Commercial Real Estate Insights
SVN Commercial Advisory Group manages sale of $1.08 million, 14,700 SF Industrial site in Sarasota, FL.
SARASOTA, Fla. (April 16, 2019) – Advisor, Jim Boyd, MAI of SVN Commercial Advisory Group recently coordinated the sale of a 14,700 SF Industrial Warehouse at 299 Sarasota Center Boulevard in Sarasota, FL. 311 Center Boulevard Inc., was the seller. The buyer was...
Why Florida Hotels Should Bounce Back Relatively Quickly
Because of devastating hurricanes, Florida hoteliers have experience in navigating massive drops in demand and extended recovery periods. At previous pricing levels, hotel occupancy above 60% typically indicated break-even. And with staff being a hotel’s costliest...
Mentoring a mutually beneficial arrangement in commercial real estate
Relationships help accelerate new careers, provide help to established advisors Mentoring has been around forever. Bill Gates' mentor was Warren Buffet. Plato learned philosophy from Socrates. It’s a relationship fraught with benefits for both student and teacher....
SVN Commercial Advisory Group ranks in Top 10 of SVN International’s more than 200 offices
Advisors Mike Migone and Gail Bowden place ninth and 11th, respectively, as SVN offices make strong showing in yearly rankings Sarasota, Florida (March 24, 2020) – An SVN International annual ranking has recognized SVN Commercial Advisory Group as the sixth...
Coronavirus Pandemic Will Be Uncomfortable, Not Catastrophic
The outbreak of COVID-19 will certainly be a decrease in real estate demand drivers, but there will be some great buying opportunities. The coronavirus pandemic has substantially disrupted the global economy in weeks, and there is a wave of uncertainty taking over the...
Amid Coronavirus, Landlords Gage Potential Vacancies for Financial Impact
Without a doubt, one of the main concerns for landlords is the financial stability of their tenants. As we look at the Coronavirus spreading with no immediate end in sight, the question is not whether it will adversely impact businesses; the question is how many...
Ivy League Schools Amass Large Land Portfolios
Those institutions, along with other universities around the country, want to create a diverse portfolio of investments. Ivy League universities are traditionally (and rightly) thought of as centers of world-class education. But new findings from Reonomy say they,...
Sale Prices Surge in Opportunity Zones
Fundraising Hits New Highs As Momentum Builds for Tax -Break Program Mark Heschmeyer CoStar News February 20, 2020 | 7:45 A.M. The latest opportunity zone data shows momentum building for the Trump administration's signature real estate tax break program. Last year,...
Mike Migone and SVN Commercial Advisory Group earn top performance honors in Florida
SVN offices in Sunshine State set a record with a combined gross volume of more than $1 billion Boynton Beach, Florida (Feb. 18, 2020) – Mike Migone, CCIM, is the top-performing advisor in SVN’s Florida rankings for 2019. In addition, SVN Commercial Advisory Group,...