Labor Day, The Donut Effect & Existing Home Sales
Labor Day Deadline U.S. companies are increasingly looking to lure workers back to the office, with many now setting Labor Day as the deadline for their employees to return to the office. While many employers have lauded remote work as a success, increasingly, company...
Mark Bower of SVN CAG Manages Sale of 7.25 Acres in Bradenton
Sarasota, FLA. (June 30, 2021) – Mark Bower of SVN Commercial Advisory Group recently coordinated the sale of 7.25 acres of land at 5703 and 5715 15th Street East in Bradenton, FLA. The seller, MLYK Enterprises, LLC was represented by Matt Kezar of Ian Black. Bower...
Senior Advisor, Mike Migone manages $6.5M industrial deal
Senior Advisor locates prime Clearwater facility with nearly 74K square feet Sarasota, Fla. (June 24, 2021) – Mike Migone, CCIM of SVN Commercial Advisory Group managed a $6.5 million property deal in Clearwater, Fla., for a client who will convert it into a...
Inflation, Jobs Report, & CRE | Economic Update June, 2021
Inflation According to the Bureau of Labor Statistics, consumer prices rose by a seasonally adjusted 0.6% in May from the month prior. While the month-over-month reading was lower than April’s growth rate (0.8% MoM), May’s 5.0% year-over-year change in average prices...
Behind the Surge in Lumber Prices
If you follow the commodities markets, you might wonder why bling isn’t made of wood instead of gold these days. Builders can get lumber if they wait and are willing to pay through the nose. Construction is more expensive, with obvious impacts on strategies at all...
Has Bridge Financing Cast a Shadow Over Agency Lenders?
Pricing has become aligned with how aggressive the private debt funds have gotten in recent months and how aggressively priced multifamily deals have become overall. Alternative financing options have emerged more aggressively than ever, serving more specialized...