SVN Research & Reports
Economic Update – March 17, 2023
1. INFLATION The Consumer Price Index (CPI) rose 0.4% month-over-month and 6.0% year-over-year on a seasonally adjusted basis through February, according to the Bureau of Labor Statistics’ March 14th release. Both the monthly and annual measures decelerated from...
Economic Update – February 24, 2023
1. HOMEBUILDING SENTIMENT RISES According to the latest data from the National Association of Home Builders (NAHB), homebuilding confidence is on the rise. The NAHB/Wells Fargo Housing Market Index (HMI) rose seven index points to a level of 42, its highest reading...
Economic Update – January 27, 2023
1. GDP Real GDP increased at a 2.9% annual rate in Q4 2022, according to the advance estimate by the Bureau of Economic Analysis. Economic output has slowed from Q3 2022, when real GDP grew at a 3.2% annual rate. While recession fears have amplified heading into 2023,...
Commercial Real Estate News
SVN Research | Single Family Rental Report | 10.16.2023
SVN Single-Family Report By Cameron Williams, Director of Research, SVN International Corp. Elevated interest rates and a limited inventory of houses are driving Millennials and Gen Z towards the single-family rental (SFR) market in search of budget-friendly initial...
Economic Update – October 13, 2023
1. SEPTEMBER JOBS REPORT The US economy added 336,000 new jobs in September, according to the Bureau of Labor Statistics, almost double the consensus forecasts. The unemployment rate remained unchanged at 3.8%. September’s employment growth was the highest since...
Recent Lease Transactions
SVN Denver Commercial Press Releases Denver & Surrounding Areas: 1401 Zuni, Denver, CO, 8020 Multisite LED, LLC, d/b/a Actuate Facility Technologies has leased 2155 sq. ft. of Office space at 1401 Zuni St in Denver. The Tenant was represented by Liz Leder. Josh...
Northern Colorado Talking Points
Talking Points: Significantly Slower Transaction Activity in NoCO CRE
Six Months of Below Average Leasing Activity Almost 50% More Listings on Market Compared to Last Year Contact our advisors to see how they can help you with your property April displayed all the slow down of the general economy in the reduction of transactions in the...
Life Changes As We Know it in #NoCOCRE
Private Owners are SellingPrivate owners have been net sellers so far this year. They have sold almost $200 million more than they have bought as a class of property owner. Either it was a sign of locking in gains, or exiting while the market still had demand and...
All Property Types are in demand in our tri-county NoCO region!
Market Cap Rates at 10-year LowProjects Under Construction at 10-year LowOverall availability of space always runs a few points higher than vacancy, as certain tenants are planning to vacate, but still occupy the space. In our market this appears to be 2-3% higher...