SVN | Saunders Ralston Dantzler takes a running start into the greater Orlando market.

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McDonald brings over 16 years of experience in high level commercial real estate consulting for clients, both national and local, including selling and leasing office, industrial, warehouse, vacant land, horse farms, shopping centers and apartment properties. Prior to joining SVN, McDonald served as the Vice President of Acquisitions and Development for Cope Properties, Inc. in Ocala, Florida where he was responsible for the acquisition, entitlement, and marketing of portfolio and client properties.

McDonald was initially drawn to SVN because of its collaborative approach, strong national network, and culture of generosity.

“SVN’s 35-year history of sharing commissions aligns with our firm’s core values of collaboration and transparency,” stated McDonald. “SVN’s culture is unmatched, and we look forward to continuing to advise clients who own CRE in this very dynamic and growing part of Florida under the SVN name.”

By leveraging SVN’s global platform, vast technological tools, and strong brand reputation as one of the most powerful brokerage firms in the United States, SVN | McDonald & Company is eager to expand their services in the Central Florida region.

For more information, visit www.svnmcdonald.com.

About SVN | McDonald & Company
www.svnmcdonald.com
https://www.linkedin.com/in/bartowmcdonald/

About SVN^®
The SVN^® organization is a globally recognized commercial real estate entity united by a shared vision of creating value with clients, colleagues, and our communities. The SVN^® brand is comprised of over 2,000 Advisors and staff in more than 200 offices across the globe in six countries. Our brand pillars represent the transparency, innovation, and inclusivity that enables all our Advisors to collaborate with the entire real estate industry on behalf of our clients. SVN’s unique Shared Value Network^® is just one of the many ways that SVN Advisors create amazing value with our clients, colleagues, and communities.  For more information, visit www.svn.com.
All SVN offices are independently owned and operated. To learn more about becoming an SVN commercial real estate business owner, visit http://www.svn.com/franchise/.

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Operating as a branch of SVN | Florida Commercial Real Estate Advisors for more than ten years, SVN | Waterfront Commercial Realty is an established commercial real estate firm led by Managing Directors Robert Hamman, Keith Kidwell, CCIM, SIOR, and Jerry Anderson, CCIM. Now, SVN | Waterfront Commercial Realty is expanding their geography and specialties into the Jupiter and North Palm Beach markets. The firm’s specialties include land, marinas, restaurants, high profiles businesses with real estate on the intracoastal, general office, and retail.

“After more than ten years as a successful SVN Advisor, I was thrilled about the opportunity to start a business partnership with a top commercial real estate brand,” says Managing Director, Rob Hamman. For Hamman, SVN was the only choice. “With SVN, we gain the visibility and technology of a global brand, plus access to a strong network of SVN Advisors spread across the country.”

Through this strategic partnership, SVN Waterfront Commercial Realty plans to expand with new offices in Stuart, Palm Beach Island, and North Palm Beach. “As the east coast of Florida continues its phenomenal growth, we are positioned perfectly to assist investors and other owners of commercial real estate. Our expansion bodes well to serve our existing clientele as well as new clients.”

About SVN | Waterfront Commercial Realty
SVN | Waterfront Commercial Realty is a successful CRE brokerage firm serving the Jupiter and North Palm Beach markets. The firm’s specialties include land, marinas, restaurants, high profiles businesses with real estate on the intracoastal, general office, and retail. For more information, visit http://www.jupitercommercial.us/.

About SVN®
The SVN organization is a globally recognized commercial real estate entity united by a shared vision of creating value with clients, colleagues, and our communities. The SVN brand is comprised of over 2,000 advisors and staff in more than 200 offices across the globe in six countries. Our brand pillars represent the transparency, innovation, and inclusivity that enables all our advisors to collaborate with the entire real estate industry on behalf of our clients.  SVN’s unique Shared Value Network® is just one of the many ways that SVN advisors create amazing value with our clients, colleagues, and communities. For more information, visit www.svn.com. 

All SVN offices are independently owned and operated. To learn more about becoming an SVN commercial real estate business owner, visit http://www.svn.com/franchising-opportunities/.

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This is a once-in-a-lifetime opportunity to purchase one of the most extensive development tracts available in Central Florida, one of the fastest-growing regions in the United States. Green Island Ranch offers developers astounding versatility due to its agricultural capacity, lake frontage, wildlife, proximity to tourist destinations, and commercial development corridors.

