Malls, Construction, & JOLTS | Economic Update – November 4
Interest Rate Hike On November 2nd, the FOMC voted to increase the Federal Funds Rate by 75 bps for the fourth consecutive time, taking the benchmark interest rate to its highest since early 2008. The current Federal Funds Target Rate sits at 3.75%-4.00. In the...
Commercial Real Estate will Weather Ian’s Aftermath
Opportunities exist on Gulf Coast, despite widespread hurricane devastation It was the deadliest hurricane to strike Florida since 1935. Hurricane Ian was a Category 4 storm that came ashore on the Gulf Coast near the end of September, taking well over 100...
SVN Commercial Advisory Group manages sale of popular North Port eatery
Anna Maria Oyster Bar will move into turnkey facility occupied since 1994 by Family Table Restaurant Sarasota, Fla. (October 26, 2022) – Gail Bowden, a Senior Investment Advisor at SVN Commercial Advisory Group, has managed the sale of a longstanding family...
CREA Charity Golf Tournament
On Monday, October 24, 2022 SVN Commercial Advisory Group participated in the REALTOR® Association of Sarasota & Manatee’s (RASM) Commercial Real Estate Alliance (CREA) Golf Tournament in support of a local charity. This was the 21st year of this event being held....
CPI, Energy, & Job Reports | Economic Update – October 18
INFLATION The Consumer Price Index (CPI) rose by 8.2% year-over-year through September and 0.4% month-over-month, according to the Bureau of Labor Statistics. This month’s 40 basis point increase comes after just a 10-bps increase in August. Shelter, food, and medical...
Tenacity and an SDSU Education Puts Young Alumnus on the Fast Track to Real Estate Success
Even when the COVID-19 lockdown dried up internship openings in 2020, one driven SDSU student overcame all obstacles to achieve early career success. It’s no secret that an internship is one of the best ways for students to get their foot in the door to gain...