by SVN Commercial Advisory Group | Dec 23, 2020
Both buildings will undergo renovations for new MAXhealth facilities in Sarasota and Bradenton. SVN Commercial Advisory Group has managed two deals, totaling nearly $6.9 million, for Sarasota-based buyer Zinnia Center. Tony Veldkamp and Matt Fenske completed the...
by SVN Commercial Advisory Group | Dec 22, 2020
The bill extends temporary relief from Troubled Debt Restructuring under the CARES Act for an additional year, to January 1, 2022. Finally, Congress has passed another stimulus measure. A $900 billion bill that includes several provisions beneficial to commercial real...
by SVN Commercial Advisory Group | Dec 18, 2020
Unemployment The Civilian Unemployment Rate (U-3) fell from 6.9% in October to 6.7% in November. The 0.2% month- over-month decline is the slowest rate of improvement since the Spring shutdown. While improvement is slowing, U-3 has recovered by 8.0% since April, when...
by SVN Commercial Advisory Group | Oct 20, 2020
When advisors are permitted to cross over into different asset classes, they enjoy some distinct benefits Commercial real estate firms vary widely. Some like to match up an advisor with one particular asset class. You work with a single kind of commercial real estate...
by SVN Commercial Advisory Group | Oct 14, 2020
Multifamily Cap Rates According to RCA’s transaction database, across all property types, Apartment cap rates widened by the largest margin in August, surging by 60 bps to 5.79%. The increase represents the Apartment sector’s largest month-over-month increase on...