Business development opportunities include a marina, urban center, regional mall, industrial, office, hotel, and civic space. Recreational development possibilities include a theme park, ecotourism, or outdoor concert venues in one of the world’s most popular recreation destinations.

Esteemed Florida history with expansive development options.

Green Island Ranch is one of the most extensive tracts in Osceola County, spanning 5,977 ± acres. This scenic property is incredibly unique due to its size, history, and location within one of the fastest-growing regions in the United States and because it is an entitled mixed-use development for up to 17,000 residential units.

For over 100 years, this working ranch has been in the Partin family’s ownership and, at one time, was the largest ranch east of the Mississippi at 60,000 acres. This family holds an esteemed position in Florida’s history since the first patriarch arrived in 1847.  The Partins introduced Brahman cattle and quarterhorses to Florida. Later, their quadrille horsemanship performances morphed into the famous Silver Spurs Rodeo. It is truly a rare moment to be able to purchase a property of such distinction.

Take a few moments to watch the video below and visit the property page to see more details. Then contact Dean Saunders, ALC, CCIM or Dusty Calderon for a personal tour.

About SVN

SVN, a commercial real estate brokerage firm headquartered in Boston, is one of the industry’s most recognized and powerful brands based on the annual Lipsey Top Brand Survey and Commercial Property Executive Magazine. With more than 200 locations in 500 markets, SVN Commercial Real Estate Advisors provide sales, leasing, and property management services to clients worldwide. The Florida team consists of more than 100 advisors serving locations across the state.

The post Green Island Ranch – Rarely does a property like this go on the market! appeared first on SVN | Florida.

Since the 1970s, there’s been a direct correlation for homebuilders in this country between selling to the retail end-user, and the buyer’s desire to build equity while chasing the American Dream.

Since then, institutional money has become a huge player in the multifamily arena, culminating with the recession of 2008. As a result, SFRhub is now seeing the institutional players discovering what their predecessors have known all along; single-family rental homes are a safe, solid, and lucrative investment strategy.

Today, those looking to acquire existing SFR homes to create portfolios, need to be smarter, perform greater due diligence, understand the submarket, and drill down on each home in the portfolio to fully understand the capital expenditures required to hit the desired rents and returns on investment.

According to John Burns Real Estate Consulting, currently, about 95% of all single-family rental homes across the country are occupied, the highest level since 1997. Furthermore, the current demand for all rental homes will soon exceed the historical average in the oncoming quarters. In the U.S., single-family permits gain 10% year-over-year in 2020, with a current total of 916,000 that is estimated to increase to 950,000 in 2023.

Why Invest In The Existing Single-Family Rental Market

From 2017 through 2018, the existing SFR market is seeing compressed cap rates as competition increases along with home value appreciation. These cap rates for existing portfolios fall within the 5%-6.5% range – in Tier I & Tier II submarkets – thus pushing investors out to tertiary markets chasing yield.

Great deals are still out there, however, and SVN | SFRhub Advisors (SFRhub) is strategically positioned to support buyers and sellers to help them accomplish their goals through the use of quality decision data and market expertise. Even though returns are compressed, SFR investors benefit from stability, lower risk, higher liquidity, and more stable tenants in single-family rental homes, compared to other asset classes.

Why Invest In The Build-for-Rent Market

Today’s build-for-rent (BFR) model of single-family homes in master-planned communities and/or self-contained subdivisions is attracting the attention of institutional players, along with family offices, high net worth individuals, and numerous commercial real estate investors with whom SFRhub is working. Given the higher cost of existing single-family homes and the struggle to find existing inventory, builders and investors are realizing the advantages of BFR opportunities. In many cases, yields are exceeding those of existing portfolios, averaging 6%-8% cap rates. Attesting to this, in 2018, builders completed 41,000 new build-for-rent single-family attached and detached homes, further supporting the growth of the single-family rental sector.

SFRhub’s BFR portfolios are an excellent way to find a scale in the market operators wish to be part of. This model has a very hands-off approach for operators. There are little to no capital expenditures required within the first three to five years since the homes come with builder warranties. To make the opportunity more attractive, SFRhub sets the stage for operators to take advantage of a five-year home warranty package plan for big-ticket items, extending past the builder warranty.

