SVN Research & Reports
Economic Update – August 25, 2023
1. AI AND COMMERCIAL REAL ESTATE A recent article by MSCI Real Capital Analytics suggests that despite the growing concern about AI’s potential impact on commercial real estate, a balanced view should be taken that considers both the economic risks of AI and its...
Economic Update – August 11, 2023
1. CPI INFLATION The Consumer Price Index (CPI) rose 3.2% from one year ago, roughly in line with last month’s increase and climbing just 0.2% month-over-month. Core prices, which exclude food and energy rose 4.7% year-over-year, the lowest annual increase since...
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...
Commercial Real Estate News
SOLD: 403 Perry Street, Castle Rock, CO
Castle Rock, CO - October 13, 2023 - SVN | Denver Commercial is pleased to announce the sale of 403 N Perry Street in Castle Rock, CO. The 26,745 sq. ft. Specialty property was sold for $ 7,200,000. MaryAnne Hardeman with SVN | Denver Commercial facilitated the...
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...
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...