Commercial Real Estate Insights
Making sure the price is right: the science of CRE appraisal
A meticulous process is in place to help determine the market value for buyers and sellers Everything that’s up for sale has a price tag. We take it for granted. Whether it’s a piece of gum or a skyscraper, someone has to make an educated estimate of the item’s market...
Interest Rates, Job Growth | Economic Update
Interest Rates The yield curve, a measure of interest rate differences between short-dated and long-dated securities, has similarly continued along a path of recent recovery. A steep sloping yield curve is considered a market predictor of positive future economic...
Tax Cuts and Jobs Act
Senior housing qualifies for a critical exception The Treasury Department is completing several multi-year tax regulatory projects that primarily relate to the Tax Cuts and Jobs Act of 2017 before the new Biden Administration. Chief among them are procedures for...
Economic Update | December 30, 2020
New Economic Stimulus Agreement Congress agreed to a $900B economic relief package on December 20th, and the legislation passed both chambers on December 21st. Assuming it is signed into law, the bill will include $600 direct payments to each adult plus an additional...
SVN Commercial Advisory Group engages challenges of 2020, comes out stronger
Pandemic lockdown prompts innovation, resilience and helps with recruiting efforts However people may differ in their various opinions, we can all agree on this: 2020 has been a year to remember. When the corks popped during our parties on New Year’s Eve 2019, no one...
AAA Sarasota Building, Manatee Avenue Retail Plaza Sell for Combined $6.9 Million
Both buildings will undergo renovations for new MAXhealth facilities in Sarasota and Bradenton. SVN Commercial Advisory Group has managed two deals, totaling nearly $6.9 million, for Sarasota-based buyer Zinnia Center. Tony Veldkamp and Matt Fenske completed the...
SVN Commercial Advisory Group manages nearly $6.9 million in deals for medical office space
AAA building and Manatee Avenue retail plaza will undergo renovations for new MAXhealth facilities in Sarasota, Bradenton Sarasota, Fla. (December 22, 2020) – SVN Commercial Advisory Group has managed two deals totaling nearly $6.9 million for Sarasota-based buyer...
What the Stimulus Measure Offers CRE
The bill extends temporary relief from Troubled Debt Restructuring under the CARES Act for an additional year, to January 1, 2022. Finally, Congress has passed another stimulus measure. A $900 billion bill that includes several provisions beneficial to commercial real...
Economic Update | December 18, 2020
Unemployment The Civilian Unemployment Rate (U-3) fell from 6.9% in October to 6.7% in November. The 0.2% month- over-month decline is the slowest rate of improvement since the Spring shutdown. While improvement is slowing, U-3 has recovered by 8.0% since April, when...