Purchasing a new BFR community is a savvy way to create safe, steady returns at strong cap rates, as investors can realize strong returns for three, five, and seven years onward. Alternatively, investors can take advantage of their basis to sell individually to either the renter or to a market rate homebuyer when prices are high. This ability to shift strategies to take advantage of the liquidity in this asset class is unparalleled, compared to any other CRE asset class.

About SVN

SVN, a commercial real estate brokerage firm headquartered in Boston, is one of the industry’s most recognized and powerful brands based on the annual Lipsey Top Brand Survey and Commercial Property Executive Magazine. With more than 200 locations in 500 markets, SVN Commercial Real Estate Advisors provide sales, leasing, and property management services to clients worldwide. The Florida team consists of more than 100 advisors serving locations across the state.

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Palm Beach Gardens, Florida (June 29, 2020) – Since 1986, Waterway Cafe, known as a “South Florida Tradition”, has served Palm Beach Gardens and the surrounding areas.

The buyer intends to keep the tradition of this iconic South Florida waterfront restaurant alive. With plans for some very exciting improvements, they look forward to owning one of the “gems” of Palm Beach County. The restaurant will remain open and continue to serve an exciting menu of quality food & beverages.

Waterway Cafe was built in 1986 by an entrepreneurial businessman and real estate developer, Jefferson Vander Wolk, on the former site of Waterway Marina. Featuring Florida’s only floating boat bar, great food, friendly staff, and magnificent views of the Intracoastal Waterway, Waterway Cafe is not only a South Florida tradition but a favorite of locals and out-of-town travelers alike.

Rob Hamman’s Team sold the 8.9± acre waterfront parcel located across the Intracoastal waterway, formerly known as Panama Hattie’s.

About SVN

SVN, a commercial real estate brokerage firm headquartered in Boston, is one of the industry’s most recognized and powerful brands based on the annual Lipsey Top Brand Survey and Commercial Property Executive Magazine. With more than 200 locations in 500 markets, SVN Commercial Real Estate Advisors provide sales, leasing, and property management services to clients worldwide. The Florida team consists of more than 100 advisors serving locations across the state.

The post SVN Florida managed sale of Waterway Cafe in Palm Beach Gardens, FL appeared first on SVN | Florida.

Davenport, Florida (May 6, 2020) – SVN Florida has coordinated a leasing deal that will see the construction of a new Publix at the Champions Crossing in Davenport, FL. Ali Mushtaq, SVN Florida Senior Advisor, worked to secure the agreement for the property owner, Savi Tri-County, LLC.

The new Publix at 1200 Champions Drive in Davenport is set to open in the summer of 2021. Champions Crossing is at Highway 27 N and Bella Citta Boulevard, a busy intersection with a traffic light. Developing the property for Publix is Jim Gendreau and his company, Tailwinds Development, LLC (twdre.com).

The Champions Vue apartment complex and Woodspring Suites extended-stay hotel help make this – and Davenport in general – “a white-hot, sought-after area,” according to Mushtaq. He added that more than 5,000 housing units are coming into the local market.

“This property is the epicenter of development in the area, an outstanding location,” Mushtaq said. “It’s in a heavily trafficked tourist area with hotels and apartment complexes all around with hundreds of units. There are also more parcels available for tenants who will benefit from the traffic this store generates.”

Mushtaq is currently in discussion with other businesses that have expressed interest in the other space on the property. The remaining gross leasable amount is 7,121 square feet inline space out of 16,000 square feet. The outparcel B retail strip, the largest available strip, has 5,415 square feet available.

Suresh Gupta, CEO of Park Square Homes, is the property landlord. Mushtaq noted that both Gupta and developer Gendreau were selected because of their solid track records in the industry.

Gupta anticipates this will be a thriving spot for the Publix grocery store. “We expect this to be a very successful location because of the amount of growth in the area, especially all the vacation homes,” he said. “There’s another Publix store about four miles from there, but we showed the company that the amount of residential in the area will allow them to support another one.”

One of the factors that Gupta believes will drive the store’s success is the volume of vacationers in the surrounding area. “There’s a lot of short-term stay nearby and the people there tend to buy in bulk,” he said. “They buy on a weekly basis, getting their tubs of ice cream or whatever else they need. That helps a lot with sales in the area.”

