Commercial Real Estate Insights
Addressing Florida’s Housing Crunch: The Live Local Act and Its Impact on Real Estate
It's no secret: Migration to Florida has been on the rise in recent years, creating a surge in housing demand. Amid such an influx, the state's housing market is facing increased tightness. That's created a challenge for individuals seeking affordable living spaces,...
SVN | Commercial Advisory Group Represents Buyer on $8.8M Sale of Spectrum Office Building in Manatee County
Sarasota, Fla. (January 26, 2024) – SVN | Commercial Advisory Group has helped manage the $8.8 million sale of the Spectrum office at 5413 East State Road 64 in Bradenton. Serving as Manatee County's most prominent cable and internet provider, this sale stands to be a...
SVN Commercial Advisory Group Secures $1.58M Lease for Woodhouse Spa
High-end spa enters decade long, $1.58 million deal at busy downtown Sarasota intersection. Sarasota, Fla. (January 23, 2024) – Diane Lawson, CCIM and Ryan Edwards with SVN | Commercial Advisory Group have helped close a 10-year lease deal for the spacious...
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...