SVN Commercial Advisory Group Closes 10-Year Lease on Entire Plaza
Agreement worth more than $4 million in Port Charlotte Mike Migone, CCIM and Mary O'Malley, CCIM, of SVN | Commercial Advisory Group have successfully brokered a 10-year lease agreement for Elegance Plaza in Port Charlotte, FL. Valued at more than $4 million,...
Construction, Foreclosures, Interest Rates | Economic Update
INTEREST RATES The FOMC voted to leave rates unchanged at its June policy meeting, which aligned with market expectations. On Wednesday, markets braced for the convergence of May’s Consumer Price Index data, which arrived just a few hours before the Federal Reserve’s...
CRE Loans, Luxury Retail, AI | Economic Update
CRE LOAN MODIFICATIONS RISE AMID HIGH-RATE ENVIRONMENT According to a new report by Trepp, CMBS loan modifications rose dramatically in 2023 as a significant swell of loans are set to mature in the coming quarters. Modification volumes peaked mid-year 2023, climbing...
SVN Lists Investment Portfolio of 15 Florida Properties
Locations include prime markets: Tampa, Orlando, Jacksonville SVN Commercial Advisory Group has unveiled a portfolio of 15 properties across several economically strong markets in Florida. The collection stretches from the Gulf Coast to the Northeast region,...
SVN | Commercial Advisory Group Strengthens Services with Addition of Business Broker
SVN | Commercial Advisory Group is proud to announce the addition of Dustin Pittman, a seasoned business broker, to the team. With this strategic move, SVN | Commercial Advisory Group solidifies its position as a premier leader and full service brokerage firm in the...
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....