Economic Update | November 13, 2020
• According to the Bureau of Economic Analysis, the U.S. economy grew at an annualized rate of 33.1% in the third quarter of 2020, the highest reading on record. Of course, the third quarter rebound follows the worst single quarter contraction on record, as annualized...
Growth in Tampa drives strong CRE market
Thriving metro area on Florida west coast creates many opportunities for advisors Tampa is a great place to call home. It’s where I was born and raised. And it’s a hub of opportunity for those to work in commercial real estate (CRE), which is what I’ve done here since...
Ready for success in CRE? Here’s what you’ll need
Skills and experience are important but winning attributes are of first importance The SVN Commercial Advisory Group and SVN Coastal Commercial Advisors are always on the lookout for quality people. Our recruitment process targets achievers who possess specific traits...
Many questions remain about the ‘new normal’ in commercial real estate markets
COVID-19 lockdown will definitely alter our future, but only time will tell how and how much It’s obvious to most everyone that significant changes are on the horizon for our entire economy and for society at large. Those changes can’t help but affect the commercial...
Why Florida Hotels Should Bounce Back Relatively Quickly
Because of devastating hurricanes, Florida hoteliers have experience in navigating massive drops in demand and extended recovery periods. The hotel industry is one of the nation’s hardest-hit sectors in the sudden economic downturn from COVID-19. Hotel economists are...
2019 Was A Damn Fine Year To Be A CRE Broker
According to the results of a new nationwide survey, 2019 was a very good year to be a real estate broker, with a benign economy and low interest rates allowing brokers to make more money. According to a nationwide poll undertaken by Apto, the results of which are...
Tips to Minimize Landlord’s Exposure When a Commercial Tenant Files Bankruptcy
Landlords often have clues that a tenant is going to be filing for bankruptcy, rental payments are consistently late several months in a row and the tenant falls more than a month behind on the rent. Landlords often have clues that a tenant is going to be filing for...
No Community, No Co-working
Why your co-working space’s success depends on the special bonds between its members Co-working is here to stay. Beyond the sleek minimalist office aesthetics and controversial Wall Street valuations, real estate vendors cannot ignore community within co-working...
Next Retail Trend Combines Barking and Beer
Dog Park Bars Are 'Increasing Dwell Time' at These Commercial Properties Retail real estate’s next big trend could be going to the dogs. Entrepreneurs are tapping into the ever-increasing desire of dog owners to take their furry friends with them everywhere by...
This Black Friday Could Be the Last for Many Stores
Consumers May Bombard Malls and Online Channels, But Not All Retailers Will Win As the crucial holiday shopping season gets into full gear, some retailers may be concerned this will be their last Black Friday. This year, probably more than any other, could be a death...