Q1 GDP, CRE Outlook & Foreclosures | Economic Update
Data shows CRE foreclosure filings rose by 117% year-over-year through March 2024, with roughly 625 CRE foreclosures in just the past month. First quarter GDP fell short of most estimates. CRE Prices fell 3.0% year-over-year through March and just 0.2% from February....
Office Activity, Blackstone Investments | Economic Update
Blackstone has been reported to have purchased Apartment Income REIT (AIR Communities) for upwards of $10 billion, putting them on the Investment "Offensive." Office activity implications show the sector may have hit its floor. Read more in the economic update below....
SVN | Commercial Advisory Group Secures Impressive Top 10 Rankings in SVN Q1 Report
Sarasota based SVN office and advisors rank in the Top 10 out of over 200 offices nationwide. SVN | Commercial Advisory Group is pleased to announce its outstanding performance in the recently released SVN International Q1 rankings, showcasing the top 10...
Multiple Commercial Properties Sell in Growing North River Market
SVN Commercial Advisory Group represents buyers in two locations around US-301; one planned as site of 194-unit community Parrish, Fla. (April 8, 2024) – SVN Commercial Advisory Group has announced the successful $4.7 million closures of multiple commercial...
NAR Settlement, Industrial Expansion, Mixed-Use | Economic Update
INDUSTRIAL'S LARGEST OPERATORS EXPAND According to an article by Commercial Observer, Industrial real estate heavyweights Prologis and Link Logistics are leading an ongoing expansion in warehouse use despite recent reports of a post-COVID boom slow in demand....
CRE Crisis, Affordable Housing, Market Sentiment | Economic Update
CURRENT ECONOMIC CONDITIONS (BEIGE BOOK) According to the March 6th, 2024, release of the Federal Reserve’s Beige Book, national economic activity increased over the previous six-week period. Eight of the twelve Federal Reserve districts reported slight to modest...