SVN Research & Reports
Economic Update – July 28, 2023
1. FED INTEREST RATE DECISION On July 26th, The Federal Reserve raised their benchmark interest-rate by 25 bps, reversing a pause in rate-hikes that occurred in June. While the June pause was intended to start a “wait and see” approach by officials, their meeting...
Economic Update – July 14, 2023
1. INFLATION The consumer price index (CPI) rose by 0.2% month-over-month and 3.0% year-over-year through June, according to the latest numbers from the Bureau of Labor Statistics. June’s monthly pace was a slightly uptick from May, but inflation continued to trend...
Economic Update – June 30, 2023
1. INTEREST RATE OUTLOOK Despite the Federal Reserve’s decision to hold rates constant at their June meeting, current market forecasts project an 81.8% chance that the FOMC will move forward with a 25-basis point hike in July, according to the Chicago Mercantile...
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
Small towns in NoCO hog the headlines for CRE June Activity
2020 NoCO Sales Volume Slowing- Way- Down Sales Now Closing 10% Lower than Asking Price 2020 shows greatest differential in last three years Contact our advisors to see how they can help you with your property Frederick, Milliken, Johnstown, and Windsor got on the...
Despite Slow May, Tri-county NoCOCRE region has Underlying Strength
Tri-County Vacancy Rate Rising since Start of Year The Vacancy rate has crept up to 6% after a year of low to mid 5% rates Sublet Space in Region has Doubled since Last Year Sublet offerings can explain half of the rise in vacancies this year Contact our advisors to...
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...