by SVN | CAG | Dec 16, 2022
FOMC INTEREST RATE DECISION On December 14th, the Federal Reserve’s policy-setting committee raised their target Federal Funds Rate (FFR) range by 50 basis points to 4.25%-4.50%, slowing their speed of rate increases after four consecutive 75 basis point hikes — an...
by SVN | CAG | Dec 2, 2022
Gail Bowden handles sale of former Primo! Restaurante property Sarasota, Fla. (December 1, 2022) – SVN Commercial Advisory Group has managed the sale of two parcels at 8076 N. Tamiami Trail in Sarasota, Fla., one of which was the site of a popular Italian-themed...
by SVN | CAG | Dec 2, 2022
Market uncertainty impacts buyers, sellers, and investors Even the most casual observer can sense waves of uncertainty rippling through our economy these days. For buyers, sellers and investors in commercial real estate (CRE), that swirl of question marks is...
by SVN | CAG | 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 | CAG | 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...
