SVN Commercial Advisory Group Closes $3.7 million Sale of Englewood Retail Building
Property on S. McCall Road in Englewood houses high-profile tenants Aspen Dental, AT&T Englewood, FLA. (December 22, 2023) – Advisors from SVN Commercial Advisory Group recently managed the $3.7 million sale of a retail building in Englewood, Fla. Located at 2761...
Mortgage Rates, Construction Spending, & CRE Loans | Economic Update
INFLATION AND FALLING ENERGY PRICES The latest PCE price index rose in line with consensus expectations in October, but the divergence between the core and headline numbers reflects the disinflationary impact of falling energy prices in recent months. According to the...
Navigating the Waves: How Higher Interest Rates Affect Commercial Real Estate
By Tony Veldkamp, CCIM Senior Advisor The world of commercial real estate (CRE) is a dynamic landscape influenced by a host of factors, with interest rates playing a pivotal role in shaping its contours. As interest rates rise, it triggers a domino effect,...
Inflation, Lending Caps, CRE Trends | Economic Update
CPI INFLATION The Consumer Price Index (CPI) fell to 3.2% year-over-year in October, 50 basis points below the September reading, and follows two consecutive increases in annual CPI. Monthly CPI was flat, marking the first time the economy has experienced no...
WeWork Bankruptcy, CRE Prices, Apt Declines | Economic Update
WEWORK BANKRUPTCY, CRE IMPACT On November 6th, co-working trailblazer WeWork filed for Chapter 11 bankruptcy, bringing additional unease to an office sector battered from the residual effects of the remote-work revolution. Over the previous decade, including before...
In CRE Deals, There’s No Substitute for Due Diligence
By Mike Migone, CCIM Senior Investment Advisor Investing in commercial real estate (CRE) can be a lucrative venture, but it comes with its share of risks and challenges. Paying heed to due diligence is one of the ways to help mitigate those factors. It's...