Life Insurers Boost Multifamily Lending as Rental Demand Grows
Industry May Finance Up to $120 Billion Over Five Years, Insurance Companies Say Life insurance companies, already increasing their lending for multifamily property sales this year, say their appetite for that type of financing could go higher in 2020. Industry...
Fed Cuts Interest Rates to Try to Cushion US Economy From Global Headwinds
CoStar Analysis: US Central Bank Now Must Gauge Effects of Recent Changes The Federal Reserve reduced its policy rate by 25 basis points to a target range of 1.75% to 2%, the second interest rate cut from the central bank in two months, as data indicates a slowing...
SVN Commercial Advisory Group manages sale of $1.975 million, 1.44 acre development site in Sarasota, FL.
SARASOTA, Fla. (September 17, 2019) – Senior Advisor, Mike Migone,CCIM of SVN Commercial Advisory Group recently coordinated the sale of a 1.44 acre parcel of land in Sarasota, FL. Tembo Enterprises, LLC, was the seller. The buyer was Tamiami Trail Apartments, LLC....
SVN Commercial Advisory Group Manages Sale of 2 Acre Redevelopment Site in Bradenton
Bradenton, Fla. (September 9, 2019) – Senior advisor Mike Migone, CCIM, of SVN Commercial Advisory Group recently coordinated the land sale of a 2 acre, 44-unit Mobile Home Park at 3708 Manatee Avenue West, in Bradenton. Alfred Wiesbauer, was the seller. Horne...
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,...