by SVN Commercial Advisory Group | Nov 16, 2020
GDP According to the Bureau of Economic Analysis, the U.S. GDP grew at an annualized rate of 33.1% in the third quarter of 2020. The third quarter rebound follows the worst single quarter contraction on record. Annualized economic total output fell by 31.4% in Q2....
by SVN Commercial Advisory Group | Oct 30, 2020
Multifamily According to Real Capital Analytics’ hedonic cap rate series, multifamily cap rates ticked down a minuscule two basis points between Q2 and Q3 2020, settling at 5.23%. Conversely, RCA’s transaction cap rate series ticked up by 20 bps, signaling that there...
by SVN Commercial Advisory Group | Oct 2, 2020
Affordable Housing According to REIS, the Affordable Housing Sector has gone mostly unaffected through the pandemic as of Q2 While the national vacancy rate is up by 10 bps from the same time a year ago, they ticked down by 10 bps from Q1, settling at 2.4%. Rents are...
by SVN Commercial Advisory Group | Jul 29, 2020
Advisors guided clients through the economic uncertainty caused by COVID-19 to coordinate 63 transactions Sarasota, Florida (July 29, 2020) – Despite the economic challenges in the wake of the COVID-19 pandemic, advisors from the SVN Commercial Advisory Group...
by SVN Commercial Advisory Group | Jun 22, 2020
Influx of investment money, tax benefits and natural beauty make the Sunshine State shine Every state in the union has its unique features when it comes to buying, selling and investing in commercial real estate. That’s certainly true of Florida. It’s a common joke...