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Interest Rate, Inflation, & Jobs | Economic Update – December 16

Interest Rate, Inflation, & Jobs | Economic Update – December 16

by SVN Commercial Advisory Group | 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...
SVN Commercial Advisory Group closes $2.2 million deal on longtime restaurant

SVN Commercial Advisory Group closes $2.2 million deal on longtime restaurant

by SVN Commercial Advisory Group | 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...
Look for experienced CRE professionals to help you through economic turbulence

Look for experienced CRE professionals to help you through economic turbulence

by SVN Commercial Advisory Group | 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...
Malls, Construction, & JOLTS | Economic Update – November 4

Malls, Construction, & JOLTS | Economic Update – November 4

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...
Commercial Real Estate will Weather Ian’s Aftermath

Commercial Real Estate will Weather Ian’s Aftermath

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...
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