Commercial Real Estate Insights
Philosophy of SVN Commercial Advisory Group fosters flexibility, teamwork and mentoring
When advisors are permitted to cross over into different asset classes, they enjoy some distinct benefits Commercial real estate firms vary widely. Some like to match up an advisor with one particular asset class. You work with a single kind of commercial real estate...
Economic Update Mid-October
Multifamily Cap Rates According to RCA’s transaction database, across all property types, Apartment cap rates widened by the largest margin in August, surging by 60 bps to 5.79%. The increase represents the Apartment sector’s largest month-over-month increase on...
Economic Update October 2020
Affordable Housing According to REIS, the Affordable Housing Sector has gone mostly unaffected through the pandemic as of Q2 While the national vacancy rate is up by 10 bps from the same time a year ago, they ticked down by 10 bps from Q1, settling at 2.4%. Rents are...
Two new team members join SVN Commercial Advisory Group
Mary O’Malley, Richard Lurk II to help strengthen group’s market presence in Southwest Florida Sarasota, Florida (September 30, 2020) – The SVN Commercial Advisory Group in Sarasota, Fla., is welcoming two new team members. The move is part of the group’s...
SVN Commercial Advisory Group manages the purchase of $1.76 million, Medical Office Investment Property
BRADENTON, Fla. (September 22, 2020) – Advisor, Jeff Jamison, MBA of SVN Commercial Advisory Group recently coordinated the purchase of a 5,766 SF Medical Office Investment Property at 6310 Health Park Way in Bradenton. A professional medical group of 18 doctors was...
This land is your land …
Managing the sale of undeveloped property is full of unique challenges, opportunities Vacant, undeveloped land may seem as if it’s among the simplest transactions in all commercial real estate (CRE). It’s just land, after all. How hard can it be? Quite hard,...
Retail commercial real estate shows signs of strength in midst of current economic climate
Businesses set to emerge from lockdown; some will find new ways to adapt. It’s hard to imagine any economic sector left untouched by the COVID-19 pandemic and lockdown. Waves are still rippling through most markets across the country, if not the world, and will be for...
SVN Commercial Advisory Group manages sale of $1.8M Land Development Site in Bradenton
Bradenton, Fla. (August 10, 2020) – Senior advisor Mike Migone, CCIM, of SVN Commercial Advisory Group recently coordinated the sale of 8.16 acres of land at 14503 East State Road 64 in Bradenton. Coastal Development of Bradenton, LLC was the seller. Seered 64, LLC...
SVN Commercial Advisory Group’s Gail Bowden wins high national honors
GlobeSt.com Women of Influence Award 2020 recognizes career achievements, outreach and mentorship Sarasota, Fla. (August 7, 2020) – Highly esteemed commercial real estate advisor Gail Bowden with the SVN Commercial Advisory Group has received honors as a Woman...