Commercial Real Estate Insights
Interest Rate, Inflation, & Jobs | Economic Update – December 16
FOMC INTEREST RATE DECISION On December 14th, the Federal Reserve’s policy-setting committee raised their target Federal Funds Rate (FFR) range by 50 basis points to 4.25%-4.50%, slowing their speed of rate increases after four consecutive 75 basis point hikes — an...
Read more“These will be some beautiful units in a structure fronting the roundabout,” Migone said. “It’s a project we expect to have a tremendous impact on the area, which is designated as an opportunity zone – quite an addition.”
Future site of upscale rental properties sells for $1.7 million in Sarasota
SVN Commercial Advisory Group manages transaction; project is part of local opportunity zone north of downtown Sarasota, Fla. (December 14, 2022) – A commercial property that will house a complex of high-end apartments and retail space in Sarasota, Fla., has...
SVN Commercial Advisory Group closes $2.2 million deal on longtime restaurant
Gail Bowden handles sale of former Primo! Restaurante property Sarasota, Fla. (December 1, 2022) – SVN Commercial Advisory Group has managed the sale of two parcels at 8076 N. Tamiami Trail in Sarasota, Fla., one of which was the site of a popular Italian-themed...
Look for experienced CRE professionals to help you through economic turbulence
Market uncertainty impacts buyers, sellers, and investors Even the most casual observer can sense waves of uncertainty rippling through our economy these days. For buyers, sellers and investors in commercial real estate (CRE), that swirl of question marks is...
A Case for the Long View
Overview A consistent theme among investors surveyed in this year’s Emerging Trends in Real Estate report by the Urban Land Institute (ULI) and PwC was an eye toward the positive long-term fundamentals of Commercial Real Estate (CRE) rather than the industry’s glaring...
Warehouse Robotics
Warehouse Robotics What is Warehouse Robotics? Warehouse Robotics is the application of automated robotic technology to complete essential warehouse tasks like picking, counting, sorting, and transporting of goods. This technology streamlines repetitive,...
Interest Rate, Malls, & Rent | Economic Update – November 18
Interest Rate Hike On November 2nd, the FOMC voted to increase the Federal Funds Rate by 75 bps for the fourth consecutive time, taking the benchmark interest rate to its highest since early 2008. The current Federal Funds Target Rate sits at 3.75%-4.00. In the...
Malls, Construction, & JOLTS | Economic Update – November 4
Interest Rate Hike On November 2nd, the FOMC voted to increase the Federal Funds Rate by 75 bps for the fourth consecutive time, taking the benchmark interest rate to its highest since early 2008. The current Federal Funds Target Rate sits at 3.75%-4.00. In the...
Commercial Real Estate will Weather Ian’s Aftermath
Opportunities exist on Gulf Coast, despite widespread hurricane devastation It was the deadliest hurricane to strike Florida since 1935. Hurricane Ian was a Category 4 storm that came ashore on the Gulf Coast near the end of September, taking well over 100...