SVN Research & Reports
Economic Update – April 12, 2024
1. HOMEBUYERS ADJUSTING TO HIGHER INTEREST RATES A new survey by Fannie Mae suggests that home buyers are gradually adjusting to higher mortgage rates despite increasingly negative sentiments about the housing market. Fannie Mae’s Home Purchase Sentiment Index dropped...
Economic Update – March 29, 2024
1. INDUSTRIAL’S LARGEST OPERATORS EXPAND According to an article by Commercial Observer, Industrial real estate heavyweights Prologis and Link Logistics are leading an ongoing expansion in warehouse use despite recent reports of a post-COVID-boom slow in demand....
Economic Update – February 23, 2024
1. INFLATION According to the Bureau of Labor Statistics, the Consumer Price Index rose 0.3% month over month in January and 3.1% annually. The monthly pace of CPI rose above market expectations and triggered a brief reversal in equity markets. Fed officials have also...
Commercial Real Estate News
SOLD: 13461 Bass Pro Drive, Colorado Springs, CO
Colorado Springs, CO, February 16, 2024 - SVN | Denver Commercial is pleased to announce the sale of a retail investment property located at 13461-13467 Bass Pro Drive in Colorado Springs. The 4,160 sq. ft. retail property was purchased for $3,100,000 and closed on...
Economic Update – February 9, 2024
1. FOMC INTEREST RATE DECISION The FOMC left its benchmark federal funds rate unchanged at its January policy meeting as improving inflation and consumer expectations data has reduced the committee’s need to continue its monetary tightening. Still, the timing...
SVN Economic Update – January 26, 2024
1. GDP Real US GDP expanded at a 3.3% annualized rate during Q4 of 2023, according to the advanced estimate from the US Bureau of Economic Analysis. The estimate surpasses the consensus projection of 2% and follows a 4.9% growth rate in Q3, bringing total 2023 US GDP...
Northern Colorado Talking Points
January 2023 Talking Points: A Month of Small Deals for NoCO CRE
Office sales volume drops quarter to quarter in the NoCO region.2022 was the highest Multifamily sales volume in NoCO region over the last 10 years.Contact our advisors to see how they can help you with your property January was still showing the hangover from the...
December 2022 Talking Points: The NoCO CRE Year Ends Much Like it Played Out all Year
$1 million was the sweet spot for December Sales, as private parties remained active and national investors took an early holiday in NoCOThe typical cap rate transaction last year in our region was between 6 to 7%. Institutional-grade properties sold in a lower...
November 2022 Talking Points: November CRE Sales Hit Slow Gear in NoCO
Retail Rent Growth Strong in NoCO Industrial Rent Growth Continues 10 year Rise in NoCOContact our advisors to see how they can help you with your property The tri-county (Boulder, Larimer & Weld counties) “NoCOCRE market had the slowest month in a long time in...