Commercial Real Estate Insights
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...
SVN Welcomes Industry Veteran Nick Cuviello to Elevate Medical Real Estate Expertise
Sarasota, FL (November 6, 2023) – SVN Commercial Advisory Group, a national commercial real estate brokerage in Sarasota, is pleased to announce the latest addition to the team, seasoned business professional, Nick Cuviello. Cuviello will join Senior Advisor Gail...
Exploring Self-Storage Investments in Florida and Beyond
In a world of real estate investment, self-storage has emerged as a profitable asset class. The demand for self-storage space continues to rise beyond the original three Ds of death, divorce, and disaster. There are many other factors, such as urbanization, downsizing...
2024 CRE Outlook, Home & Retail Sales | Economic Update
Gross Domestic Product Real GDP rose by 4.9% during the third quarter of 2023, its fastest pace since the fourth quarter of 2021, according to the advanced estimate from the Bureau of Economic Analysis (BEA). Continuing the post-pandemic storyline, robust consumer...
SVN Manages $3.1M Sale of Prime Industrial Property in Rapidly Growing Market
Sarasota, FL (October 27, 2023) – SVN Commercial Advisory Group is pleased to announce the successful sale of a high-value industrial property in Sarasota, Florida. The $3.1 million sale was managed by Senior Investment Advisor Mike Migone, CCIM who represented both...
SVN Single-Family Report
By Cameron Williams, Director of Research, SVN International Corp Elevated interest rates and a limited inventory of houses are driving Millennials and Gen Z towards the single-family rental (SFR) market in search of budget-friendly initial homes. Currently,...