Interest Rates, Job Growth | Economic Update
Interest Rates The yield curve, a measure of interest rate differences between short-dated and long-dated securities, has similarly continued along a path of recent recovery. A steep sloping yield curve is considered a market predictor of positive future economic...
Tax Cuts and Jobs Act
Senior housing qualifies for a critical exception The Treasury Department is completing several multi-year tax regulatory projects that primarily relate to the Tax Cuts and Jobs Act of 2017 before the new Biden Administration. Chief among them are procedures for...
Economic Update | December 30, 2020
New Economic Stimulus Agreement Congress agreed to a $900B economic relief package on December 20th, and the legislation passed both chambers on December 21st. Assuming it is signed into law, the bill will include $600 direct payments to each adult plus an additional...
AAA Sarasota Building, Manatee Avenue Retail Plaza Sell for Combined $6.9 Million
Both buildings will undergo renovations for new MAXhealth facilities in Sarasota and Bradenton. SVN Commercial Advisory Group has managed two deals, totaling nearly $6.9 million, for Sarasota-based buyer Zinnia Center. Tony Veldkamp and Matt Fenske completed the...
SVN Commercial Advisory Group manages nearly $6.9 million in deals for medical office space
AAA building and Manatee Avenue retail plaza will undergo renovations for new MAXhealth facilities in Sarasota, Bradenton Sarasota, Fla. (December 22, 2020) – SVN Commercial Advisory Group has managed two deals totaling nearly $6.9 million for Sarasota-based buyer...
Economic Update | December 18, 2020
Unemployment The Civilian Unemployment Rate (U-3) fell from 6.9% in October to 6.7% in November. The 0.2% month- over-month decline is the slowest rate of improvement since the Spring shutdown. While improvement is slowing, U-3 has recovered by 8.0% since April, when...