Multifamily Property in Sarasota Sells for $11.6 million
Multifamily property located near downtown Sarasota Sarasota, Fla. (October 26, 2021) – SVN Commercial Advisory Group managed a multifamily deal worth $11.6 million for buyer Sarasota Presidential, LLC. The property at 3232 Fruitville Road in Sarasota is a two-story...
SVN CAG marks 10-year anniversary as CRE brokerage firm
Ten founding members of SVN Commercial Advisory Group celebrate 10-year milestone with brokerage firm This month, SVN Commercial Advisory Group is celebrating a landmark anniversary for the founding group of commercial real estate advisors. To mark the occasion, we...
Mike Migone, CCIM Coordinates Purchase of 6.5+ Acres in Venice
Venice, FLA. (October 6, 2021) – Senior advisor Mike Migone, CCIM of SVN Commercial Advisory Group recently coordinated the sale of 6.51 acres at 2791 Jacaranda Boulevard in Venice, FL. The seller was Englewood Bank & Trust. The buyer was Home Planet Real Estate,...
Property Prices & Google’s Purchase | Economic Update
Commercial Property Prices According to the Real Capital Analytics commercial property price index (CPPI), asset prices accelerated through August, growing an average of 1.5% from a month earlier. Moreover, the national all-property type CPPI is up a robust 13.5%...
CRE Companies Put Old Hotels to New Uses
The hospitality industry may be hurting, but that doesn’t mean hotel real estate has to. If you find yourself with a batch of lemons, the wise move is to make lemonade. What if you’ve got hotel properties in a down hospitality market? Luckily, you’ve got some...
Established Dental Practice Relocates to Tamiami Trail with $1.8M Purchase
Sarasota, FLA. (September 24, 2021) – Senior advisor Mike Migone, CCIM of SVN Commercial Advisory Group recently coordinated the sale of a 13,000 SF office building at 2700 S Tamiami Trail in Sarasota, FL. The seller was TSHSTB LLC. The buyer was Rocu Enterprises,...