Commercial Real Estate Insights
CRE Crisis, Affordable Housing, Market Sentiment | Economic Update
CURRENT ECONOMIC CONDITIONS (BEIGE BOOK) According to the March 6th, 2024, release of the Federal Reserve’s Beige Book, national economic activity increased over the previous six-week period. Eight of the twelve Federal Reserve districts reported slight to modest...
Gail Bowden with SVN Lists Property Portfolio for $76.8 Million
Six commercial properties, nine buildings, one portfolio – $76M listing secured by SVN along Fruitville Road and Cattlemen Road in Sarasota Business District Gail Bowden, Senior Investment Advisor with SVN | Commercial Advisory Group, has listed a six...
Rising Star: SVN Promotes Matt Fenske to Senior Advisor
SVN | Commercial Advisory Group is proud to announce the promotion of Matt Fenske to the role of Senior Advisor. Beginning his commercial real estate with career just seven years ago, Fenske has made tremendous strides, earning himself two promotions in less than a...
Inflation, CRE Prices, Housing | Economic Update
INFLATION According to the Bureau of Labor Statistics, the Consumer Price Index rose 0.3% month over month in January and 3.1% annually. The monthly pace of CPI rose above market expectations and triggered a brief reversal in equity markets. Fed officials have also...
SVN | Commercial Advisory Group Closes Deal on Lakewood Ranch Industrial Property
Cabinet company, business brokerage will occupy Gatewood Corporate Center warehouse after build out Bradenton, FL (February 22, 2024) – Peter Bartys, Senior Investment Advisor for SVN | Commercial Advisory Group, has successfully closed the $1.2 million sale of...
Decoding CRE: A Beginner’s Guide to CRE Terminology
Terminology abounds in the world of commercial real estate (CRE). It's a complex and nuanced industry. Whether you're new to the business, a client looking to better understand, or a seasoned professional just looking to refresh your terminology, it never hurts to...
Housing Market, Jobs Report, Debt | Economic Update
FOMC INTEREST RATE DECISION The FOMC left its benchmark federal funds rate unchanged at its January policy meeting as improving inflation and consumer expectations data has reduced the committee’s need to continue its monetary tightening. Still, the timing of...
SVN Manages Sale of Prime Port Charlotte Development Site
Paving the way for a 333-Unit Luxury Multifamily Project Representing both the buyer and the seller, Mike Migone, CCIM of SVN | Commercial Advisory Group managed the $8.4M sale of the 22 acre development site located at Highway 41 and Cranberry Rd, Port...
Industrial Trends, Office Conversions, & CPI | Economic Update
GDP Real US GDP expanded at a 3.3% annualized rate during Q4 of 2023, according to the advanced estimate from the US Bureau of Economic Analysis. The estimate surpasses the consensus projection of 2% and follows a 4.9% growth rate in Q3, bringing total 2023 US GDP to...