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SVN Commercial Partners
Sep 24, 20242 min read
Fed Cuts Interest Rates For First Time In 4 Years: Here’s What It Means For You
The Federal Reserve took the widely expected step Wednesday of announcing its first interest rate cut in years, a move that will have a...
SVN Commercial Partners
Sep 23, 20243 min read
Collier Commissioners Approve Tax Rates, Consider Repaying Conservation Collier
Collier County commissioners on Sept. 5 tentatively approved the $2.98 billion 2024-25 budget. Still, they didn’t resolve whether to...
SVN Commercial Partners
Sep 19, 20245 min read
Over 30 New Florida Laws Are Set To Take Effect On October 1st
Next month, 34 new Florida laws are set to go into effect. More specifically, all of those laws will take effect on Oct. 1 after being...
SVN Commercial Partners
Sep 17, 20242 min read
August Builder Sales Rates Improved MOM (Homebuilder Survey First Glance)
Here are the top 3 takeaways from this month’s Homebuilder Survey. Builders’ average sales rates (net of cancelations) cooled year over...
SVN Commercial Partners
Sep 13, 20243 min read
RSW $1B Terminal E Expansion Project Approved
The most expensive public infrastructure project in Southwest Florida history received approval on Sept. 5 from the Lee County Board of...
SVN Commercial Partners
Sep 11, 20241 min read
Lee Health to Invest $1.5B in Capital Improvements Through 2028
Lee Health plans to invest more than $1.5 billion in capital improvements through 2028, according to a study from economic development...
SVN Commercial Partners
Sep 9, 20241 min read
Lee Commissioners Award $229M in Disaster Recovery Grants for Public Facility, Infrastructure Projects.
Lee Board of County Commissioners voted on Sept. 3 to award more than $229 million in grants for about 20 public facility and...
SVN Commercial Partners
Aug 27, 20244 min read
Summary of Public Single-Family Rental REIT Quarterly Earnings Calls
2Q24 is healthy for SFR REITs; eyes are on supply Steady rent growth continued for the SFR REITs in most markets in 2Q24. The SFR REITs...
SVN Commercial Partners
Aug 22, 20243 min read
Family-Owned Cheney Brothers To Be Sold For $2.1 Billion
Food distribution company Cheney Brothers Inc., which operates a 427,000-square-foot distribution complex in Punta Gorda and other...
SVN Commercial Partners
Aug 20, 20241 min read
Florida’s Population Passes 23 Million For The First Time Due To Residents Moving From Other States
ORLANDO, Fla. (AP) — Florida’s population crossed the 23 million residents mark for the first time this year because of the influx of...
SVN Commercial Partners
Aug 14, 20242 min read
SVN Commercial Partners Court Appointed to Exclusively Market Fisherman’s Village
SVN Commercial Partners Court Appointed to Exclusively Market Fisherman’s Village Official brochure Punta Gorda, FL – July 17, 2024 – ...
SVN Commercial Partners
Aug 6, 20241 min read
Development Permit Issued for Cape Coral’s Tropicana Park
Army Corps of Engineers issued a development permit on July 29 for Tropicana Park in northwest Cape Coral, a project that has been on...
SVN Commercial Partners
Jul 30, 20241 min read
Naples Area Residential Inventory Increases, Sales Decrease in June
Despite a 59% year-over-year increase in overall inventory in the Naples area residential real estate market during June, overall closed...
SVN Commercial Partners
Jul 22, 20241 min read
Sean Old Named Multi-Housing Group Leader at SVN Commercial Partners
SVN Commercial Partners proudly appointed Sean Old as team leader of its newly launched SVN Commercial Partners | Multi-Housing Group....
SVN Commercial Partners
Jul 18, 20242 min read
Bonita Bill’s Restaurant On Market As Semmer Family Decides To Sell
For three decades, electrician Bill Semmer invested in waterfront property on San Carlos Island, including his passion project, Bonita...
SVN Commercial Partners
Jul 16, 20243 min read
$20M Fort Myers Beach Portfolio, Including Restaurant, Listed for Sale
Bonita Bill's Waterfront Café is part of a multi-property collection of properties that have been put on the market, a sign of the...
SVN Commercial Partners
Jul 16, 20241 min read
Church Buys New Plantation Rental from PGIM-led JV for $133M
The investment arm of the Church of Jesus Christ of Latter-day Saints paid $133 million for a newly completed rental building in...
SVN Commercial Partners
Jul 15, 20244 min read
Single-Family Rental Analysis and Forecast: Healthy SFR Fundamentals in Most Markets
Steady demand continued for the single-family rental (SFR) industry in the first half of 2024. SFR new lease asking rent growth continues...
SVN Commercial Partners
Jul 12, 20242 min read
Home Builders Are Banking On Urban Sprawl In South Florida
Major players are acquiring large properties north and south of Miami-Dade. Homebuilders, counting on the growing demand for housing in...
SVN Commercial Partners
Jul 11, 20243 min read
This Builder Plans Over 1,300 Florida Houses Despite Softening Market
GL Homes 'Bullish' on Demand Despite Higher Mortgage Rates A privately held Florida builder bought nearly 500 acres of land in its home...
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