1. FED MEETING MINUTES Minutes from the FOMC’s May 2-3 policy meeting showed that central bank policymakers were split on the decision to continue raising interest rates or pause increases during its most recent vote. Ultimately, the decision to raise rates by 25 basis points in May was unanimous. However, the minutes signal that officials …
Continue reading “May 26, 2023 Economic Update”
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 minute sand commentary in recent weeks suggested to the market that …
Continue reading “JULY 28, 2023 Economic Update”
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About SVN In order to better pursue its continued goals of customer service and responsiveness, in April 2006 Infinity Commercial Group joined SVN, one of the largest investment brokerage firms in the country with nearly 800 advisors in 40 states. SVN allows Infinity Commercial Group the opportunity to serve clients nationally as well as locally. …
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Happy State Bank d/b/a Goldstar Trust Company – Receivership – The sale of 15,235 SF Free-Standing building located at 1694 Smizer Station Rd, Fenton, MO 63026. Sale Price: $825,000.00.
Commerce Bank – Receivership – The sale of 1,907 SF Office/Condo space at #7 The Pines Court, Suite A, Creve Coeur, MO 63141. Sale Price: $162,500.00.
Small Business Administration – The sale of 20,155 SF Free-Standing Office/Warehouse Building located at 127 Weldon Parkway, Maryland Heights, MO 63043. Sale Price: $615,000.00
Williamsburg Center – The sale of 24,319 SF of Retail Space at 12154-12190 Natural Bridge Rd, St Louis MO 63044. Sale Price: $850,000.00.