by SVN Commercial Advisory Group | Nov 4, 2022
Interest Rate Hike On November 2nd, the FOMC voted to increase the Federal Funds Rate by 75 bps for the fourth consecutive time, taking the benchmark interest rate to its highest since early 2008. The current Federal Funds Target Rate sits at 3.75%-4.00. In the...
by SVN Commercial Advisory Group | Oct 31, 2022
Opportunities exist on Gulf Coast, despite widespread hurricane devastation It was the deadliest hurricane to strike Florida since 1935. Hurricane Ian was a Category 4 storm that came ashore on the Gulf Coast near the end of September, taking well over 100...
by SVN Commercial Advisory Group | Oct 18, 2022
INFLATION The Consumer Price Index (CPI) rose by 8.2% year-over-year through September and 0.4% month-over-month, according to the Bureau of Labor Statistics. This month’s 40 basis point increase comes after just a 10-bps increase in August. Shelter, food, and medical...
by SVN Commercial Advisory Group | Aug 31, 2022
2022 Mid-Year Market Report Overview Commercial real estate has continued to test its speed limit on the path to normalcy through mid-2022. Though coming off 2021 highs, price momentum in the sector has sustained throughout the first half of 2022, generally following...
by SVN Commercial Advisory Group | Aug 10, 2022
Multi-location dentistry practice to occupy property; SVN Commercial Advisory Group represents buyer and seller Sarasota, Fla. (August 10, 2022) – Two advisors from SVN Commercial Advisory Group have managed the sale of a former PNC Bank building in the bustling...