SVN Commercial Advisory Group manages sale of Opportunity Zone Property in North Sarasota
Sarasota, Fla. (September 9, 2019) – Senior Advisor Mike Migone, CCIM, of SVN Commercial Advisory Group recently coordinated the sale of a 6,300 SF retail space, located in an opportunity zone, in northern Sarasota. Robert Jamieson, was the seller. C&P Properties...
Venice Native, Thomas Trammell III joins SVN Commercial Advisory Group in Sarasota, Fla.
SARASOTA, Fla. (September 6, 2019) – SVN Commercial Advisory Group is pleased to announce the addition of Thomas Trammell III, to the team. Trammell has been active in the area for over a decade, focusing on retail and industrial leasing and will continue to do so,...
SVN Commercial Advisory Group manages sale of key property on Longboat Key
Longboat Key, Fla. (September 5, 2019) – Senior advisor Mike Migone, CCIM, of SVN Commercial Advisory Group recently coordinated the sale of 5 vacant parcels totaling 27,000 + SF on Palm Drive, Longboat Key. Migone represented the Sellers, William and Jennifer Saba....
Hotel Revenue Growth Slows, But Not Expected To Crash In A Downturn
Labor cost increases have eclipsed hotel revenues for the last three years, yet hotel analysts say the industry prepares to weather future economic hits. Two recent U.S. hotel reports paint an industry picture of slowing growth. Revenue per available room, or RevPAR,...
Powell Overshadowed by Further Escalation of Trade War Concerns
CoStar Analysis: Message That Fed Will Sustain Recovery Lost in Tweet Storm Markets were roiled by new tariffs imposed on U.S. goods announced by China, a much-anticipated speech from Federal Reserve Chairman Jerome Powell and President Trump’s reaction to both. The...
Does an Inverted Yield Curve Spell Doom for CRE?
And here’s another question: Will lower interest rates lead to riskier CRE deals? WASHINGTON, DC—On Wednesday the yield curve inverted—that is, yields on two-year Treasury bonds were higher than those on the ten-year bonds—for a short period of time before the markets...