Commercial Real Estate Insights
Jobs Report, 2024 Inflation, Investment Trends | Economic Update
DECEMBER JOBS REPORT US nonfarm payrolls increased by 216,000 in December, above November’s growth of 173,000 jobs and exceeding the consensus estimate of 170,000 according to the Census Bureau’s latest employment report. Meanwhile, initial jobless claims fell during...
Multifamily Outlook, Population, Retail Trends | Economic Update
2024 US MULTIFAMILY OUTLOOK According to a recent forecast by Yardi Matrix, the US multifamily sector faces a mixed outlook in 2024. While apartments have performed relatively healthily during the Fed’s ongoing tightening cycle, sector valuations will face challenges...
SVN Commercial Advisory Group Closes $3.7 million Sale of Englewood Retail Building
Property on S. McCall Road in Englewood houses high-profile tenants Aspen Dental, AT&T Englewood, FLA. (December 22, 2023) – Advisors from SVN Commercial Advisory Group recently managed the $3.7 million sale of a retail building in Englewood, Fla. Located at 2761...
Florida Medical Properties: Community Demographics Set the Demand
By John Milsaps Senior Advisor The healthcare real estate sector is a significant player in Florida, and the reason is crystal clear: The state has long been a hub for seniors. The demographic landscape plays a pivotal role in dictating demand for medical...
Mortgage Rates, Construction Spending, & CRE Loans | Economic Update
INFLATION AND FALLING ENERGY PRICES The latest PCE price index rose in line with consensus expectations in October, but the divergence between the core and headline numbers reflects the disinflationary impact of falling energy prices in recent months. According to the...
Infrastructure Projects: Revitalizing Force in Commercial Real Estate
By Matt Fenske Advisor In the ever-evolving landscape of commercial real estate (CRE), large infrastructure projects are reshaping the way we think about property development and investment. Transportation, energy and healthcare projects not only improve a...
Navigating the Waves: How Higher Interest Rates Affect Commercial Real Estate
By Tony Veldkamp, CCIM Senior Advisor The world of commercial real estate (CRE) is a dynamic landscape influenced by a host of factors, with interest rates playing a pivotal role in shaping its contours. As interest rates rise, it triggers a domino effect,...
Inflation, Lending Caps, CRE Trends | Economic Update
CPI INFLATION The Consumer Price Index (CPI) fell to 3.2% year-over-year in October, 50 basis points below the September reading, and follows two consecutive increases in annual CPI. Monthly CPI was flat, marking the first time the economy has experienced no...
WeWork Bankruptcy, CRE Prices, Apt Declines | Economic Update
WEWORK BANKRUPTCY, CRE IMPACT On November 6th, co-working trailblazer WeWork filed for Chapter 11 bankruptcy, bringing additional unease to an office sector battered from the residual effects of the remote-work revolution. Over the previous decade, including before...