The other spaces available on the property for retail leasing include:

• Parcel 1
• Parcel 2
• Outparcels C and D

About SVN

SVN, a commercial real estate brokerage firm headquartered in Boston, is one of the industry’s most recognized and powerful brands based on the annual Lipsey Top Brand Survey and Commercial Property Executive Magazine. With more than 200 locations in 500 markets, SVN Commercial Real Estate Advisors provide sales, leasing and property management services to clients worldwide. The Florida team consists of more than 100 advisors serving locations across the state.

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Sarasota, Florida (March 18, 2020) – SVN International has honored Ashley Barrett Bloom, Managing Director of SVN Lotus Commercial Real Estate Advisors, with the SVN Humanitarian of the Year Award for his ongoing work in suicide prevention.

Bloom received the peer-nominated award at the SVN Annual Conference in Palm Springs, CA, which ran from March 3-5.

“It’s mind-boggling when you consider that suicide takes more lives each year than natural disasters, murder and war,” Bloom said. “There are over a million attempts every year and it’s the 10th leading cause of death. Despite all that, suicide prevention is greatly underfunded.”

Bloom’s own life has been touched by the suicide of loved ones and acquaintances. These include his father, grandmother, high school classmates, friends and other family members that struggle.

“A big part of the problem is the stigma of suicide, which keeps people from talking about it,” Bloom said. “If somebody’s parent dies of a heart attack, nobody’s afraid to tell the story. With suicide, it’s different. But we’re working to remove that stigma and get people talking.”

Chief among his efforts during the past year has been his work as a board member for the American Foundation for Suicide Prevention (AFSP), Southwest Florida Chapter, which also won a national award from the organization in January: Most Improved Walk – Small Market. During its annual conference in Denver, the AFSP recognized the walk and its 130-percent increase in fundraising. Bloom’s AFSP chapter raised about $200,000 for the cause.

Bloom continues to be involved in many activities to raise funds in the fight against suicide. For example, he will walk 16 miles overnight during the Out of the Darkness Overnight Walk in New York City in June.

An advocate of increased state funding for suicide prevention, Bloom addressed the Florida state legislature Feb. 27 on Suicide Prevention Day.

“Suicide rates in Florida are higher than the national average, so we need to push for more funding of programs, education and treatment,” Bloom said. “Research indicates that suicide is preventable, given the right treatment and plan.”

Jerry Anderson, CCIM, Executive Managing Director of SVN Florida Commercial Real Estate Advisors, praised Bloom’s humanitarian work in this area.

“We’re proud of Ashley and he certainly deserves this prestigious award from SVN,” Anderson said. “He works tirelessly in the cause of suicide prevention. We’re pleased to see all of those efforts recognized.”

About SVN

SVN, a commercial real estate brokerage firm headquartered in Boston, is one of the industry’s most recognized and powerful brands based on the annual Lipsey Top Brand Survey and Commercial Property Executive Magazine. With more than 200 locations in 500 markets, SVN Commercial Real Estate Advisors provide sales, leasing and property management services to clients worldwide. The Florida team consists of more than 100 advisors serving locations across the state.

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Distressed properties can be solid investments for people seeking deals in commercial real estate. But you have to be careful.

These are properties that a lender wishes to sell quickly or that are under foreclosure. We’ve all seen them. Sometimes they’re sprawling, abandoned facilities sporting conspicuous “for sale” placards. Empty parking lots often surround them. Other times, there are still tenants in the building but the owner simply can’t hang onto it.

These properties can be attractive – even if they’ve fallen in disrepair – for an obvious reason: They have the potential to be profitable investments if handled right.

“Sometimes a buyer can pick these up well below market value; in fact, it’s fairly common to do so,” said Anthony Migliore, Senior Advisor for SVN First Coast Commercial Real Estate Specialists in Jacksonville, FL. “After the necessary repairs and upgrades, there’s an opportunity to build up equity and eventually sell the property at a substantial profit.”

The reasons vary as to why properties are distressed. A financially strapped owner may have difficulty keeping it maintained. Commercial and industrial facilities that aren’t kept up properly can grow increasingly dilapidated. Once the disrepair reaches a certain level, the property may require more work than the owner can reasonably afford.

In other cases, the owner may be unable to fulfill obligations to the financial institution, or the property is worth less than he or she owes. When a commercial real estate investment is underwater, it often ends up in foreclosure.

There are many different reasons such problems arise.

