CRE Companies Put Old Hotels to New Uses

The hospitality industry may be hurting, but that doesn’t mean hotel real estate has to.   If you find yourself with a batch of lemons, the wise move is to make lemonade. What if you’ve got hotel properties in a down hospitality market? Luckily, you’ve got some...

Getting the message out: Marketing matters in CRE

Traditional, digital and strategic efforts help position SVN Commercial Advisory Group as the firm of choice Behind the successful advisors at SVN Commercial Advisory Group is a marketing effort that often goes unseen. But it’s an integral part of the process. I...

Downtown Sarasota BB&T office building sold for $35 million

One of Sarasota’s most recognizable downtown office buildings has been sold to a Miami firm for $35 million. The nine-story, 550,000-square-foot BB&T Financial Center at 1800 Second St. in Sarasota was purchased by Tricera Capital of Miami. The sale, which closed...

What the US’ Return to the Paris Climate Accord Means to CRE

President Biden recently signed an Executive Order to put the US back in the Paris climate accord. Kurt Stout, executive vice president, Government Solutions at Colliers International, says the US’s renewed focus on combating greenhouse emissions could affect...

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...