercial Advisory Group, has successfully closed a $4.4 million deal for a freestanding office building at 616 67th Street, Bradenton,...
Mobile Home Parks and the Housing Crisis: Mid-Year 2024 Update

Mobile Home Parks and the Housing Crisis: Mid-Year 2024 Update

by SVN | CAG | Jul 15, 2024

In the midst of an increasingly challenging housing landscape, mobile home parks are emerging as a surprising beacon of stability. Frank Rolfe, co-owner of one of the largest mobile home parks businesses in the US says he’s more bullish now on parks than...
SVN Facilitates $5.5 Million Sale of High-Profile Office Building

SVN Facilitates $5.5 Million Sale of High-Profile Office Building

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....
CRE Prices & Outlook, Rising Multifamily Prices | Economic Update

CRE Prices & Outlook, Rising Multifamily Prices | Economic Update

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...
SVN Commercial Advisory Group Closes 10-Year Lease on Entire Plaza

SVN Commercial Advisory Group Closes 10-Year Lease on Entire Plaza

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...
Hurricane Damage, Interest Rates, Elections: CRE Market is Subject to a Host of Influences

Hurricane Damage, Interest Rates, Elections: CRE Market is Subject to a Host of Influences

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...
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