“Personal issues can force owners to let go of a property,” Migliore said. “Business partnerships dissolve, people get tangled up in a divorce or a lawsuit. For whatever reason, an owner can end up with a lien on the property and it’s simply too much of a hardship to keep things going.”

Even with the price advantages that make distressed properties appealing, there are pitfalls to consider. For example, they can require a great deal of repair and upgrade. If you’re in the market for one of these deals, be sure you can afford all the improvements before signing on.

“A good commercial real estate advisor can help you by evaluating an investment and screening out the ones that won’t serve you well,” said Migliore. “If someone is seriously interested in a given property, a thorough inspection – even multiple inspections – can uncover problems that are not readily apparent and save the potential buyer a world of grief.”

Checking out zoning can also stave off unwelcome “surprises” after the acquisition of a commercial property. A careful inspection of the financial records is also a must. It’s imperative that the buyer determine exactly how much debt is attached and whether any other financial or legal liabilities exist.

“Going it alone can be a risky endeavor,” said Migliore. “You come out ahead of the game by getting a commercial real estate advisor involved in the process, somebody who knows the ins and outs. In the end, a distressed asset can be a tremendously profitable investment, but it helps to have someone on your side.”

The post Check out distressed properties if you’re looking for deals in commercial real estate appeared first on SVN | Florida.

With some investments, you simply buy, hold and wait for the value to grow – a relatively passive endeavor. Commercial real estate portfolios are different: Optimizing them can increase ROI, sometimes significantly.

Obviously, the first step in that process is evaluating your portfolio, crunching the numbers. You want an accurate picture of your costs and how they sync up with revenue.

It’s also a good idea to do some market research at this point. For example, find out what similar properties charge for rent in the area. Assess whether the surrounding locale is in decline or holding strong, and what kinds of businesses are looking for commercial property for lease. Importantly, determine whether your rent is in line with what other area owners are charging.

Your analysis should reveal whether you’re keeping up with today’s trends and behaviors. It may have been profitable 10 years ago to lease sprawling floor space to a company that did business at the property and operated an onsite data center. Increasingly, though, businesses have remote data centers and may no longer require so much business office space. Be aware of shifting trends in technology so you aren’t caught off guard with a property that becomes difficult to lease.

After the fiscal picture emerges of your investment properties, you can go to work on how to reduce occupancy cost and improve ROI.

For example, consider how you might cut energy costs with such measures as automatic off/on lights for offices, LED lights and other energy-saving strategies. By making repairs and upgrading equipment in your buildings, you may also save on ongoing insurance costs. Find out from your insurance agent how upgrades can trim your premiums.

Speaking of insurance, look into ways you might save on that front. You may be carrying more insurance than is necessary for the properties you’re leasing. On the other hand, you may discover that you’re underinsured, which can have dire fiscal consequences in the event of a disaster or other unforeseen event. Either correction is an important optimization of your portfolio.

It’s also a good idea to automate leasing processes as much as possible. When tenants pay via an impersonal medium, they tend to be more reliable as opposed to paying you directly (the impersonal process doesn’t cut them any slack and they know it).

When you have unleased space, go to work devising ways to remedy this. If you have a team, set up a brainstorming session on how to make it happen. Square footage that’s not taking in revenue is working against your overall bottom line.

Robert Hamman, a senior advisor with SVN Florida Commercial Real Estate, said that simple improvements are also a good way to increase the value of a CRE portfolio. “Keep the property fresh and crisp, update painting, create curb appeal,” Hamman said. “Keep the windows cleaned, the parking lot resealed and striped — anything that can make your building stand out from the rest.”

He added that it’s also helpful to ask tenants what they might like to see in the spaces they rent. “Treat your tenants like cash flow, because they are,” he said.

Once you’ve performed your analysis, you’ll have a better sense of which portfolio properties are making you money and which are losers that you should put on the market.

Remember, too, that when you’re adding properties to your portfolio, you’ll benefit significantly from multi-use zoning. Don’t hem yourself in, buying too many buildings that are zoned for one purpose only. Your pool of potential renters is much smaller under those circumstances and you may have trouble leasing all your space. And refrain from buying a bigger facility than you can fill – for example, a huge warehouse in an area where there’s only marginal demand for such expansive square footage.

Most of this is just common sense. Assess what you have. Based on that analysis, determine how you can boost ROI and then get busy executing your strategy. A better-performing portfolio is only a few steps away.

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