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...
Peter Bartys coordinates the sale of 5 office units at Sarasota’s International Trade Center
Sarasota, Fla. (October 11, 2022) – Senior commercial real estate advisor, Peter Bartys of SVN Commercial Advisory Group managed the sale of five office condos at 63 Sarasota Center Blvd., Sarasota, FL. Rare to this industrial business district, each office unit was...
Brian Pedersen joins team at SVN Commercial Advisory Group
Long Island native studied finance at Baruch College, worked as administrator for online real estate platform Sarasota, Fla. (October 3, 2022) – Brian Pedersen joins SVN Commercial Advisory Group as an Associate Advisor. Pedersen comes to the commercial real...
Interest Rate, Return to Office, Supply Chain | Economic Update – September 30
INTEREST RATE HIKE On September 21st, the FOMC voted to increase the Federal Funds Rate by 75 bps for third consecutive time to fight persistent US inflation. The current Federal Funds Target Rate sits at 3.00%-3.25%—its highest level since January 2008. Stocks...
Futures Market, Jobs, & Consumer Sentiment | Economic Update – September 9
July 29, 2022 Economic Update The September Economic Update from SVN Commercial Advisory Group was released on September 9. It highlights Futures Market Forecasts, Jobs, Consumer Sentiment and other relevant topics. This report was put together by SVN Research....