by SVN Commercial Advisory Group | May 7, 2021
Advisors adapt to changing CRE market amid pandemic and economic contraction Sarasota, Florida (May 07, 2021) – During the first quarter of 2021, advisors from the SVN Commercial Advisory Group and SVN Coastal Commercial Advisors completed more than 50 deals exceeding...
by SVN Commercial Advisory Group | Apr 30, 2021
Covid Cases & Vaccinations The 7-day moving average of daily COVID-19 cases in the US ticked down to 67,175 on April 19th, a modest decrease that comes after two weeks of near-daily increases. While the trend has started to re-improve, the current mark remains 4%...
by SVN Commercial Advisory Group | Apr 23, 2021
Sale listings increased and the average asking price per square foot rose 5.6% from Q4 2020. CRE activity is bouncing back with the end of the COVID-19 pandemic (potentially) in sight. The first quarter of 2021 “represented a turning point both for the US and the...
by SVN Commercial Advisory Group | Apr 13, 2021
IMF Global Growth Forecast According to a recent growth forecast, the International Monetary Fund projects that the world economy will grow by 6.0% in 2021, followed by 4.4% in 2022. Their most previous estimates projected global growth to be 5.5% and 4.2%,...
by SVN Commercial Advisory Group | Apr 2, 2021
New Business Applications According to the Census Bureau, new business applications totaled a seasonally adjusted 423k in February, falling 13.4% month-over-month. Of the 423k applications, the Census Bureau estimates that 31k new business will eventually form over...