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Mobile Home Parks and the Housing Crisis: Mid-Year 2024 Update

Mobile Home Parks and the Housing Crisis: Mid-Year 2024 Update

by SVN Commercial Advisory Group | Jul 15, 2024

In the midst of an increasingly challenging housing landscape, mobile home parks are emerging as a surprising beacon of stability. Frank Rolfe, co-owner of one of the largest mobile home parks businesses in the US says he’s more bullish now on parks than...
SVN Facilitates $5.5 Million Sale of High-Profile Office Building

SVN Facilitates $5.5 Million Sale of High-Profile Office Building

by SVN Commercial Advisory Group | Jul 10, 2024

SVN | Commercial Advisory Group announces the $5.5 million sale of the Kodra Professional Office Center, a prominent office building in Sarasota, FL. Gail Bowden, Senior Investment Advisor with the Sarasota-based firm, represented the seller, Kodra Professional Corp....
Hurricane Damage, Interest Rates, Elections: CRE Market is Subject to a Host of Influences

Hurricane Damage, Interest Rates, Elections: CRE Market is Subject to a Host of Influences

by SVN Commercial Advisory Group | Jun 24, 2024

By Advisor, Ryan McDonald   What do hurricanes, elections, and bank failures have in common? Answer: Each can powerfully impact commercial real estate (CRE) markets in Florida and across the United States. In fact, a whole host of variables influences both the...
Construction, Foreclosures, Interest Rates | Economic Update

Construction, Foreclosures, Interest Rates | Economic Update

by SVN Commercial Advisory Group | Jun 17, 2024

INTEREST RATES The FOMC voted to leave rates unchanged at its June policy meeting, which aligned with market expectations. On Wednesday, markets braced for the convergence of May’s Consumer Price Index data, which arrived just a few hours before the Federal Reserve’s...
CRE Loans, Luxury Retail, AI | Economic Update

CRE Loans, Luxury Retail, AI | Economic Update

by SVN Commercial Advisory Group | Jun 4, 2024

CRE LOAN MODIFICATIONS RISE AMID HIGH-RATE ENVIRONMENT According to a new report by Trepp, CMBS loan modifications rose dramatically in 2023 as a significant swell of loans are set to mature in the coming quarters. Modification volumes peaked mid-year 2023, climbing...
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