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Mortgage Rates, Construction Spending, & CRE Loans | Economic Update

Mortgage Rates, Construction Spending, & CRE Loans | Economic Update

by SVN Commercial Advisory Group | Dec 11, 2023

INFLATION AND FALLING ENERGY PRICES The latest PCE price index rose in line with consensus expectations in October, but the divergence between the core and headline numbers reflects the disinflationary impact of falling energy prices in recent months. According to the...
WeWork Bankruptcy, CRE Prices, Apt Declines | Economic Update

WeWork Bankruptcy, CRE Prices, Apt Declines | Economic Update

by SVN Commercial Advisory Group | Nov 10, 2023

WEWORK BANKRUPTCY, CRE IMPACT On November 6th, co-working trailblazer WeWork filed for Chapter 11 bankruptcy, bringing additional unease to an office sector battered from the residual effects of the remote-work revolution. Over the previous decade, including before...
In CRE Deals, There’s No Substitute for Due Diligence

In CRE Deals, There’s No Substitute for Due Diligence

by SVN Commercial Advisory Group | Nov 9, 2023

By Mike Migone, CCIM Senior Investment Advisor   Investing in commercial real estate (CRE) can be a lucrative venture, but it comes with its share of risks and challenges. Paying heed to due diligence is one of the ways to help mitigate those factors. It’s...
2024 CRE Outlook, Home & Retail Sales | Economic Update

2024 CRE Outlook, Home & Retail Sales | Economic Update

by SVN Commercial Advisory Group | Oct 27, 2023

Gross Domestic Product Real GDP rose by 4.9% during the third quarter of 2023, its fastest pace since the fourth quarter of 2021, according to the advanced estimate from the Bureau of Economic Analysis (BEA). Continuing the post-pandemic storyline, robust consumer...
SVN Manages $3.1M Sale of Prime Industrial Property in Rapidly Growing Market

SVN Manages $3.1M Sale of Prime Industrial Property in Rapidly Growing Market

by SVN Commercial Advisory Group | Oct 26, 2023

Sarasota, FL (October 27, 2023) – SVN Commercial Advisory Group is pleased to announce the successful sale of a high-value industrial property in Sarasota, Florida. The $3.1 million sale was managed by Senior Investment Advisor Mike Migone, CCIM who represented both...
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