by SVN Commercial Advisory Group | Feb 14, 2024
FOMC INTEREST RATE DECISION The FOMC left its benchmark federal funds rate unchanged at its January policy meeting as improving inflation and consumer expectations data has reduced the committee’s need to continue its monetary tightening. Still, the timing of...
by SVN Commercial Advisory Group | Jan 29, 2024
It’s no secret: Migration to Florida has been on the rise in recent years, creating a surge in housing demand. Amid such an influx, the state’s housing market is facing increased tightness. That’s created a challenge for individuals seeking...
by SVN Commercial Advisory Group | Dec 28, 2023
2024 US MULTIFAMILY OUTLOOK According to a recent forecast by Yardi Matrix, the US multifamily sector faces a mixed outlook in 2024. While apartments have performed relatively healthily during the Fed’s ongoing tightening cycle, sector valuations will face challenges...
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...
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...