by Alexis Black | Jun 18, 2024
MAY 2024, SEAFORD, DE – SVN | Miller Commercial Real Estate Advisors, John McClellan and Kelly Jeter, recently sold an industrial complex in Seaford, DE at 6063-6095 Whitehurst Drive for $7,400,000 consisting of two warehouses totaling 124,784 SF and a total of 23...
by Alexis Black | Jun 17, 2024
1. INTEREST RATES • The FOMC voted to leave rates unchanged at its June policy meeting, which aligned with market expectations. On Wednesday, markets braced for the convergence of May’s Consumer Price Index data, which arrived just a few hours before the Federal...
by Alexis Black | Jun 3, 2024
1. CRE LOAN MODIFICATIONS RISE AMID HIGH-RATE ENVIRONMENT • According to a new report by Trepp, CMBS loan modifications rose dramatically in 2023 as a significant swell of loans are set to mature in the coming quarters. • Modification volumes peaked mid-year 2023,...
by Alexis Black | May 17, 2024
1. LARGE FUNDS INCREASE CRE FOOTPRINT • A recent analysis by Reuters details how large funds are increasing their CRE market share as traditional lenders such as banks pull back. • Stricter capital rules for banks and recent regional bank failures in the US have led...
by Alexis Black | May 1, 2024
APRIL 2024, SALISBURY, MD – Flo Brotzman, Senior Advisor with The Hanna Team at SVN | Miller Commercial Real Estate, recently leased the Hydroponic Greenhouse on Little Lane in Salisbury, MD. The Hydroponic Farm was leased to Murat Kilic, an experienced hydroponic...
